WisdomTree U.S. SmallCap Quality Dividend Growth Fund (NASDAQ:DGRS) Sees Significant Increase in Short Interest

WisdomTree U.S. SmallCap Quality Dividend Growth Fund (NASDAQ:DGRS) was the target of a large increase in short interest in February. As of February 28th, there was short interest totalling 30,300 shares, an increase of 152.5% from the February 13th total of 12,000 shares. Approximately 0.3% of the company’s stock are sold short. Based on an average daily volume of 52,700 shares, the short-interest ratio is presently 0.6 days.

Institutional Trading of WisdomTree U.S. SmallCap Quality Dividend Growth Fund

Institutional investors and hedge funds have recently modified their holdings of the stock. Sunbelt Securities Inc. grew its holdings in shares of WisdomTree U.S. SmallCap Quality Dividend Growth Fund by 5.9% during the fourth quarter. Sunbelt Securities Inc. now owns 6,275 shares of the company’s stock valued at $320,000 after buying an additional 350 shares during the last quarter. JPMorgan Chase & Co. grew its stake in shares of WisdomTree U.S. SmallCap Quality Dividend Growth Fund by 13.8% in the 4th quarter. JPMorgan Chase & Co. now owns 13,329 shares of the company’s stock valued at $683,000 after buying an additional 1,617 shares during the period. Jones Financial Companies Lllp lifted its holdings in shares of WisdomTree U.S. SmallCap Quality Dividend Growth Fund by 39.5% in the 4th quarter. Jones Financial Companies Lllp now owns 1,235 shares of the company’s stock worth $63,000 after acquiring an additional 350 shares during the last quarter. SBI Securities Co. Ltd. acquired a new stake in WisdomTree U.S. SmallCap Quality Dividend Growth Fund during the 4th quarter worth approximately $108,000. Finally, Janney Montgomery Scott LLC acquired a new stake in shares of WisdomTree U.S. SmallCap Quality Dividend Growth Fund in the 4th quarter valued at $207,000.

WisdomTree U.S. SmallCap Quality Dividend Growth Fund Stock Performance

NASDAQ:DGRS opened at $46.82 on Thursday. WisdomTree U.S. SmallCap Quality Dividend Growth Fund has a 52-week low of $46.10 and a 52-week high of $57.15. The firm has a market capitalization of $419.04 million, a PE ratio of 14.05 and a beta of 1.12. The stock has a 50-day simple moving average of $50.54 and a two-hundred day simple moving average of $51.62.

WisdomTree U.S. SmallCap Quality Dividend Growth Fund Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, February 27th. Shareholders of record on Tuesday, February 25th were paid a $0.04 dividend. This represents a $0.48 annualized dividend and a yield of 1.03%. The ex-dividend date was Tuesday, February 25th.

About WisdomTree U.S. SmallCap Quality Dividend Growth Fund

The WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks a dividend-weighted index of US small-cap stocks with growth characteristics. DGRS was launched on Jul 25, 2013 and is managed by WisdomTree.