WisdomTree Emerging Markets Quality Dividend Growth Fund (NASDAQ:DGRE) Sees Significant Drop in Short Interest

WisdomTree Emerging Markets Quality Dividend Growth Fund (NASDAQ:DGRE) was the target of a large decrease in short interest in the month of August. As of August 31st, there was short interest totalling 12,700 shares, a decrease of 38.0% from the August 15th total of 20,500 shares. Based on an average daily trading volume, of 13,300 shares, the days-to-cover ratio is currently 1.0 days.

WisdomTree Emerging Markets Quality Dividend Growth Fund Stock Up 0.5 %

Shares of WisdomTree Emerging Markets Quality Dividend Growth Fund stock traded up $0.13 during trading hours on Friday, reaching $27.30. 108,515 shares of the company’s stock were exchanged, compared to its average volume of 14,264. The business has a fifty day moving average of $26.84 and a two-hundred day moving average of $26.10. WisdomTree Emerging Markets Quality Dividend Growth Fund has a 1 year low of $21.18 and a 1 year high of $27.87. The company has a market capitalization of $144.71 million, a P/E ratio of 11.92 and a beta of 0.78.

WisdomTree Emerging Markets Quality Dividend Growth Fund Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, June 27th. Shareholders of record on Tuesday, June 25th were given a $0.14 dividend. The ex-dividend date was Tuesday, June 25th. This is a boost from WisdomTree Emerging Markets Quality Dividend Growth Fund’s previous dividend of $0.09.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in DGRE. Vermillion & White Wealth Management Group LLC acquired a new position in shares of WisdomTree Emerging Markets Quality Dividend Growth Fund in the 4th quarter valued at $2,499,000. Exchange Capital Management Inc. boosted its stake in WisdomTree Emerging Markets Quality Dividend Growth Fund by 56.6% in the first quarter. Exchange Capital Management Inc. now owns 16,228 shares of the company’s stock valued at $417,000 after acquiring an additional 5,864 shares in the last quarter. Finally, Rothschild Investment LLC purchased a new position in shares of WisdomTree Emerging Markets Quality Dividend Growth Fund during the second quarter worth about $26,000.

WisdomTree Emerging Markets Quality Dividend Growth Fund Company Profile

The WisdomTree Emerging Markets Quality Dividend Growth Fund (DGRE) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed portfolio of dividend-paying emerging-market stocks with growth characteristics. The fund seeks income and capital appreciation. DGRE was launched on Aug 1, 2013 and is managed by WisdomTree.