WisdomTree U.S. Quality Growth Fund (NYSEARCA:QGRW) Sees Large Drop in Short Interest

WisdomTree U.S. Quality Growth Fund (NYSEARCA:QGRWGet Free Report) saw a significant decrease in short interest during the month of May. As of May 15th, there was short interest totaling 39,824 shares, a decrease of 62.7% from the April 30th total of 106,768 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 366,422 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Trading of WisdomTree U.S. Quality Growth Fund

Institutional investors have recently added to or reduced their stakes in the stock. Waverly Advisors LLC acquired a new position in WisdomTree U.S. Quality Growth Fund during the first quarter worth $29,000. Qube Research & Technologies Ltd acquired a new stake in shares of WisdomTree U.S. Quality Growth Fund in the third quarter valued at $34,000. EFG International AG purchased a new stake in shares of WisdomTree U.S. Quality Growth Fund in the 4th quarter valued at $35,000. CENTRAL TRUST Co acquired a new position in WisdomTree U.S. Quality Growth Fund during the 4th quarter worth about $41,000. Finally, Golden State Wealth Management LLC lifted its stake in WisdomTree U.S. Quality Growth Fund by 148.5% during the 3rd quarter. Golden State Wealth Management LLC now owns 1,111 shares of the company’s stock worth $64,000 after acquiring an additional 664 shares in the last quarter.

WisdomTree U.S. Quality Growth Fund Price Performance

Shares of QGRW opened at $67.69 on Friday. The firm has a 50-day simple moving average of $60.23 and a two-hundred day simple moving average of $58.83. The stock has a market cap of $2.51 billion, a PE ratio of 36.83 and a beta of 1.29. WisdomTree U.S. Quality Growth Fund has a 1-year low of $48.43 and a 1-year high of $67.89.

WisdomTree U.S. Quality Growth Fund Company Profile

(Get Free Report)

The Wisdomtree U.S. Quality Growth Fund (QGRW) is an exchange-traded fund that is based on the WisdomTree U.S. Quality Growth index. The fund tracks a market cap-weighted index of 100 large-cap growth companies in the US that exhibit the strongest quality characteristics relative to their peers. QGRW was launched on Dec 15, 2022 and is managed by WisdomTree.

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