WisdomTree U.S. SmallCap Quality Dividend Growth Fund (NASDAQ:DGRS) Short Interest Up 107.7% in April

WisdomTree U.S. SmallCap Quality Dividend Growth Fund (NASDAQ:DGRS) was the target of a significant growth in short interest in April. As of April 15th, there was short interest totalling 5,400 shares, a growth of 107.7% from the March 31st total of 2,600 shares. Based on an average daily volume of 24,200 shares, the short-interest ratio is presently 0.2 days.

Hedge Funds Weigh In On WisdomTree U.S. SmallCap Quality Dividend Growth Fund

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. ICA Group Wealth Management LLC acquired a new position in WisdomTree U.S. SmallCap Quality Dividend Growth Fund in the fourth quarter valued at approximately $28,000. Harbor Investment Advisory LLC boosted its stake in WisdomTree U.S. SmallCap Quality Dividend Growth Fund by 37.7% in the fourth quarter. Harbor Investment Advisory LLC now owns 21,399 shares of the company’s stock valued at $1,015,000 after acquiring an additional 5,860 shares during the period. LVM Capital Management Ltd. MI boosted its stake in WisdomTree U.S. SmallCap Quality Dividend Growth Fund by 10.9% in the fourth quarter. LVM Capital Management Ltd. MI now owns 109,255 shares of the company’s stock valued at $5,183,000 after acquiring an additional 10,700 shares during the period. Creative Financial Designs Inc. ADV boosted its stake in WisdomTree U.S. SmallCap Quality Dividend Growth Fund by 38.1% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 2,453 shares of the company’s stock valued at $116,000 after acquiring an additional 677 shares during the period. Finally, Sunbelt Securities Inc. boosted its stake in WisdomTree U.S. SmallCap Quality Dividend Growth Fund by 55.9% in the third quarter. Sunbelt Securities Inc. now owns 912 shares of the company’s stock valued at $38,000 after acquiring an additional 327 shares during the period.

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

NASDAQ:DGRS traded up $0.14 during mid-day trading on Friday, reaching $47.52. The stock had a trading volume of 10,890 shares, compared to its average volume of 26,611. The stock’s 50 day simple moving average is $47.79 and its two-hundred day simple moving average is $45.35. WisdomTree U.S. SmallCap Quality Dividend Growth Fund has a 1-year low of $38.46 and a 1-year high of $49.99. The company has a market capitalization of $336.92 million, a price-to-earnings ratio of 11.77 and a beta of 1.12.

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

The business also recently announced a monthly dividend, which will be paid on Monday, April 29th. Shareholders of record on Thursday, April 25th will be paid a $0.08 dividend. The ex-dividend date of this dividend is Wednesday, April 24th. This represents a $0.96 dividend on an annualized basis and a yield of 2.02%.

WisdomTree U.S. SmallCap Quality Dividend Growth Fund Company Profile

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.