WisdomTree U.S. SmallCap Quality Growth Fund (NASDAQ:QSML) Sees Large Increase in Short Interest

WisdomTree U.S. SmallCap Quality Growth Fund (NASDAQ:QSML) was the target of a significant growth in short interest in August. As of August 31st, there was short interest totaling 10,616 shares, a growth of 92.8% from the August 15th total of 5,505 shares. Based on an average trading volume of 3,853 shares, the short-interest ratio is currently 2.8 days. Currently, 3.0% of the shares of the stock are short sold.

WisdomTree U.S. SmallCap Quality Growth Fund Price Performance

Shares of NASDAQ QSML traded down $0.33 during mid-day trading on Tuesday, reaching $33.37. The company’s stock had a trading volume of 5,994 shares, compared to its average volume of 1,028. The stock has a fifty day moving average of $34.20 and a two-hundred day moving average of $31.59. The firm has a market capitalization of $11.68 million, a PE ratio of 15.16 and a beta of 1.06. WisdomTree U.S. SmallCap Quality Growth Fund has a 52 week low of $26.68 and a 52 week high of $35.37.

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

A hedge fund recently raised its stake in WisdomTree U.S. SmallCap Quality Growth Fund stock. Cetera Investment Advisers lifted its stake in WisdomTree U.S. SmallCap Quality Growth Fund (NASDAQ:QSML) by 2.7% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 260,896 shares of the company’s stock after buying an additional 6,923 shares during the quarter. Cetera Investment Advisers owned approximately 74.54% of WisdomTree U.S. SmallCap Quality Growth Fund worth $7,277,000 at the end of the most recent reporting period.

WisdomTree U.S. SmallCap Quality Growth Fund Company Profile

The WisdomTree U.S. SmallCap Quality Growth Fund (QSML) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks a market cap-weighted index of US small-cap growth companies that exhibit the strongest quality characteristics relative to their peers. QSML was launched on Jan 25, 2024 and is issued by WisdomTree.