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 - Get Free Report) was the target of a significant increase in short interest in March. As of March 31st, there was short interest totalling 31,000 shares, an increase of 31.9% from the March 15th total of 23,500 shares. Based on an average trading volume of 57,800 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.4% of the company's stock are short sold.

WisdomTree U.S. SmallCap Quality Dividend Growth Fund Stock Up 0.6 %

DGRS traded up $0.25 during midday trading on Thursday, hitting $43.32. The company had a trading volume of 6,615 shares, compared to its average volume of 41,172. The stock's 50 day moving average price is $46.28 and its 200 day moving average price is $50.33. WisdomTree U.S. SmallCap Quality Dividend Growth Fund has a 52 week low of $40.14 and a 52 week high of $57.15. The company has a market capitalization of $353.06 million, a price-to-earnings ratio of 12.28 and a beta of 1.12.

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

The company also recently declared a monthly dividend, which was paid on Friday, March 28th. Investors of record on Wednesday, March 26th were paid a dividend of $0.205 per share. This is an increase from WisdomTree U.S. SmallCap Quality Dividend Growth Fund's previous monthly dividend of $0.04. This represents a $2.46 dividend on an annualized basis and a yield of 5.68%. The ex-dividend date of this dividend was Wednesday, March 26th.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in DGRS. LVM Capital Management Ltd. MI raised its position in shares of WisdomTree U.S. SmallCap Quality Dividend Growth Fund by 0.9% during the first quarter. LVM Capital Management Ltd. MI now owns 136,317 shares of the company's stock worth $6,339,000 after purchasing an additional 1,282 shares during the period. Princeton Global Asset Management LLC raised its holdings in WisdomTree U.S. SmallCap Quality Dividend Growth Fund by 6.9% during the fourth quarter. Princeton Global Asset Management LLC now owns 22,455 shares of the company's stock worth $1,150,000 after buying an additional 1,453 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in shares of WisdomTree U.S. SmallCap Quality Dividend Growth Fund by 13.8% in the fourth 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 in the last quarter. 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. Finally, Janney Montgomery Scott LLC bought a new stake in shares of WisdomTree U.S. SmallCap Quality Dividend Growth Fund during the fourth quarter worth about $207,000.

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.