WisdomTree U.S. SmallCap Quality Dividend Growth Fund (NASDAQ:DGRS) Sees Short Interest Drop Significantly in January

The WisdomTree U.S. SmallCap Quality Dividend Growth Fund (NASDAQ:DGRS) experienced a notable decline in short interest in January. By January 31st, the short interest had fallen to 13,900 shares, reflecting a substantial 61.6% decrease from the 36,200 shares reported on January 15th. Given the average daily trading volume of 54,600 shares, this translates to a short-interest ratio of just 0.3 days.

Recent Trading Activity for DGRS

During trading on Thursday, shares of NASDAQ DGRS increased by 1.0%, rising by $0.51 to reach $51.10. The total volume of shares traded for the day was 19,443, which is below the average of 62,346. Over the past year, DGRS has seen a low of $46.00 and a high of $57.15. The fund's fifty-day simple moving average stands at $51.91, while the 200-day simple moving average is $51.62. At present, the fund has a market capitalization of $457.35 million, with a price-to-earnings (P/E) ratio of 12.00 and a beta of 1.12.

Dividend Announcements

The WisdomTree U.S. SmallCap Quality Dividend Growth Fund recently declared a dividend that was issued on January 30th. This dividend, amounting to $0.0062, was paid to investors who were on record as of January 28th. The ex-dividend date was also January 28th.

Activities of Institutional Investors

In recent months, various institutional investors and hedge funds have been adjusting their positions in DGRS. For example, Princeton Global Asset Management LLC raised its investment in the fund by 23.9% during the third quarter, now holding 21,002 shares valued at approximately $1,082,000 after buying an additional 4,054 shares. Similarly, United Advisor Group LLC increased its stake by 27.8% in the same quarter, now owning 70,181 shares valued at $3,616,000 after acquiring 15,251 shares. Additionally, Sunbelt Securities Inc. boosted its holdings by 64.8%, now holding 5,925 shares worth $305,000.

In the fourth quarter, ORG Partners LLC made a new investment in the fund estimated at about $40,000. Meanwhile, LVM Capital Management Ltd. MI raised its stake by 5.7% during the fourth quarter, now owning 135,035 shares valued at around $6,918,000 following the purchase of an additional 7,302 shares.

About the Fund

The WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS) is an exchange-traded fund that primarily invests in small-cap stocks. The fund is designed to follow a dividend-weighted index comprising U.S. small-cap companies with growth characteristics. Launched on July 25, 2013, the fund is managed by WisdomTree.

WisdomTree, Investment, Stocks