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

WisdomTree U.S. Quality Growth Fund (NYSEARCA:QGRW) saw a large increase in short interest during the month of March. As of March 31st, there was short interest totaling 61,838 shares, an increase of 191.2% from the March 15th total of 21,232 shares. Based on an average daily volume of 191,086 shares, the short-interest ratio is presently 0.3 days. Currently, 0.2% of the shares of the company are sold short.

Institutional Investors Weigh In On WisdomTree U.S. Quality Growth Fund

Large investors have recently modified their holdings of the stock. Qube Research & Technologies Ltd bought a new position in WisdomTree U.S. Quality Growth Fund in the 3rd quarter worth approximately $34,000. EFG International AG bought a new position in WisdomTree U.S. Quality Growth Fund in the 4th quarter worth approximately $35,000. Private Trust Co. NA bought a new position in WisdomTree U.S. Quality Growth Fund in the 3rd quarter worth approximately $41,000. CENTRAL TRUST Co bought a new position in WisdomTree U.S. Quality Growth Fund in the 4th quarter worth approximately $41,000. Finally, JNBA Financial Advisors boosted its holdings in WisdomTree U.S. Quality Growth Fund by 58.9% in the 3rd quarter. JNBA Financial Advisors now owns 834 shares of the company’s stock worth $48,000 after buying an additional 309 shares during the period.

WisdomTree U.S. Quality Growth Fund Trading Up 0.3%

Shares of QGRW stock traded up $0.15 during trading hours on Friday, hitting $56.73. 183,868 shares of the company were exchanged, compared to its average volume of 365,189. The firm has a fifty day simple moving average of $55.96 and a 200 day simple moving average of $57.65. WisdomTree U.S. Quality Growth Fund has a 52-week low of $39.98 and a 52-week high of $60.76. The stock has a market capitalization of $2.06 billion, a price-to-earnings ratio of 36.83 and a beta of 1.26.

About WisdomTree U.S. Quality Growth Fund

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.