WisdomTree U.S. Quality Growth Fund (NYSEARCA:QGRW) Shares Shorted: Short Interest Up 122.4% in September

WisdomTree U.S. Quality Growth Fund (NYSEARCA:QGRW – Get Free Report) saw a significant increase in short interest in the month of September. As of September 30th, there was short interest totaling 98,805 shares, an increase of 122.4% from the September 15th total of 44,432 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average daily trading volume, of 307,439 shares, the short-interest ratio is presently 0.3 days.

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

Institutional investors have recently modified their holdings of the company. Waverly Advisors LLC acquired a new position in shares of WisdomTree U.S. Quality Growth Fund in the first quarter worth $29,000. Ameritas Advisory Services LLC purchased a new stake in WisdomTree U.S. Quality Growth Fund during the 2nd quarter worth about $63,000. Polaris Financial Partners purchased a new stake in WisdomTree U.S. Quality Growth Fund during the 3rd quarter worth about $82,000. IFP Advisors Inc increased its position in WisdomTree U.S. Quality Growth Fund by 563.7% during the 2nd quarter. IFP Advisors Inc now owns 1,334 shares of the company’s stock worth $88,000 after purchasing an additional 1,133 shares in the last quarter. Finally, Markowski Investments acquired a new position in WisdomTree U.S. Quality Growth Fund in the 2nd quarter valued at about $101,000.

WisdomTree U.S. Quality Growth Fund Stock Performance

Shares of QGRW opened at $70.06 on Tuesday. The firm has a 50-day simple moving average of $68.01 and a 200-day simple moving average of $64.76. WisdomTree U.S. Quality Growth Fund has a fifty-two week low of $50.94 and a fifty-two week high of $71.12. The company has a market capitalization of $3.29 billion, a price-to-earnings ratio of 36.83 and a beta of 1.31.

About WisdomTree U.S. Quality Growth Fund

(Get Free Report)

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.

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