Short Interest in WisdomTree U.S. Quality Growth Fund (NYSEARCA:QGRW) Rises By 84.2%

WisdomTree U.S. Quality Growth Fund (NYSEARCA:QGRW) saw a significant increase in short interest in the month of July. As of July 31st, there was short interest totaling 120,149 shares, an increase of 84.2% from the July 15th total of 65,228 shares. Currently, 0.3% of the shares of the company are short sold. Based on an average daily volume of 259,586 shares, the short-interest ratio is presently 0.5 days.

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

Several institutional investors and hedge funds have recently modified their holdings of QGRW. Waverly Advisors LLC acquired a new position in shares of WisdomTree U.S. Quality Growth Fund during the 1st quarter worth approximately $29,000. Qube Research & Technologies Ltd acquired a new stake in WisdomTree U.S. Quality Growth Fund during the third quarter worth approximately $34,000. EFG International AG acquired a new stake in WisdomTree U.S. Quality Growth Fund during the fourth quarter worth approximately $35,000. CENTRAL TRUST Co bought a new position in WisdomTree U.S. Quality Growth Fund during the 4th quarter worth $41,000. Finally, Farther Finance Advisors LLC acquired a new position in WisdomTree U.S. Quality Growth Fund in the 4th quarter valued at $75,000.

WisdomTree U.S. Quality Growth Fund Price Performance

QGRW traded down $0.32 during trading on Friday, hitting $68.42. The stock had a trading volume of 143,018 shares, compared to its average volume of 327,861. The company has a 50 day moving average price of $65.59 and a 200-day moving average price of $61.55. The firm has a market cap of $2.89 billion, a price-to-earnings ratio of 36.83 and a beta of 1.32. WisdomTree U.S. Quality Growth Fund has a one year low of $50.94 and a one year high of $69.00.

WisdomTree U.S. Quality Growth Fund Company Profile

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.