WisdomTree Europe Quality Dividend Growth Fund (NYSEARCA:EUDG) Sees Significant Decrease in Short Interest

WisdomTree Europe Quality Dividend Growth Fund (NYSEARCA:EUDG) was the recipient of a large decrease in short interest during the month of October. As of October 30th, there was short interest totaling 7,265 shares, a decrease of 98.0% from the October 15th total of 368,145 shares. Based on an average trading volume of 3,668 shares, the days-to-cover ratio is currently 2.0 days. Approximately 0.4% of the company’s stock are sold short.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the business. Rothschild Investment LLC lifted its position in WisdomTree Europe Quality Dividend Growth Fund by 8.4% during the 3rd quarter. Rothschild Investment LLC now owns 4,014 shares of the company’s stock worth $151,000 after buying an additional 311 shares in the last quarter. HighTower Advisors LLC acquired a new position in shares of WisdomTree Europe Quality Dividend Growth Fund during the 3rd quarter worth about $7,953,000. Harbour Investments Inc. bought a new position in shares of WisdomTree Europe Quality Dividend Growth Fund in the 3rd quarter valued at about $2,550,000. Valmark Advisers Inc. bought a new position in shares of WisdomTree Europe Quality Dividend Growth Fund in the 3rd quarter valued at about $360,000. Finally, Kestra Advisory Services LLC grew its holdings in shares of WisdomTree Europe Quality Dividend Growth Fund by 7.6% in the 3rd quarter. Kestra Advisory Services LLC now owns 38,742 shares of the company’s stock valued at $1,458,000 after acquiring an additional 2,753 shares in the last quarter.

WisdomTree Europe Quality Dividend Growth Fund Price Performance

Shares of EUDG traded down $0.06 during mid-day trading on Tuesday, hitting $39.44. 8,604 shares of the company’s stock were exchanged, compared to its average volume of 6,159. WisdomTree Europe Quality Dividend Growth Fund has a 52 week low of $34.77 and a 52 week high of $40.59. The company has a market cap of $69.02 million, a PE ratio of 19.66 and a beta of 0.80. The company has a 50-day simple moving average of $38.28 and a 200 day simple moving average of $38.58.

WisdomTree Europe Quality Dividend Growth Fund Company Profile

The WisdomTree Europe Quality Dividend Growth Fund (EUDG) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of companies in developed Europe, selected for growth characteristics and weighted by total dividends paid. EUDG was launched on May 7, 2014 and is managed by WisdomTree.