WisdomTree U.S. MidCap Quality Growth Fund (NASDAQ:QMID) Shares Shorted: Short Interest Down 96.6% in September

WisdomTree U.S. MidCap Quality Growth Fund (NASDAQ:QMID) was the target of a significant drop in short interest in September. As of September 15th, there was short interest totaling 212 shares, a drop of 96.6% from the August 31st total of 6,295 shares. Based on an average daily trading volume, of 742 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.3% of the company’s stock are sold short.

Institutional Trading of WisdomTree U.S. MidCap Quality Growth Fund

A hedge fund recently raised its stake in WisdomTree U.S. MidCap Quality Growth Fund stock. Citadel Advisors LLC lifted its position in shares of WisdomTree U.S. MidCap Quality Growth Fund (NASDAQ:QMID) by 39.3% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 16,761 shares of the company’s stock after purchasing an additional 4,731 shares during the period. Citadel Advisors LLC owned about 20.95% of WisdomTree U.S. MidCap Quality Growth Fund worth $493,000 as of its most recent SEC filing.

WisdomTree U.S. MidCap Quality Growth Fund Stock Performance

Shares of NASDAQ:QMID traded up $0.11 during mid-day trading on Friday, hitting $29.11. 37 shares of the company traded hands, compared to its average volume of 902. The firm’s 50 day simple moving average is $30.04 and its 200 day simple moving average is $28.99. The firm has a market cap of $2.33 million, a P/E ratio of 20.68 and a beta of 0.90. WisdomTree U.S. MidCap Quality Growth Fund has a 52-week low of $26.33 and a 52-week high of $31.05.

WisdomTree U.S. MidCap Quality Growth Fund Company Profile

The WisdomTree U.S. MidCap Quality Growth Fund (QMID) is an exchange-traded fund that mostly invests in mid cap equity. The fund tracks a market cap-weighted index of US mid-cap growth companies that exhibit the strongest quality characteristics relative to their peers. QMID was launched on Jan 25, 2024 and is issued by WisdomTree.