WisdomTree U.S. SmallCap Quality Growth Fund (NASDAQ:QSML) Stock Short Interest Drops 63.0%

WisdomTree U.S. SmallCap Quality Growth Fund (NASDAQ:QSML) saw a large decrease in short interest in September. As of September 15th, there was short interest totaling 3,924 shares, a decrease of 63.0% from the August 31st total of 10,616 shares. Currently, 1.0% of the company’s shares are sold short. Based on an average daily trading volume, of 2,731 shares, the days-to-cover ratio is currently 1.4 days.

WisdomTree U.S. SmallCap Quality Growth Fund Price Performance

Shares of QSML stock traded up $0.02 during trading on Tuesday, hitting $32.53. 417 shares of the stock traded hands, compared to its average volume of 1,029. WisdomTree U.S. SmallCap Quality Growth Fund has a 52-week low of $26.68 and a 52-week high of $35.37. The firm has a market capitalization of $12.36 million, a P/E ratio of 15.16 and a beta of 1.06. The firm’s fifty day moving average price is $34.07 and its 200-day moving average price is $31.86.

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

An institutional investor recently raised its position in WisdomTree U.S. SmallCap Quality Growth Fund stock. Cetera Investment Advisers boosted its holdings in shares of WisdomTree U.S. SmallCap Quality Growth Fund (NASDAQ:QSML) by 2.7% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 260,896 shares of the company’s stock after buying an additional 6,923 shares during the quarter. Cetera Investment Advisers owned 74.54% of WisdomTree U.S. SmallCap Quality Growth Fund worth $7,277,000 as of its most recent SEC filing.

About WisdomTree U.S. SmallCap Quality Growth Fund

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