WisdomTree Europe Quality Dividend Growth Fund (NYSEARCA:EUDG) Sees Large Increase in Short Interest

WisdomTree Europe Quality Dividend Growth Fund (NYSEARCA:EUDG) saw a significant growth in short interest in the month of June. As of June 15th, there was short interest totaling 4,529 shares, a growth of 95.4% from the May 31st total of 2,318 shares. Based on an average daily volume of 5,049 shares, the days-to-cover ratio is presently 0.9 days. Currently, 0.2% of the shares of the company are short sold.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Raymond James Financial Inc. grew its stake in shares of WisdomTree Europe Quality Dividend Growth Fund by 4.0% in the third quarter. Raymond James Financial Inc. now owns 270,448 shares of the company’s stock worth $9,523,000 after purchasing an additional 10,423 shares in the last quarter. HighTower Advisors LLC lifted its holdings in WisdomTree Europe Quality Dividend Growth Fund by 3.0% in the fourth quarter. HighTower Advisors LLC now owns 151,311 shares of the company’s stock worth $5,678,000 after purchasing an additional 4,368 shares during the period. Thrivent Financial for Lutherans acquired a new stake in WisdomTree Europe Quality Dividend Growth Fund in the fourth quarter worth about $4,637,000. Harbour Investments Inc. grew its position in WisdomTree Europe Quality Dividend Growth Fund by 9.3% in the 4th quarter. Harbour Investments Inc. now owns 58,728 shares of the company’s stock valued at $2,204,000 after buying an additional 4,977 shares in the last quarter. Finally, Kestra Advisory Services LLC grew its position in WisdomTree Europe Quality Dividend Growth Fund by 17.4% in the 1st quarter. Kestra Advisory Services LLC now owns 35,467 shares of the company’s stock valued at $1,291,000 after buying an additional 5,254 shares in the last quarter.

WisdomTree Europe Quality Dividend Growth Fund Price Performance

Shares of NYSEARCA EUDG traded down $0.28 during midday trading on Wednesday, hitting $38.59. 2,142 shares of the company’s stock were exchanged, compared to its average volume of 7,899. The stock’s 50 day moving average price is $38.40 and its 200-day moving average price is $38.23. The firm has a market cap of $71.38 million, a P/E ratio of 19.60 and a beta of 0.81. WisdomTree Europe Quality Dividend Growth Fund has a twelve month low of $33.02 and a twelve month high of $40.48.

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.