WisdomTree U.S. Quality Growth Fund (NYSEARCA:QGRW) Stock Short Interest Climbs 113.2%

WisdomTree U.S. Quality Growth Fund (NYSEARCA:QGRW) saw a significant increase in short interest in October. As of October 15th, there was short interest totaling 210,685 shares, an increase of 113.2% from the September 30th total of 98,805 shares. Approximately 0.4% of the company’s stock are sold short. Based on an average trading volume of 350,555 shares, the short-interest ratio is currently 0.6 days.

Institutional Investors Weigh In On WisdomTree U.S. Quality Growth Fund

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. MGO One Seven LLC boosted its holdings in WisdomTree U.S. Quality Growth Fund by 0.3% during the 3rd quarter. MGO One Seven LLC now owns 60,087 shares of the company’s stock worth $4,127,000 after acquiring an additional 192 shares during the last quarter. Tempus Wealth Planning LLC lifted its position in shares of WisdomTree U.S. Quality Growth Fund by 5.3% during the third quarter. Tempus Wealth Planning LLC now owns 4,864 shares of the company’s stock valued at $334,000 after purchasing an additional 247 shares in the last quarter. ZEGA Investments LLC lifted its position in shares of WisdomTree U.S. Quality Growth Fund by 8.6% during the second quarter. ZEGA Investments LLC now owns 5,694 shares of the company’s stock valued at $376,000 after purchasing an additional 451 shares in the last quarter. NewEdge Advisors LLC lifted its position in shares of WisdomTree U.S. Quality Growth Fund by 10.5% during the second quarter. NewEdge Advisors LLC now owns 5,090 shares of the company’s stock valued at $336,000 after purchasing an additional 484 shares in the last quarter. Finally, WealthPoint Financial LLC boosted its holdings in WisdomTree U.S. Quality Growth Fund by 5.7% during the first quarter. WealthPoint Financial LLC now owns 9,449 shares of the company’s stock worth $505,000 after purchasing an additional 512 shares during the last quarter.

WisdomTree U.S. Quality Growth Fund Trading Down 2.8%

Shares of QGRW traded down $1.84 on Friday, reaching $64.56. The company’s stock had a trading volume of 314,593 shares, compared to its average volume of 315,943. WisdomTree U.S. Quality Growth Fund has a twelve month low of $50.94 and a twelve month high of $71.12. The stock has a market capitalization of $3.14 billion, a PE ratio of 36.83 and a beta of 1.31. The firm has a fifty day moving average of $67.86 and a 200-day moving average of $63.13.

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.