WisdomTree Emerging Markets Quality Dividend Growth Fund (NASDAQ:DGRE) Short Interest Up 262.5% in March

WisdomTree Emerging Markets Quality Dividend Growth Fund (NASDAQ:DGRE) was the recipient of a large increase in short interest in March. As of March 15th, there was short interest totalling 2,900 shares, an increase of 262.5% from the February 28th total of 800 shares. Based on an average daily volume of 25,000 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.1% of the shares of the stock are sold short.

WisdomTree Emerging Markets Quality Dividend Growth Fund Stock Up 0.6 %

Shares of NASDAQ:DGRE traded up $0.15 during midday trading on Thursday, reaching $24.82. The company’s stock had a trading volume of 9,928 shares, compared to its average volume of 18,180. WisdomTree Emerging Markets Quality Dividend Growth Fund has a 1 year low of $23.80 and a 1 year high of $28.46. The business has a 50 day moving average price of $24.82 and a 200 day moving average price of $25.80. The firm has a market cap of $131.52 million, a price-to-earnings ratio of 15.77 and a beta of 0.78.

WisdomTree Emerging Markets Quality Dividend Growth Fund Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Wednesday, March 26th will be given a $0.095 dividend. This represents a $0.38 annualized dividend and a yield of 1.53%. The ex-dividend date of this dividend is Wednesday, March 26th.

Hedge Funds Weigh In On WisdomTree Emerging Markets Quality Dividend Growth Fund

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. OLD Mission Capital LLC purchased a new position in WisdomTree Emerging Markets Quality Dividend Growth Fund in the 4th quarter valued at about $2,431,000. Strive Asset Management LLC acquired a new position in WisdomTree Emerging Markets Quality Dividend Growth Fund in the fourth quarter valued at approximately $1,549,000. Exchange Capital Management Inc. increased its position in WisdomTree Emerging Markets Quality Dividend Growth Fund by 14.7% in the fourth quarter. Exchange Capital Management Inc. now owns 33,691 shares of the company’s stock worth $843,000 after buying an additional 4,317 shares during the period. Finally, SBI Securities Co. Ltd. acquired a new position in WisdomTree Emerging Markets Quality Dividend Growth Fund during the 4th quarter valued at about $70,000.

About WisdomTree Emerging Markets Quality Dividend Growth Fund

The WisdomTree Emerging Markets Quality Dividend Growth Fund (DGRE) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed portfolio of dividend-paying emerging-market stocks with growth characteristics. The fund seeks income and capital appreciation. DGRE was launched on Aug 1, 2013 and is managed by WisdomTree.