Short Interest in WisdomTree U.S. SmallCap Quality Growth Fund (NASDAQ:QSML) Drops By 82.4%

WisdomTree U.S. SmallCap Quality Growth Fund (NASDAQ:QSML) was the target of a significant drop in short interest during the month of March. As of March 15th, there was short interest totalling 300 shares, a drop of 82.4% from the February 28th total of 1,700 shares. Based on an average trading volume of 1,300 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the company’s shares are short sold.

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

A hedge fund recently raised its stake in WisdomTree U.S. SmallCap Quality Growth Fund stock. Cetera Investment Advisers lifted its holdings in WisdomTree U.S. SmallCap Quality Growth Fund (NASDAQ:QSML) by 33.1% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 198,208 shares of the company’s stock after purchasing an additional 49,308 shares during the period. Cetera Investment Advisers owned approximately 70.79% of WisdomTree U.S. SmallCap Quality Growth Fund worth $5,441,000 at the end of the most recent reporting period.

WisdomTree U.S. SmallCap Quality Growth Fund Price Performance

Shares of QSML stock traded down $0.12 during trading hours on Friday, hitting $25.00. The company had a trading volume of 100 shares, compared to its average volume of 1,019. WisdomTree U.S. SmallCap Quality Growth Fund has a fifty-two week low of $24.00 and a fifty-two week high of $29.99. The company’s fifty day moving average is $26.73 and its 200 day moving average is $27.33. The stock has a market capitalization of $7 million, a PE ratio of 16.43 and a beta of 1.27.

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.