WisdomTree U.S. SmallCap Quality Growth Fund (NASDAQ:QSML) Sees Large Increase in Short Interest

WisdomTree U.S. SmallCap Quality Growth Fund (NASDAQ:QSML) was the recipient of a large increase in short interest in March. As of March 31st, there was short interest totalling 600 shares, an increase of 100.0% from the March 15th total of 300 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily volume of 1,600 shares, the days-to-cover ratio is presently 0.4 days.

WisdomTree U.S. SmallCap Quality Growth Fund Price Performance

QSML stock traded up $0.20 on Friday, reaching $22.67. 135 shares of the company traded hands, compared to its average volume of 1,559. The firm has a fifty day simple moving average of $24.95 and a 200-day simple moving average of $26.93. The company has a market cap of $7.25 million, a P/E ratio of 15.20 and a beta of 1.27. WisdomTree U.S. SmallCap Quality Growth Fund has a one year low of $21.27 and a one year high of $29.99.

Hedge Funds 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 raised its position in shares of WisdomTree U.S. SmallCap Quality Growth Fund (NASDAQ:QSML) by 33.1% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 198,208 shares of the company’s stock after purchasing an additional 49,308 shares during the quarter. Cetera Investment Advisers owned 70.79% of WisdomTree U.S. SmallCap Quality Growth Fund worth $5,441,000 at the end of the most recent quarter.

WisdomTree U.S. SmallCap Quality Growth Fund Company Profile

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.