Short Interest in WisdomTree U.S. MidCap Quality Growth Fund (NASDAQ:QMID) Grows By 634.5%

WisdomTree U.S. MidCap Quality Growth Fund (NASDAQ:QMID) was the target of a large increase in short interest in the month of May. As of May 29th, there was short interest totaling 6,082 shares, an increase of 634.5% from the May 14th total of 828 shares. Based on an average daily volume of 5,433 shares, the days-to-cover ratio is presently 1.1 days. Currently, 7.6% of the shares of the stock are sold short.

WisdomTree U.S. MidCap Quality Growth Fund Stock Performance

NASDAQ QMID traded down $0.09 during trading hours on Wednesday, hitting $28.78. The company had a trading volume of 133 shares, compared to its average volume of 1,243. WisdomTree U.S. MidCap Quality Growth Fund has a 52 week low of $26.09 and a 52 week high of $29.47. The firm has a 50 day simple moving average of $28.34 and a 200 day simple moving average of $28.50. The firm has a market capitalization of $2.30 million, a price-to-earnings ratio of 20.68 and a beta of 0.93.

WisdomTree U.S. MidCap Quality Growth Fund Company Profile

The WisdomTree U.S. MidCap Quality Growth Fund (QMID) is an exchange-traded fund that mostly invests in mid cap equity. The fund tracks a market cap-weighted index of US mid-cap growth companies that exhibit the strongest quality characteristics relative to their peers. QMID was launched on Jan 25, 2024 and is issued by WisdomTree.