Short Interest in WisdomTree China ex-State-Owned Enterprises Fund (NASDAQ:CXSE) Declines By 55.1%

WisdomTree China ex-State-Owned Enterprises Fund (NASDAQ:CXSE) was the target of a significant drop in short interest in November. As of November 30th, there was short interest totalling 3,100 shares, a drop of 55.1% from the November 15th total of 6,900 shares. Based on an average daily trading volume, of 57,200 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Trading of WisdomTree China ex-State-Owned Enterprises Fund

A hedge fund recently bought a new stake in WisdomTree China ex-State-Owned Enterprises Fund stock. Foundations Investment Advisors LLC bought a new stake in WisdomTree China ex-State-Owned Enterprises Fund (NASDAQ:CXSE) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 32,509 shares of the company’s stock, valued at approximately $862,000. Foundations Investment Advisors LLC owned 0.25% of WisdomTree China ex-State-Owned Enterprises Fund as of its most recent SEC filing.

WisdomTree China ex-State-Owned Enterprises Fund Trading Down 1.6 %

CXSE stock traded down $0.50 during mid-day trading on Friday, hitting $30.83. 25,834 shares of the company were exchanged, compared to its average volume of 62,716. The firm has a fifty day simple moving average of $31.98 and a 200 day simple moving average of $29.02. The company has a market capitalization of $406.96 million, a PE ratio of 14.63 and a beta of 0.57. WisdomTree China ex-State-Owned Enterprises Fund has a twelve month low of $23.29 and a twelve month high of $39.71.

WisdomTree China ex-State-Owned Enterprises Fund Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, September 27th. Investors of record on Wednesday, September 25th were paid a $0.135 dividend. The ex-dividend date was Wednesday, September 25th.

About WisdomTree China ex-State-Owned Enterprises Fund

The WisdomTree China ex-State-Owned Enterprises Fund (CXSE) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market-cap-weighted index of Chinese companies that are not state-owned, defined as government ownership of less than 20%. CXSE was launched on Sep 19, 2012 and is managed by WisdomTree.