Short Interest in WisdomTree China ex-State-Owned Enterprises Fund (NASDAQ:CXSE) Declines By 92.5%

WisdomTree China ex-State-Owned Enterprises Fund (NASDAQ:CXSEGet Free Report) was the recipient of a significant drop in short interest during the month of November. As of November 15th, there was short interest totalling 6,900 shares, a drop of 92.5% from the October 31st total of 91,600 shares. Based on an average trading volume of 54,700 shares, the short-interest ratio is currently 0.1 days.

WisdomTree China ex-State-Owned Enterprises Fund Stock Performance

Shares of NASDAQ:CXSE traded up $0.86 during mid-day trading on Thursday, reaching $30.61. 39,231 shares of the company’s stock were exchanged, compared to its average volume of 64,440. WisdomTree China ex-State-Owned Enterprises Fund has a twelve month low of $23.29 and a twelve month high of $39.71. The firm has a market capitalization of $404.07 million, a price-to-earnings ratio of 14.63 and a beta of 0.57. The business’s fifty day moving average price is $32.16 and its 200-day moving average price is $28.89.

WisdomTree China ex-State-Owned Enterprises Fund Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, September 27th. Shareholders of record on Wednesday, September 25th were issued a dividend of $0.135 per share. The ex-dividend date of this dividend was Wednesday, September 25th.

Institutional Investors Weigh In On WisdomTree China ex-State-Owned Enterprises Fund

A number of institutional investors have recently made changes to their positions in CXSE. Flow Traders U.S. LLC raised its position in shares of WisdomTree China ex-State-Owned Enterprises Fund by 41.5% during the third quarter. Flow Traders U.S. LLC now owns 53,133 shares of the company’s stock worth $1,761,000 after acquiring an additional 15,583 shares during the last quarter. Foundations Investment Advisors LLC bought a new stake in WisdomTree China ex-State-Owned Enterprises Fund in the second quarter valued at approximately $862,000. Finally, Jane Street Group LLC increased its position in WisdomTree China ex-State-Owned Enterprises Fund by 384.4% during the 1st quarter. Jane Street Group LLC now owns 424,420 shares of the company’s stock valued at $11,196,000 after purchasing an additional 336,807 shares during the period.

WisdomTree China ex-State-Owned Enterprises Fund Company Profile

(Get Free Report)

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.

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