Short Interest in WisdomTree China ex-State-Owned Enterprises Fund (NASDAQ:CXSE) Drops By 47.3%

WisdomTree China ex-State-Owned Enterprises Fund (NASDAQ:CXSE) was the recipient of a large decrease in short interest in March. As of March 15th, there was short interest totalling 3,900 shares, a decrease of 47.3% from the February 28th total of 7,400 shares. Based on an average trading volume of 42,300 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the company’s stock are sold short.

WisdomTree China ex-State-Owned Enterprises Fund Stock Down 1.8 %

Shares of CXSE stock traded down $0.62 during mid-day trading on Friday, reaching $34.15. 21,850 shares of the company’s stock traded hands, compared to its average volume of 43,775. WisdomTree China ex-State-Owned Enterprises Fund has a 12 month low of $25.29 and a 12 month high of $39.71. The company has a market cap of $434.73 million, a P/E ratio of 19.14 and a beta of 0.57. The company’s 50-day moving average price is $33.12 and its 200-day moving average price is $31.66.

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

Institutional investors have recently made changes to their positions in the company. Flow Traders U.S. LLC grew its position in WisdomTree China ex-State-Owned Enterprises Fund by 41.5% in the 3rd quarter. Flow Traders U.S. LLC now owns 53,133 shares of the company’s stock worth $1,761,000 after purchasing an additional 15,583 shares during the period. Avaii Wealth Management LLC bought a new stake in shares of WisdomTree China ex-State-Owned Enterprises Fund in the fourth quarter worth about $4,404,000. Avestar Capital LLC bought a new position in WisdomTree China ex-State-Owned Enterprises Fund during the fourth quarter valued at $598,000. NewEdge Wealth LLC purchased a new position in shares of WisdomTree China ex-State-Owned Enterprises Fund in the 4th quarter worth approximately $3,073,000. Finally, SBI Securities Co. Ltd. bought a new position in WisdomTree China ex-State-Owned Enterprises Fund during the fourth quarter valued at $477,000.

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.