WisdomTree China ex-State-Owned Enterprises Fund (NASDAQ:CXSE) Short Interest Update

WisdomTree China ex-State-Owned Enterprises Fund (NASDAQ:CXSE) was the recipient of a significant drop in short interest in 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 daily volume of 54,700 shares, the days-to-cover ratio is currently 0.1 days.

Hedge Funds Weigh In On WisdomTree China ex-State-Owned Enterprises Fund

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Foundations Investment Advisors LLC bought a new position in shares of WisdomTree China ex-State-Owned Enterprises Fund during the 2nd quarter worth approximately $862,000. Flow Traders U.S. LLC grew its holdings in WisdomTree China ex-State-Owned Enterprises Fund by 41.5% in the third 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. Finally, Jane Street Group LLC increased its stake in WisdomTree China ex-State-Owned Enterprises Fund by 384.4% in the first 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 in the last quarter.

WisdomTree China ex-State-Owned Enterprises Fund Price Performance

NASDAQ CXSE traded up $0.86 on Wednesday, reaching $30.61. The company had a trading volume of 39,231 shares, compared to its average volume of 64,440. The firm has a market cap of $404.07 million, a price-to-earnings ratio of 14.63 and a beta of 0.57. WisdomTree China ex-State-Owned Enterprises Fund has a fifty-two week low of $23.29 and a fifty-two week high of $39.71. The business has a 50 day moving average of $32.07 and a two-hundred day moving average of $28.88.

WisdomTree China ex-State-Owned Enterprises Fund Cuts Dividend

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