WisdomTree China ex-State-Owned Enterprises Fund (NASDAQ:CXSE) Sees Large Drop in Short Interest

WisdomTree China ex-State-Owned Enterprises Fund (NASDAQ:CXSE) was the recipient of a large drop in short interest in February. As of February 15th, there was short interest totalling 5,100 shares, a drop of 64.8% from the January 31st total of 14,500 shares. Based on an average trading volume of 36,900 shares, the short-interest ratio is currently 0.1 days.

WisdomTree China ex-State-Owned Enterprises Fund Stock Performance

Shares of CXSE stock traded down $0.88 during mid-day trading on Friday, hitting $33.43. The company’s stock had a trading volume of 33,356 shares, compared to its average volume of 43,986. The company’s fifty day simple moving average is $30.96 and its 200-day simple moving average is $30.42. WisdomTree China ex-State-Owned Enterprises Fund has a 52 week low of $25.29 and a 52 week high of $39.71. The company has a market cap of $425.56 million, a PE ratio of 14.63 and a beta of 0.57.

WisdomTree China ex-State-Owned Enterprises Fund Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Monday, December 30th. Stockholders of record on Thursday, December 26th were given a $0.0891 dividend. The ex-dividend date was Thursday, December 26th.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in CXSE. Castlekeep Investment Advisors LLC bought a new position in shares of WisdomTree China ex-State-Owned Enterprises Fund in the 4th quarter worth about $32,637,000. Avaii Wealth Management LLC bought a new position in shares of WisdomTree China ex-State-Owned Enterprises Fund in the 4th quarter worth about $4,404,000. NewEdge Wealth LLC acquired a new stake in shares of WisdomTree China ex-State-Owned Enterprises Fund in the 4th quarter valued at about $3,073,000. Jane Street Group LLC grew its stake in shares of WisdomTree China ex-State-Owned Enterprises Fund by 50.1% in the 4th quarter. Jane Street Group LLC now owns 100,911 shares of the company’s stock valued at $3,015,000 after buying an additional 33,668 shares during the period. Finally, Susquehanna International Group LLP grew its stake in shares of WisdomTree China ex-State-Owned Enterprises Fund by 18.7% in the 4th quarter. Susquehanna International Group LLP now owns 135,064 shares of the company’s stock valued at $4,036,000 after buying an additional 21,231 shares during the period.

WisdomTree China ex-State-Owned Enterprises Fund Company Profile

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.