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

WisdomTree China ex-State-Owned Enterprises Fund (NASDAQ:CXSE) was the target of a significant drop in short interest in the month of October. As of October 31st, there was short interest totalling 91,600 shares, a drop of 59.3% from the October 15th total of 225,000 shares. Based on an average trading volume of 47,300 shares, the short-interest ratio is currently 1.9 days.

WisdomTree China ex-State-Owned Enterprises Fund Stock Down 1.9 %

CXSE traded down $0.61 during trading on Thursday, hitting $30.92. The company’s stock had a trading volume of 374,425 shares, compared to its average volume of 65,878. WisdomTree China ex-State-Owned Enterprises Fund has a one year low of $23.29 and a one year high of $39.71. The firm has a market cap of $408.14 million, a PE ratio of 14.63 and a beta of 0.57. The business’s 50 day simple moving average is $31.23 and its 200-day simple moving average is $28.76.

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 given a dividend of $0.135 per share. The ex-dividend date of this dividend was Wednesday, September 25th.

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

Several institutional investors and hedge funds have recently modified their holdings of CXSE. Flow Traders U.S. LLC grew its stake in 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 valued at $1,761,000 after acquiring an additional 15,583 shares in the last quarter. Foundations Investment Advisors LLC purchased a new position in shares of WisdomTree China ex-State-Owned Enterprises Fund during the 2nd quarter worth about $862,000. Jane Street Group LLC lifted its holdings 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 buying an additional 336,807 shares in the last quarter. Finally, BNP PARIBAS ASSET MANAGEMENT Holding S.A. bought a new stake in WisdomTree China ex-State-Owned Enterprises Fund during the 1st quarter valued at about $1,464,000.

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.