Short Interest in WisdomTree China ex-State-Owned Enterprises Fund (NASDAQ:CXSE) Drops By 64.8%

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

WisdomTree China ex-State-Owned Enterprises Fund Stock Performance

Shares of NASDAQ:CXSE opened at $33.43 on Friday. The business’s fifty day moving average price is $31.02 and its two-hundred day moving average price is $30.50. The stock has a market cap of $418.88 million, a PE ratio of 18.25 and a beta of 0.42. WisdomTree China ex-State-Owned Enterprises Fund has a one year low of $25.29 and a one year high of $39.71.

WisdomTree China ex-State-Owned Enterprises Fund Cuts Dividend

The business also recently announced a dividend, which was paid on Monday, December 30th. Shareholders of record on Thursday, December 26th were issued a dividend of $0.0891 per share. The ex-dividend date of this dividend was Thursday, December 26th.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. JPMorgan Chase & Co. purchased a new position in shares of WisdomTree China ex-State-Owned Enterprises Fund during the 4th quarter worth $49,000. LPL Financial LLC increased its holdings in WisdomTree China ex-State-Owned Enterprises Fund by 8.7% in the fourth quarter. LPL Financial LLC now owns 15,659 shares of the company’s stock valued at $468,000 after buying an additional 1,257 shares during the last quarter. SBI Securities Co. Ltd. bought a new position in shares of WisdomTree China ex-State-Owned Enterprises Fund during the fourth quarter valued at approximately $477,000. NewEdge Advisors LLC bought a new position in shares of WisdomTree China ex-State-Owned Enterprises Fund during the fourth quarter valued at approximately $586,000. Finally, Avestar Capital LLC bought a new position in shares of WisdomTree China ex-State-Owned Enterprises Fund during the fourth quarter valued at approximately $598,000.

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.