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

Posted by Trevor Kearing on Dec 14th, 2024

WisdomTree China ex-State-Owned Enterprises Fund (NASDAQ:CXSE – Get Free Report) was the target of a significant drop in short interest in November. As of November 30th, there was short interest totalling 3,100 shares, a drop of 55.1% from the November 15th total of 6,900 shares. Based on an average daily trading volume, of 57,200 shares, the days-to-cover ratio is presently 0.1 days.

WisdomTree China ex-State-Owned Enterprises Fund Stock Performance

NASDAQ CXSE traded down $0.50 during trading on Friday, reaching $30.83. 25,834 shares of the company traded hands, compared to its average volume of 62,716. The stock’s 50 day moving average price is $31.98 and its two-hundred day moving average price is $29.02. The company has a market cap of $406.96 million, a price-to-earnings ratio of 14.63 and a beta of 0.57. WisdomTree China ex-State-Owned Enterprises Fund has a 1-year low of $23.29 and a 1-year high of $39.71.

WisdomTree China ex-State-Owned Enterprises Fund Cuts Dividend

The company also recently announced 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.

Institutional Inflows and Outflows

An institutional investor recently raised its position in WisdomTree China ex-State-Owned Enterprises Fund stock. Flow Traders U.S. LLC increased its stake in WisdomTree China ex-State-Owned Enterprises Fund (NASDAQ:CXSE – Free Report) by 41.5% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 53,133 shares of the company’s stock after purchasing an additional 15,583 shares during the period. Flow Traders U.S. LLC owned 0.40% of WisdomTree China ex-State-Owned Enterprises Fund worth $1,761,000 as of its most recent SEC filing.

WisdomTree China ex-State-Owned Enterprises Fund Company Profile

(Get Free Report)

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.