Short Interest in WisdomTree China ex-State-Owned Enterprises Fund (NASDAQ:CXSE) Drops By 47.3%

WisdomTree China ex-State-Owned Enterprises Fund (NASDAQ:CXSE) was the recipient of a large decrease in short interest in the month of March. As of March 15th, there was short interest totalling 3,900 shares, a decrease of 47.3% from the February 28th total of 7,400 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 42,300 shares, the days-to-cover ratio is presently 0.1 days.

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

NASDAQ CXSE traded down $0.66 during trading on Friday, hitting $34.11. The company’s stock had a trading volume of 13,876 shares, compared to its average volume of 43,640. WisdomTree China ex-State-Owned Enterprises Fund has a 52 week low of $25.29 and a 52 week high of $39.71. The firm has a market cap of $434.22 million, a P/E ratio of 19.14 and a beta of 0.57. The firm has a 50 day moving average price of $33.02 and a 200 day moving average price of $31.60.

Institutional Investors Weigh In On WisdomTree China ex-State-Owned Enterprises Fund

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