WisdomTree China ex-State-Owned Enterprises Fund (NASDAQ:CXSE) Short Interest Down 60.4% in January

Posted by Latisha Jones on Jan 31st, 2025

WisdomTree China ex-State-Owned Enterprises Fund (NASDAQ:CXSE – Get Free Report) was the recipient of a large drop in short interest in January. As of January 15th, there was short interest totalling 3,600 shares, a drop of 60.4% from the December 31st total of 9,100 shares. Based on an average trading volume of 52,000 shares, the days-to-cover ratio is presently 0.1 days.

WisdomTree China ex-State-Owned Enterprises Fund Trading Down 2.0 %

NASDAQ:CXSE traded down $0.63 during midday trading on Friday, hitting $30.68. 104,157 shares of the company were exchanged, compared to its average volume of 43,823. The company has a fifty day simple moving average of $30.12 and a 200 day simple moving average of $29.52. WisdomTree China ex-State-Owned Enterprises Fund has a fifty-two week low of $23.29 and a fifty-two week high of $39.71. The company has a market capitalization of $390.56 million, a PE ratio of 14.63 and a beta of 0.57.

WisdomTree China ex-State-Owned Enterprises Fund Cuts Dividend

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

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Avaii Wealth Management LLC purchased a new position in WisdomTree China ex-State-Owned Enterprises Fund during the 4th quarter worth $4,404,000. Flow Traders U.S. LLC grew its position in WisdomTree China ex-State-Owned Enterprises Fund by 41.5% during the 3rd quarter. Flow Traders U.S. LLC now owns 53,133 shares of the company’s stock worth $1,761,000 after purchasing an additional 15,583 shares during the last quarter. Finally, Avestar Capital LLC purchased a new position in WisdomTree China ex-State-Owned Enterprises Fund during the 4th quarter worth $598,000.

About WisdomTree China ex-State-Owned Enterprises Fund

(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.