WisdomTree China ex-State-Owned Enterprises Fund (NASDAQ:CXSE) Sees Significant Decrease in Short Interest

Posted by Doug Madison on Jan 14th, 2025

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

WisdomTree China ex-State-Owned Enterprises Fund Trading Up 2.7 %

NASDAQ:CXSE traded up $0.76 on Tuesday, hitting $28.79. 6,266 shares of the stock were exchanged, compared to its average volume of 57,990. The stock has a market cap of $369.95 million, a PE ratio of 14.63 and a beta of 0.57. The stock has a fifty day moving average of $30.60 and a 200-day moving average of $29.29. 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.

WisdomTree China ex-State-Owned Enterprises Fund Cuts Dividend

The company also recently declared a dividend, which was paid on Monday, December 30th. Shareholders 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 Investors Weigh In On WisdomTree China ex-State-Owned Enterprises Fund

A hedge fund recently raised its stake 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 third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 53,133 shares of the company’s stock after buying an additional 15,583 shares during the quarter. Flow Traders U.S. LLC owned about 0.40% of WisdomTree China ex-State-Owned Enterprises Fund worth $1,761,000 as of its most recent filing with the SEC.

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.