Short Interest in WisdomTree China ex-State-Owned Enterprises Fund (NASDAQ:CXSE) Declines By 59.3%

WisdomTree China ex-State-Owned Enterprises Fund (NASDAQ:CXSE) saw a large drop in short interest during the month of October. As of October 31st, there was short interest totalling 91,600 shares, a drop of 59.3% from the October 15th total of 225,000 shares. Based on an average daily volume of 47,300 shares, the short-interest ratio is currently 1.9 days.

WisdomTree China ex-State-Owned Enterprises Fund Trading Down 0.7 %

CXSE traded down $0.22 on Friday, hitting $30.70. 48,404 shares of the stock traded hands, compared to its average volume of 65,800. The firm has a market capitalization of $405.24 million, a PE ratio of 14.63 and a beta of 0.57. The business has a fifty day moving average price of $31.43 and a two-hundred day moving average price of $28.79. WisdomTree China ex-State-Owned Enterprises Fund has a 52 week low of $23.29 and a 52 week high of $39.71.

WisdomTree China ex-State-Owned Enterprises Fund Cuts Dividend

The business also recently declared 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 was Wednesday, September 25th.

Institutional Trading of WisdomTree China ex-State-Owned Enterprises Fund

Institutional investors have recently made changes to their positions in the business. Foundations Investment Advisors LLC acquired a new stake in shares of WisdomTree China ex-State-Owned Enterprises Fund in the 2nd quarter valued at $862,000. BNP PARIBAS ASSET MANAGEMENT Holding S.A. bought a new stake in shares of WisdomTree China ex-State-Owned Enterprises Fund during the 1st quarter valued at about $1,464,000. Flow Traders U.S. LLC boosted its position in WisdomTree China ex-State-Owned Enterprises Fund by 41.5% during the third quarter. Flow Traders U.S. LLC now owns 53,133 shares of the company’s stock valued at $1,761,000 after buying an additional 15,583 shares during the period. Finally, Jane Street Group LLC raised its stake in WisdomTree China ex-State-Owned Enterprises Fund by 384.4% in the first quarter. Jane Street Group LLC now owns 424,420 shares of the company’s stock worth $11,196,000 after buying an additional 336,807 shares in the last quarter.

About WisdomTree China ex-State-Owned Enterprises Fund

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.