WisdomTree Emerging Markets ex-State-Owned Enterprises Fund (NYSEARCA:XSOE) Sees Significant Increase in Short Interest

WisdomTree Emerging Markets ex-State-Owned Enterprises Fund (NYSEARCA:XSOE) was the recipient of a significant increase in short interest during the month of May. As of May 15th, there was short interest totaling 319,133 shares, an increase of 735.5% from the April 30th total of 38,196 shares. Currently, 0.7% of the company’s stock are sold short. Based on an average daily trading volume, of 132,855 shares, the days-to-cover ratio is currently 2.4 days.

WisdomTree Emerging Markets ex-State-Owned Enterprises Fund Stock Up 0.1%

Shares of WisdomTree Emerging Markets ex-State-Owned Enterprises Fund stock opened at $48.99 on Friday. The firm has a market cap of $2.21 billion, a P/E ratio of 17.70 and a beta of 0.76. The business has a 50-day moving average price of $44.23 and a 200 day moving average price of $41.82. WisdomTree Emerging Markets ex-State-Owned Enterprises Fund has a fifty-two week low of $32.31 and a fifty-two week high of $49.36.

Hedge Funds Weigh In On WisdomTree Emerging Markets ex-State-Owned Enterprises Fund

A number of hedge funds have recently added to or reduced their stakes in the business. Ameriprise Financial Inc. boosted its holdings in WisdomTree Emerging Markets ex-State-Owned Enterprises Fund by 4.8% in the second quarter. Ameriprise Financial Inc. now owns 229,700 shares of the company’s stock worth $7,918,000 after purchasing an additional 10,467 shares during the period. Bank of New York Mellon Corp boosted its holdings in WisdomTree Emerging Markets ex-State-Owned Enterprises Fund by 9.3% in the first quarter. Bank of New York Mellon Corp now owns 202,510 shares of the company’s stock worth $8,121,000 after purchasing an additional 17,249 shares during the period. JPMorgan Chase & Co. lifted its holdings in WisdomTree Emerging Markets ex-State-Owned Enterprises Fund by 0.4% in the third quarter. JPMorgan Chase & Co. now owns 139,462 shares of the company’s stock worth $5,291,000 after acquiring an additional 572 shares during the last quarter. Flow Traders U.S. LLC bought a new position in WisdomTree Emerging Markets ex-State-Owned Enterprises Fund in the third quarter worth about $2,976,000. Finally, Montecito Bank & Trust lifted its holdings in WisdomTree Emerging Markets ex-State-Owned Enterprises Fund by 0.9% in the fourth quarter. Montecito Bank & Trust now owns 42,745 shares of the company’s stock worth $1,668,000 after acquiring an additional 401 shares during the last quarter.

WisdomTree Emerging Markets ex-State-Owned Enterprises Fund Company Profile

The WisdomTree Emerging Markets ex-State-Owned Enterprises Fund (XSOE) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market-cap-weighted index of emerging market companies, excluding state-owned enterprises. XSOE was launched on Dec 10, 2014 and is managed by WisdomTree.