WisdomTree Emerging Markets ex-China Fund (NYSEARCA:XC) Sees Significant Drop in Short Interest

WisdomTree Emerging Markets ex-China Fund (NYSEARCA:XC) saw a significant decline in short interest during the month of September. As of September 30th, there was short interest totaling 13,277 shares, a decline of 72.0% from the September 15th total of 47,337 shares. Currently, 0.6% of the company’s shares are sold short. Based on an average daily volume of 17,441 shares, the short-interest ratio is presently 0.8 days.

Hedge Funds Weigh In On WisdomTree Emerging Markets ex-China Fund

A number of hedge funds have recently bought and sold shares of the company. Noble Wealth Management PBC increased its holdings in WisdomTree Emerging Markets ex-China Fund by 6.1% in the second quarter. Noble Wealth Management PBC now owns 126,292 shares of the company’s stock worth $4,004,000 after purchasing an additional 7,228 shares in the last quarter. Citadel Advisors LLC raised its holdings in shares of WisdomTree Emerging Markets ex-China Fund by 3.2% during the second quarter. Citadel Advisors LLC now owns 108,701 shares of the company’s stock valued at $3,446,000 after purchasing an additional 3,330 shares during the period. Chicago Partners Investment Group LLC raised its holdings in shares of WisdomTree Emerging Markets ex-China Fund by 1.6% during the first quarter. Chicago Partners Investment Group LLC now owns 98,763 shares of the company’s stock valued at $3,243,000 after purchasing an additional 1,603 shares during the period. Cetera Investment Advisers boosted its position in shares of WisdomTree Emerging Markets ex-China Fund by 14.9% during the 1st quarter. Cetera Investment Advisers now owns 22,853 shares of the company’s stock worth $713,000 after purchasing an additional 2,960 shares in the last quarter. Finally, SMI Advisory Services LLC bought a new position in shares of WisdomTree Emerging Markets ex-China Fund during the 2nd quarter worth about $241,000.

WisdomTree Emerging Markets ex-China Fund Stock Performance

Shares of NYSEARCA:XC traded up $0.26 during mid-day trading on Tuesday, reaching $31.27. 3,836 shares of the company’s stock were exchanged, compared to its average volume of 21,700. The firm has a market capitalization of $75.05 million, a price-to-earnings ratio of 18.06 and a beta of 0.77. WisdomTree Emerging Markets ex-China Fund has a twelve month low of $30.04 and a twelve month high of $35.86. The business’s fifty day moving average price is $31.96 and its 200-day moving average price is $31.90.

About WisdomTree Emerging Markets ex-China Fund

The WisdomTree Emerging Markets ex-China Fund (XC) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market cap-weighted index of emerging market companies that meet certain environmental, social, and governance criteria. The fund excludes Chinese companies and state-owned enterprises. XC was launched on Sep 22, 2022 and is managed by WisdomTree.