WisdomTree China ex-State-Owned Enterprises Fund (NASDAQ:CXSE) Short Interest Update

WisdomTree China ex-State-Owned Enterprises Fund (NASDAQ:CXSE) saw a large increase in short interest during the month of January. As of January 31st, there was short interest totalling 14,500 shares, an increase of 253.7% from the January 15th total of 4,100 shares. Based on an average daily trading volume, of 40,100 shares, the days-to-cover ratio is presently 0.4 days.

WisdomTree China ex-State-Owned Enterprises Fund Stock Performance

Shares of CXSE stock traded down $0.34 during midday trading on Thursday, hitting $32.36. 16,128 shares of the company were exchanged, compared to its average volume of 41,864. WisdomTree China ex-State-Owned Enterprises Fund has a 52 week low of $24.81 and a 52 week high of $39.71. The firm has a market capitalization of $411.94 million, a P/E ratio of 14.63 and a beta of 0.57. The firm’s 50 day moving average price is $30.30 and its two-hundred day moving average price is $29.84.

WisdomTree China ex-State-Owned Enterprises Fund Cuts Dividend

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

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

A number of large investors have recently made changes to their positions in CXSE. JPMorgan Chase & Co. acquired a new position in WisdomTree China ex-State-Owned Enterprises Fund in the 4th quarter valued at $49,000. LPL Financial LLC grew its stake in shares of WisdomTree China ex-State-Owned Enterprises Fund by 8.7% in the fourth quarter. LPL Financial LLC now owns 15,659 shares of the company’s stock valued at $468,000 after acquiring an additional 1,257 shares in the last quarter. SBI Securities Co. Ltd. bought a new position in WisdomTree China ex-State-Owned Enterprises Fund during the fourth quarter worth about $477,000. Avestar Capital LLC acquired a new stake in WisdomTree China ex-State-Owned Enterprises Fund in the 4th quarter worth about $598,000. Finally, OLD Mission Capital LLC raised its stake in WisdomTree China ex-State-Owned Enterprises Fund by 139.3% in the 4th quarter. OLD Mission Capital LLC now owns 33,395 shares of the company’s stock worth $998,000 after purchasing an additional 19,441 shares in the last quarter.

WisdomTree China ex-State-Owned Enterprises Fund Company Profile

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.