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

Posted by Christopher Mengel on Jan 14th, 2025

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

WisdomTree China ex-State-Owned Enterprises Fund Price Performance

Shares of NASDAQ CXSE traded up $0.76 during mid-day trading on Tuesday, hitting $28.79. The company had a trading volume of 6,266 shares, compared to its average volume of 57,990. The stock has a market cap of $369.95 million, a price-to-earnings ratio of 14.63 and a beta of 0.57. WisdomTree China ex-State-Owned Enterprises Fund has a 12 month low of $23.29 and a 12 month high of $39.71. The firm’s 50 day simple moving average is $30.60 and its two-hundred day simple moving average is $29.29.

WisdomTree China ex-State-Owned Enterprises Fund Cuts Dividend

The business also recently declared a dividend, which was paid on Monday, December 30th. Investors of record on Thursday, December 26th were issued a $0.0891 dividend. The ex-dividend date of this dividend was Thursday, December 26th.

Institutional Trading of 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 raised its holdings in shares of WisdomTree China ex-State-Owned Enterprises Fund (NASDAQ:CXSE – Free Report) by 41.5% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 53,133 shares of the company’s stock after acquiring an additional 15,583 shares during the period. Flow Traders U.S. LLC owned approximately 0.40% of WisdomTree China ex-State-Owned Enterprises Fund worth $1,761,000 as of its most recent SEC filing.

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.