Short Interest in WisdomTree China ex-State-Owned Enterprises Fund (NASDAQ:CXSE) Expands By 253.7%

WisdomTree China ex-State-Owned Enterprises Fund (NASDAQ:CXSE) was the recipient of a significant increase in short interest in 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 currently 0.4 days.

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

Several hedge funds have recently modified their holdings of CXSE. JPMorgan Chase & Co. acquired a new position in WisdomTree China ex-State-Owned Enterprises Fund during the fourth quarter valued at approximately $49,000. LPL Financial LLC raised its stake in shares of WisdomTree China ex-State-Owned Enterprises Fund by 8.7% during the 4th quarter. LPL Financial LLC now owns 15,659 shares of the company’s stock worth $468,000 after purchasing an additional 1,257 shares in the last quarter. SBI Securities Co. Ltd. acquired a new stake in shares of WisdomTree China ex-State-Owned Enterprises Fund in the 4th quarter valued at approximately $477,000. Avestar Capital LLC bought a new position in shares of WisdomTree China ex-State-Owned Enterprises Fund in the fourth quarter valued at $598,000. Finally, Flow Traders U.S. LLC increased its holdings 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 worth $1,761,000 after buying an additional 15,583 shares during the last quarter.

WisdomTree China ex-State-Owned Enterprises Fund Stock Performance

NASDAQ CXSE traded up $0.75 during trading on Wednesday, hitting $32.71. The stock had a trading volume of 39,689 shares, compared to its average volume of 42,752. WisdomTree China ex-State-Owned Enterprises Fund has a 12 month low of $24.54 and a 12 month high of $39.71. The company’s 50-day moving average price is $30.25 and its two-hundred day moving average price is $29.82. The company has a market capitalization of $416.40 million, a PE ratio of 14.63 and a beta of 0.57.

WisdomTree China ex-State-Owned Enterprises Fund Cuts Dividend

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

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.