WisdomTree China ex-State-Owned Enterprises Fund (NASDAQ:CXSE – Get Free Report) was the recipient of a significant decline in short interest during the month of March. As of March 15th, there was short interest totalling 3,900 shares, a decline of 47.3% from the February 28th total of 7,400 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 42,300 shares, the days-to-cover ratio is currently 0.1 days.
WisdomTree China ex-State-Owned Enterprises Fund Stock Performance
Shares of NASDAQ:CXSE traded down $0.62 during midday trading on Friday, reaching $34.15. 21,850 shares of the company’s stock traded hands, compared to its average volume of 43,775. WisdomTree China ex-State-Owned Enterprises Fund has a one year low of $25.29 and a one year high of $39.71. The company has a market cap of $434.73 million, a price-to-earnings ratio of 19.14 and a beta of 0.57. The stock has a 50 day moving average of $33.12 and a 200 day moving average of $31.70.
Hedge Funds Weigh In On WisdomTree China ex-State-Owned Enterprises Fund
Several hedge funds and other institutional investors have recently bought and sold shares of CXSE. Castlekeep Investment Advisors LLC purchased a new position in shares of WisdomTree China ex-State-Owned Enterprises Fund during the fourth quarter valued at approximately $32,637,000. Avaii Wealth Management LLC bought a new position in shares of WisdomTree China ex-State-Owned Enterprises Fund during the 4th quarter valued at $4,404,000. Susquehanna International Group LLP boosted its stake in shares of WisdomTree China ex-State-Owned Enterprises Fund by 18.7% in the 4th quarter. Susquehanna International Group LLP now owns 135,064 shares of the company’s stock worth $4,036,000 after buying an additional 21,231 shares during the last quarter. NewEdge Wealth LLC bought a new stake in shares of WisdomTree China ex-State-Owned Enterprises Fund in the fourth quarter worth $3,073,000. Finally, Jane Street Group LLC increased its position in WisdomTree China ex-State-Owned Enterprises Fund by 50.1% during the fourth quarter. Jane Street Group LLC now owns 100,911 shares of the company’s stock valued at $3,015,000 after acquiring an additional 33,668 shares during the last quarter.
About WisdomTree China ex-State-Owned Enterprises Fund
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.
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