WisdomTree China ex-State-Owned Enterprises Fund (NASDAQ:CXSE) Short Interest Down 59.3% in October

WisdomTree China ex-State-Owned Enterprises Fund (NASDAQ:CXSE) was the recipient of a significant drop in short interest in the month of October. As of October 31st, there was short interest totalling 91,600 shares, a drop of 59.3% from the October 15th total of 225,000 shares. Based on an average daily volume of 47,300 shares, the short-interest ratio is presently 1.9 days.

Institutional Investors Weigh In On WisdomTree China ex-State-Owned Enterprises Fund

A number of large investors have recently bought and sold shares of the stock. BNP PARIBAS ASSET MANAGEMENT Holding S.A. purchased a new stake in shares of WisdomTree China ex-State-Owned Enterprises Fund in the first quarter valued at $1,464,000. Jane Street Group LLC lifted its holdings in shares of WisdomTree China ex-State-Owned Enterprises Fund by 384.4% during the 1st quarter. Jane Street Group LLC now owns 424,420 shares of the company’s stock worth $11,196,000 after acquiring an additional 336,807 shares during the period. Finally, Foundations Investment Advisors LLC purchased a new position in WisdomTree China ex-State-Owned Enterprises Fund during the second quarter worth approximately $862,000.

WisdomTree China ex-State-Owned Enterprises Fund Trading Up 0.2 %

Shares of CXSE stock traded up $0.05 during mid-day trading on Wednesday, reaching $31.53. The stock had a trading volume of 43,220 shares, compared to its average volume of 64,476. WisdomTree China ex-State-Owned Enterprises Fund has a 12-month low of $23.29 and a 12-month high of $39.71. The business has a 50-day simple moving average of $31.23 and a 200 day simple moving average of $28.76. The company has a market cap of $416.20 million, a P/E 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 Friday, September 27th. Stockholders of record on Wednesday, September 25th were paid a dividend of $0.135 per share. The ex-dividend date of this dividend was Wednesday, September 25th.

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.