Short Interest in WisdomTree China ex-State-Owned Enterprises Fund (NASDAQ:CXSE) Rises By 262.3%

Posted by Scott Moore on Oct 27th, 2024

WisdomTree China ex-State-Owned Enterprises Fund (NASDAQ:CXSE – Get Free Report) was the target of a significant increase in short interest in the month of October. As of October 15th, there was short interest totalling 225,000 shares, an increase of 262.3% from the September 30th total of 62,100 shares. Based on an average daily trading volume, of 44,800 shares, the short-interest ratio is presently 5.0 days.

WisdomTree China ex-State-Owned Enterprises Fund Stock Performance

NASDAQ:CXSE traded up $0.45 during trading hours on Friday, hitting $32.50. 17,714 shares of the company’s stock traded hands, compared to its average volume of 66,604. The stock’s fifty day moving average price is $29.61 and its two-hundred day moving average price is $28.20. The firm has a market cap of $426.73 million, a P/E ratio of 14.63 and a beta of 0.57. WisdomTree China ex-State-Owned Enterprises Fund has a twelve month low of $23.29 and a twelve month high of $39.71.

WisdomTree China ex-State-Owned Enterprises Fund Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, September 27th. Stockholders of record on Wednesday, September 25th were issued a $0.135 dividend. The ex-dividend date was Wednesday, September 25th.

Institutional Trading of WisdomTree China ex-State-Owned Enterprises Fund

Institutional investors have recently made changes to their positions in the stock. Foundations Investment Advisors LLC acquired a new stake in shares of WisdomTree China ex-State-Owned Enterprises Fund during the 2nd quarter valued at $862,000. BNP PARIBAS ASSET MANAGEMENT Holding S.A. acquired a new stake in WisdomTree China ex-State-Owned Enterprises Fund during the first quarter valued at $1,464,000. Finally, Jane Street Group LLC increased its position in WisdomTree China ex-State-Owned Enterprises Fund by 384.4% in the 1st quarter. Jane Street Group LLC now owns 424,420 shares of the company’s stock worth $11,196,000 after purchasing an additional 336,807 shares during the last quarter.

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.