Short Interest in WisdomTree China ex-State-Owned Enterprises Fund (NASDAQ:CXSE) Drops By 60.4%

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

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

Several institutional investors have recently made changes to their positions in CXSE. Flow Traders U.S. LLC raised its stake in shares of WisdomTree China ex-State-Owned Enterprises Fund by 41.5% during the 3rd quarter. Flow Traders U.S. LLC now owns 53,133 shares of the company’s stock valued at $1,761,000 after purchasing an additional 15,583 shares during the period. Avestar Capital LLC purchased a new position in WisdomTree China ex-State-Owned Enterprises Fund during the 4th quarter valued at about $598,000. Finally, Avaii Wealth Management LLC bought a new stake in shares of WisdomTree China ex-State-Owned Enterprises Fund during the fourth quarter valued at about $4,404,000.

WisdomTree China ex-State-Owned Enterprises Fund Trading Down 2.0 %

Shares of NASDAQ CXSE traded down $0.63 during midday trading on Friday, hitting $30.68. The company’s stock had a trading volume of 104,157 shares, compared to its average volume of 43,823. The firm has a market capitalization of $390.56 million, a price-to-earnings ratio of 14.63 and a beta of 0.57. The stock has a fifty day moving average price of $30.12 and a 200 day moving average price of $29.52. WisdomTree China ex-State-Owned Enterprises Fund has a one year low of $23.29 and a one year high of $39.71.

WisdomTree China ex-State-Owned Enterprises Fund Cuts Dividend

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