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

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

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Foundations Investment Advisors LLC acquired a new stake in shares of WisdomTree China ex-State-Owned Enterprises Fund during the 2nd quarter worth about $862,000. BNP PARIBAS ASSET MANAGEMENT Holding S.A. bought a new stake in shares of WisdomTree China ex-State-Owned Enterprises Fund during the first quarter worth $1,464,000. Finally, Jane Street Group LLC boosted its stake 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 period.

WisdomTree China ex-State-Owned Enterprises Fund Stock Performance

Shares of NASDAQ CXSE traded up $0.45 during mid-day trading on Friday, reaching $32.50. The company had a trading volume of 17,714 shares, compared to its average volume of 66,604. The stock has a fifty day moving average of $29.61 and a two-hundred day moving average of $28.19. WisdomTree China ex-State-Owned Enterprises Fund has a 12-month low of $23.29 and a 12-month high of $39.71. The company has a market capitalization of $426.73 million, a price-to-earnings ratio of 14.63 and a beta of 0.57.

WisdomTree China ex-State-Owned Enterprises Fund Cuts Dividend

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

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.