WisdomTree China ex-State-Owned Enterprises Fund (NASDAQ:CXSE - Get Free Report) was the recipient of a significant increase in short interest in 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 days-to-cover ratio is currently 5.0 days.
Hedge Funds Weigh In On WisdomTree China ex-State-Owned Enterprises Fund
Large investors have recently added to or reduced their stakes in the company. Foundations Investment Advisors LLC acquired a new position in shares of WisdomTree China ex-State-Owned Enterprises Fund during the second quarter worth about $862,000. Jane Street Group LLC lifted 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 valued at $11,196,000 after acquiring an additional 336,807 shares in the last quarter. Finally, BNP PARIBAS ASSET MANAGEMENT Holding S.A. acquired a new position in WisdomTree China ex-State-Owned Enterprises Fund during the 1st quarter worth approximately $1,464,000.
WisdomTree China ex-State-Owned Enterprises Fund Price Performance
Shares of WisdomTree China ex-State-Owned Enterprises Fund stock traded up $0.45 on Friday, hitting $32.50. The company had a trading volume of 17,714 shares, compared to its average volume of 66,604. The stock has a 50-day moving average of $29.61 and a 200-day moving average of $28.19. WisdomTree China ex-State-Owned Enterprises Fund has a twelve month low of $23.29 and a twelve month high of $39.71. The firm has a market capitalization of $426.73 million, a P/E ratio of 14.63 and a beta of 0.57.
WisdomTree China ex-State-Owned Enterprises Fund Cuts Dividend
The business also recently announced a dividend, which was paid on Friday, September 27th. Investors of record on Wednesday, September 25th were paid a $0.135 dividend. The ex-dividend date was Wednesday, September 25th.
WisdomTree China ex-State-Owned Enterprises Fund Company Profile
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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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