WisdomTree China ex-State-Owned Enterprises Fund (NASDAQ:CXSE - Get Free Report) was the recipient of a large increase in short interest in January. As of January 31st, there was short interest totalling 14,500 shares, an increase of 253.7% from the January 15th total of 4,100 shares. Based on an average daily volume of 40,100 shares, the days-to-cover ratio is currently 0.4 days.
Hedge Funds Weigh In On WisdomTree China ex-State-Owned Enterprises Fund
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Flow Traders U.S. LLC boosted 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 worth $1,761,000 after acquiring an additional 15,583 shares in the last quarter. Avaii Wealth Management LLC bought a new stake in shares of WisdomTree China ex-State-Owned Enterprises Fund during the 4th quarter worth $4,404,000. Avestar Capital LLC bought a new stake in shares of WisdomTree China ex-State-Owned Enterprises Fund during the 4th quarter worth $598,000. NewEdge Wealth LLC bought a new stake in shares of WisdomTree China ex-State-Owned Enterprises Fund during the 4th quarter worth $3,073,000. Finally, SBI Securities Co. Ltd. bought a new stake in shares of WisdomTree China ex-State-Owned Enterprises Fund during the 4th quarter worth $477,000.
WisdomTree China ex-State-Owned Enterprises Fund Stock Up 3.3 %
NASDAQ CXSE traded up $1.08 on Friday, reaching $33.77. 40,303 shares of the stock traded hands, compared to its average volume of 42,500. The firm's fifty day simple moving average is $30.40 and its 200 day simple moving average is $29.97. The company has a market cap of $429.89 million, a price-to-earnings ratio of 14.63 and a beta of 0.57. WisdomTree China ex-State-Owned Enterprises Fund has a 12 month low of $25.08 and a 12 month high of $39.71.
WisdomTree China ex-State-Owned Enterprises Fund Cuts Dividend
The company also recently declared a dividend, which was paid on Monday, December 30th. Shareholders of record on Thursday, December 26th were paid a dividend of $0.0891 per share. The ex-dividend date was Thursday, December 26th.
About WisdomTree China ex-State-Owned Enterprises Fund
(
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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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