WisdomTree China ex-State-Owned Enterprises Fund (NASDAQ:CXSE - Get Free Report) was the recipient of a significant decline in short interest during the month of February. As of February 15th, there was short interest totalling 5,100 shares, a decline of 64.8% from the January 31st total of 14,500 shares. Based on an average trading volume of 36,900 shares, the days-to-cover ratio is currently 0.1 days.
Institutional Trading of WisdomTree China ex-State-Owned Enterprises Fund
Hedge funds have recently made changes to their positions in the company. JPMorgan Chase & Co. purchased a new stake in WisdomTree China ex-State-Owned Enterprises Fund in the 4th quarter worth about $49,000. LPL Financial LLC increased its stake in shares of WisdomTree China ex-State-Owned Enterprises Fund by 8.7% in the fourth quarter. LPL Financial LLC now owns 15,659 shares of the company's stock worth $468,000 after purchasing an additional 1,257 shares in the last quarter. SBI Securities Co. Ltd. purchased a new position in shares of WisdomTree China ex-State-Owned Enterprises Fund in the fourth quarter worth about $477,000. NewEdge Advisors LLC bought a new stake in shares of WisdomTree China ex-State-Owned Enterprises Fund in the fourth quarter valued at approximately $586,000. Finally, Avestar Capital LLC bought a new position in WisdomTree China ex-State-Owned Enterprises Fund in the 4th quarter worth approximately $598,000.
WisdomTree China ex-State-Owned Enterprises Fund Trading Up 1.5 %
Shares of CXSE stock traded up $0.49 during trading hours on Tuesday, hitting $33.55. 19,669 shares of the company were exchanged, compared to its average volume of 43,043. The stock has a market capitalization of $420.38 million, a price-to-earnings ratio of 18.25 and a beta of 0.42. The firm has a fifty day simple moving average of $31.07 and a 200 day simple moving average of $30.58. WisdomTree China ex-State-Owned Enterprises Fund has a 52-week low of $25.29 and a 52-week high of $39.71.
WisdomTree China ex-State-Owned Enterprises Fund Cuts Dividend
The company also recently announced a dividend, which was paid on Monday, December 30th. Shareholders of record on Thursday, December 26th were given a $0.0891 dividend. The ex-dividend date was Thursday, December 26th.
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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