WisdomTree China ex-State-Owned Enterprises Fund (NASDAQ:CXSE) Short Interest Up 186.3% in September

WisdomTree China ex-State-Owned Enterprises Fund (NASDAQ:CXSE) was the recipient of a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 22,900 shares, a growth of 186.3% from the August 31st total of 8,000 shares. Based on an average daily volume of 15,800 shares, the days-to-cover ratio is currently 1.4 days. Based on an average daily volume of 15,800 shares, the days-to-cover ratio is currently 1.4 days.

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

A number of hedge funds have recently modified their holdings of the stock. Corient Private Wealth LLC bought a new position in WisdomTree China ex-State-Owned Enterprises Fund during the second quarter valued at $293,000. Bank of America Corp DE grew its stake in shares of WisdomTree China ex-State-Owned Enterprises Fund by 4.7% during the 2nd quarter. Bank of America Corp DE now owns 13,779 shares of the company’s stock worth $474,000 after acquiring an additional 613 shares during the period. Activest Wealth Management purchased a new stake in WisdomTree China ex-State-Owned Enterprises Fund in the 2nd quarter worth about $63,000. NewEdge Advisors LLC raised its stake in WisdomTree China ex-State-Owned Enterprises Fund by 8.2% in the 1st quarter. NewEdge Advisors LLC now owns 21,214 shares of the company’s stock valued at $722,000 after acquiring an additional 1,610 shares during the period. Finally, Royal Bank of Canada raised its stake in WisdomTree China ex-State-Owned Enterprises Fund by 344.8% in the 1st quarter. Royal Bank of Canada now owns 49,052 shares of the company’s stock valued at $1,670,000 after acquiring an additional 38,024 shares during the period.

WisdomTree China ex-State-Owned Enterprises Fund Stock Performance

Shares of NASDAQ:CXSE opened at $45.02 on Friday. The company has a market capitalization of $558.25 million, a P/E ratio of 15.81 and a beta of 0.57. The company’s 50-day moving average is $40.67 and its 200 day moving average is $36.01. WisdomTree China ex-State-Owned Enterprises Fund has a fifty-two week low of $27.81 and a fifty-two week high of $45.65.

WisdomTree China ex-State-Owned Enterprises Fund Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, September 29th. Stockholders of record on Thursday, September 25th were given a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend was Thursday, 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.