WisdomTree Emerging Markets ex-China Fund (NYSEARCA:XC) Sees Significant Drop in Short Interest

WisdomTree Emerging Markets ex-China Fund (NYSEARCA:XC) was the target of a significant decrease in short interest in October. As of October 15th, there was short interest totaling 1,865 shares, a decrease of 86.0% from the September 30th total of 13,277 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average daily volume of 5,071 shares, the short-interest ratio is currently 0.4 days.

Institutional Trading of WisdomTree Emerging Markets ex-China Fund

Several large investors have recently made changes to their positions in XC. Sterling Manor Financial LLC acquired a new position in shares of WisdomTree Emerging Markets ex-China Fund during the 3rd quarter worth approximately $7,200,000. tru Independence LLC grew its holdings in WisdomTree Emerging Markets ex-China Fund by 6.3% during the 3rd quarter. tru Independence LLC now owns 232,439 shares of the company’s stock worth $7,098,000 after acquiring an additional 13,791 shares in the last quarter. SMI Advisory Services LLC purchased a new stake in WisdomTree Emerging Markets ex-China Fund during the 2nd quarter worth about $241,000. Noble Wealth Management PBC increased its position in shares of WisdomTree Emerging Markets ex-China Fund by 6.1% during the second quarter. Noble Wealth Management PBC now owns 126,292 shares of the company’s stock worth $4,004,000 after purchasing an additional 7,228 shares in the last quarter. Finally, Citadel Advisors LLC increased its stake in WisdomTree Emerging Markets ex-China Fund by 3.2% in the second quarter. Citadel Advisors LLC now owns 108,701 shares of the company’s stock valued at $3,446,000 after purchasing an additional 3,330 shares during the period.

WisdomTree Emerging Markets ex-China Fund Trading Down 0.5%

Shares of XC stock traded down $0.17 during trading hours on Wednesday, hitting $29.91. The company’s stock had a trading volume of 6,260 shares, compared to its average volume of 21,779. The stock has a market cap of $71.77 million, a PE ratio of 18.06 and a beta of 0.77. WisdomTree Emerging Markets ex-China Fund has a 12-month low of $29.39 and a 12-month high of $35.86. The company has a 50 day moving average of $31.63 and a 200 day moving average of $32.16.

WisdomTree Emerging Markets ex-China Fund Company Profile

The WisdomTree Emerging Markets ex-China Fund (XC) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market cap-weighted index of emerging market companies that meet certain environmental, social, and governance criteria. The fund excludes Chinese companies and state-owned enterprises. XC was launched on Sep 22, 2022 and is managed by WisdomTree.