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

WisdomTree Emerging Markets ex-China Fund (NYSEARCA:XC) saw a large increase in short interest during the month of June. As of June 30th, there was short interest totaling 22,599 shares, an increase of 188.2% from the June 15th total of 7,841 shares. Currently, 0.9% of the company’s stock are short sold. Based on an average daily trading volume, of 19,532 shares, the short-interest ratio is currently 1.2 days.

WisdomTree Emerging Markets ex-China Fund Stock Down 0.1%

Shares of WisdomTree Emerging Markets ex-China Fund stock traded down $0.04 during trading hours on Wednesday, hitting $31.82. 1,168 shares of the company’s stock traded hands, compared to its average volume of 26,139. The stock has a 50 day simple moving average of $31.72 and a 200-day simple moving average of $32.41. The company has a market cap of $79.56 million, a PE ratio of 18.06 and a beta of 0.76. WisdomTree Emerging Markets ex-China Fund has a twelve month low of $30.04 and a twelve month high of $35.86.

Institutional Investors Weigh In On WisdomTree Emerging Markets ex-China Fund

Hedge funds have recently bought and sold shares of the business. Oarsman Capital Inc. acquired a new position in shares of WisdomTree Emerging Markets ex-China Fund in the 3rd quarter valued at approximately $211,000. SMI Advisory Services LLC bought a new stake in shares of WisdomTree Emerging Markets ex-China Fund in the second quarter worth $241,000. Goldman Sachs Group Inc. bought a new stake in shares of WisdomTree Emerging Markets ex-China Fund in the fourth quarter worth $359,000. Goldenstone Wealth Management LLC acquired a new stake in WisdomTree Emerging Markets ex-China Fund in the fourth quarter valued at $431,000. Finally, Cetera Investment Advisers raised its holdings in WisdomTree Emerging Markets ex-China Fund by 4.7% in the fourth quarter. Cetera Investment Advisers now owns 19,893 shares of the company’s stock valued at $645,000 after acquiring an additional 891 shares in the last quarter.

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.