Short Interest in WisdomTree China ex-State-Owned Enterprises Fund (NASDAQ:CXSE) Increases By 397.4%

WisdomTree China ex-State-Owned Enterprises Fund (NASDAQ:CXSE) was the target of a significant increase in short interest in August. As of August 14th, there was short interest totaling 133,338 shares, an increase of 397.4% from the July 30th total of 26,805 shares. Based on an average daily trading volume, of 16,380 shares, the days-to-cover ratio is currently 8.1 days. Approximately 1.0% of the company’s stock are sold short.

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

Several institutional investors have recently modified their holdings of CXSE. Northwestern Mutual Wealth Management Co. purchased a new position in WisdomTree China ex-State-Owned Enterprises Fund in the fourth quarter valued at $33,000. Ankerstar Wealth LLC purchased a new stake in WisdomTree China ex-State-Owned Enterprises Fund during the 4th quarter worth about $60,000. Wells Fargo & Company MN lifted its holdings in WisdomTree China ex-State-Owned Enterprises Fund by 168.1% during the 4th quarter. Wells Fargo & Company MN now owns 2,871 shares of the company’s stock worth $115,000 after buying an additional 1,800 shares during the last quarter. Cassaday & Co Wealth Management LLC acquired a new position in shares of WisdomTree China ex-State-Owned Enterprises Fund during the 1st quarter worth about $134,000. Finally, Summit Investment Advisory Services LLC acquired a new position in shares of WisdomTree China ex-State-Owned Enterprises Fund during the 1st quarter worth about $202,000.

WisdomTree China ex-State-Owned Enterprises Fund Trading Up 0.2%

NASDAQ:CXSE traded up $0.07 during mid-day trading on Thursday, hitting $38.10. The stock had a trading volume of 8,478 shares, compared to its average volume of 71,919. The stock has a 50-day simple moving average of $38.40 and a two-hundred day simple moving average of $39.15. The company has a market capitalization of $490.73 million, a PE ratio of 15.81 and a beta of 0.43. WisdomTree China ex-State-Owned Enterprises Fund has a twelve month low of $36.93 and a twelve month high of $45.65.

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.