WisdomTree China ex-State-Owned Enterprises Fund (NASDAQ:CXSE) Short Interest Down 18.8% in April

WisdomTree China ex-State-Owned Enterprises Fund (NASDAQ:CXSE) was the target of a large drop in short interest in April. As of April 15th, there was short interest totaling 49,036 shares, a drop of 18.8% from the March 31st total of 60,408 shares. Based on an average daily volume of 19,219 shares, the days-to-cover ratio is currently 2.6 days. Approximately 0.4% of the company’s stock are sold short.

Institutional Trading of WisdomTree China ex-State-Owned Enterprises Fund

A number of institutional investors have recently bought and sold shares of CXSE. Summit Investment Advisory Services LLC purchased a new position in shares of WisdomTree China ex-State-Owned Enterprises Fund in the 1st quarter valued at about $202,000. OLD Mission Capital LLC acquired a new stake in shares of WisdomTree China ex-State-Owned Enterprises Fund during the 4th quarter worth about $2,069,000. Royal Bank of Canada lifted its stake in WisdomTree China ex-State-Owned Enterprises Fund by 27.1% during the fourth quarter. Royal Bank of Canada now owns 82,562 shares of the company’s stock worth $3,312,000 after purchasing an additional 17,616 shares during the last quarter. Granville Capital Inc. purchased a new stake in WisdomTree China ex-State-Owned Enterprises Fund during the fourth quarter worth approximately $253,000. Finally, Wells Fargo & Company MN boosted its holdings in WisdomTree China ex-State-Owned Enterprises Fund by 168.1% in the fourth quarter. Wells Fargo & Company MN now owns 2,871 shares of the company’s stock valued at $115,000 after purchasing an additional 1,800 shares in the last quarter.

WisdomTree China ex-State-Owned Enterprises Fund Trading Up 0.4%

Shares of CXSE stock traded up $0.15 on Friday, reaching $40.40. 13,485 shares of the stock were exchanged, compared to its average volume of 117,208. The business’s 50 day moving average price is $39.01 and its 200 day moving average price is $40.57. The company has a market capitalization of $524.39 million, a price-to-earnings ratio of 15.81 and a beta of 0.40. WisdomTree China ex-State-Owned Enterprises Fund has a twelve month low of $32.56 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.