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

WisdomTree Emerging Markets ex-China Fund (NYSEARCA:XC) saw a significant increase in short interest during the month of June. As of June 15th, there was short interest totaling 7,841 shares, an increase of 18,134.9% from the May 31st total of 43 shares. Approximately 0.3% of the company’s stock are sold short. Based on an average daily volume of 10,235 shares, the short-interest ratio is currently 0.8 days.

WisdomTree Emerging Markets ex-China Fund Price Performance

XC opened at $31.67 on Friday. WisdomTree Emerging Markets ex-China Fund has a fifty-two week low of $30.04 and a fifty-two week high of $35.86. The firm has a market capitalization of $98.18 million, a P/E ratio of 18.06 and a beta of 0.76. The company’s 50-day moving average is $31.91 and its 200 day moving average is $32.50.

Hedge Funds Weigh In On WisdomTree Emerging Markets ex-China Fund

Several hedge funds have recently modified their holdings of the company. Cetera Investment Advisers boosted its stake in shares of WisdomTree Emerging Markets ex-China Fund by 14.9% in the 1st quarter. Cetera Investment Advisers now owns 22,853 shares of the company’s stock worth $713,000 after buying an additional 2,960 shares during the last quarter. Chicago Partners Investment Group LLC increased its position in shares of WisdomTree Emerging Markets ex-China Fund by 1.6% during the first quarter. Chicago Partners Investment Group LLC now owns 98,763 shares of the company’s stock valued at $3,243,000 after acquiring an additional 1,603 shares during the last quarter. Oarsman Capital Inc. lifted its holdings in WisdomTree Emerging Markets ex-China Fund by 11.3% during the fourth quarter. Oarsman Capital Inc. now owns 6,768 shares of the company’s stock worth $220,000 after acquiring an additional 689 shares during the period. Kestra Advisory Services LLC lifted its holdings in WisdomTree Emerging Markets ex-China Fund by 15.2% during the fourth quarter. Kestra Advisory Services LLC now owns 24,333 shares of the company’s stock worth $789,000 after acquiring an additional 3,203 shares during the period. Finally, Goldman Sachs Group Inc. purchased a new position in WisdomTree Emerging Markets ex-China Fund in the fourth quarter worth $359,000.

About WisdomTree Emerging Markets ex-China Fund

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.