WisdomTree Emerging Markets ex-State-Owned Enterprises Fund (NYSEARCA:XSOE) Sees Significant Increase in Short Interest

WisdomTree Emerging Markets ex-State-Owned Enterprises Fund (NYSEARCA:XSOE) saw a significant increase in short interest in March. As of March 13th, there was short interest totaling 257,452 shares, an increase of 501.8% from the February 26th total of 42,778 shares. Approximately 0.6% of the company’s shares are short sold. Based on an average daily volume of 251,307 shares, the days-to-cover ratio is presently 1.0 days. Based on an average daily volume of 251,307 shares, the days-to-cover ratio is presently 1.0 days. Approximately 0.6% of the company’s shares are short sold.

WisdomTree Emerging Markets ex-State-Owned Enterprises Fund Stock Up 1.5%

Shares of XSOE traded up $0.62 during trading hours on Wednesday, reaching $40.68. The stock had a trading volume of 16,092 shares, compared to its average volume of 145,821. WisdomTree Emerging Markets ex-State-Owned Enterprises Fund has a 52 week low of $27.00 and a 52 week high of $44.76. The firm has a 50-day moving average of $42.01 and a 200 day moving average of $39.81. The company has a market cap of $1.85 billion, a P/E ratio of 17.70 and a beta of 0.67.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in XSOE. Farther Finance Advisors LLC raised its position in shares of WisdomTree Emerging Markets ex-State-Owned Enterprises Fund by 59.1% during the fourth quarter. Farther Finance Advisors LLC now owns 4,759 shares of the company’s stock worth $186,000 after purchasing an additional 1,768 shares during the period. Prime Capital Investment Advisors LLC grew its position in shares of WisdomTree Emerging Markets ex-State-Owned Enterprises Fund by 7.9% in the 3rd quarter. Prime Capital Investment Advisors LLC now owns 9,447 shares of the company’s stock valued at $358,000 after purchasing an additional 690 shares during the period. Strategic Wealth Partners Ltd. bought a new stake in WisdomTree Emerging Markets ex-State-Owned Enterprises Fund during the 3rd quarter worth approximately $852,000. First Financial Corp IN increased its stake in WisdomTree Emerging Markets ex-State-Owned Enterprises Fund by 9.0% during the 4th quarter. First Financial Corp IN now owns 27,972 shares of the company’s stock worth $1,091,000 after purchasing an additional 2,300 shares in the last quarter. Finally, Sherry Group Inc. acquired a new stake in WisdomTree Emerging Markets ex-State-Owned Enterprises Fund during the 4th quarter worth approximately $1,176,000.

WisdomTree Emerging Markets ex-State-Owned Enterprises Fund Company Profile

The WisdomTree Emerging Markets ex-State-Owned Enterprises Fund (XSOE) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market-cap-weighted index of emerging market companies, excluding state-owned enterprises. XSOE was launched on Dec 10, 2014 and is managed by WisdomTree.