WisdomTree Emerging Markets ex-State-Owned Enterprises Fund (NYSEARCA:XSOE) Short Interest Up 735.5% in May

WisdomTree Emerging Markets ex-State-Owned Enterprises Fund (NYSEARCA:XSOE) saw a significant increase in short interest in May. As of May 15th, there was short interest totaling 319,133 shares, an increase of 735.5% from the April 30th total of 38,196 shares. Currently, 0.7% of the company’s stock are short sold. Based on an average daily volume of 132,855 shares, the days-to-cover ratio is currently 2.4 days.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the stock. AdvisorNet Financial Inc lifted its stake in shares of WisdomTree Emerging Markets ex-State-Owned Enterprises Fund by 50.0% in the first quarter. AdvisorNet Financial Inc now owns 1,350 shares of the company’s stock worth $54,000 after acquiring an additional 450 shares in the last quarter. Farther Finance Advisors LLC raised its stake in 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 valued at $186,000 after buying an additional 1,768 shares in the last quarter. Prime Capital Investment Advisors LLC grew its holdings in shares of WisdomTree Emerging Markets ex-State-Owned Enterprises Fund by 7.9% during the third 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 last quarter. Ascentis Independent Advisors grew its holdings in shares of WisdomTree Emerging Markets ex-State-Owned Enterprises Fund by 101.5% during the first quarter. Ascentis Independent Advisors now owns 19,650 shares of the company’s stock valued at $788,000 after purchasing an additional 9,900 shares during the last quarter. Finally, Strategic Wealth Partners Ltd. bought a new position in shares of WisdomTree Emerging Markets ex-State-Owned Enterprises Fund during the third quarter valued at approximately $852,000.

WisdomTree Emerging Markets ex-State-Owned Enterprises Fund Price Performance

Shares of XSOE opened at $48.89 on Thursday. The stock’s 50-day moving average is $43.92 and its two-hundred day moving average is $41.70. The stock has a market cap of $2.21 billion, a PE ratio of 17.70 and a beta of 0.76. WisdomTree Emerging Markets ex-State-Owned Enterprises Fund has a 12 month low of $32.31 and a 12 month high of $49.18.

About WisdomTree Emerging Markets ex-State-Owned Enterprises Fund

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.