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

WisdomTree Emerging Markets ex-China Fund (NYSEARCA:XC) was the recipient of a significant growth in short interest during the month of July. As of July 31st, there was short interest totaling 56,167 shares, a growth of 176.5% from the July 15th total of 20,313 shares. Based on an average daily volume of 22,512 shares, the days-to-cover ratio is currently 2.5 days. Currently, 2.2% of the company’s stock are short sold.

WisdomTree Emerging Markets ex-China Fund Stock Down 0.2%

Shares of NYSEARCA XC traded down $0.08 during trading on Friday, reaching $32.13. 3,812 shares of the company traded hands, compared to its average volume of 24,930. The stock has a market capitalization of $80.33 million, a PE ratio of 18.06 and a beta of 0.75. The firm has a 50 day simple moving average of $31.89 and a 200-day simple moving average of $32.26. WisdomTree Emerging Markets ex-China Fund has a 52-week low of $30.04 and a 52-week high of $35.86.

Institutional Trading of WisdomTree Emerging Markets ex-China Fund

Hedge funds have recently bought and sold shares of the company. Clearwater Capital Advisors LLC boosted its position in WisdomTree Emerging Markets ex-China Fund by 0.8% in the fourth quarter. Clearwater Capital Advisors LLC now owns 454,235 shares of the company’s stock worth $14,738,000 after purchasing an additional 3,447 shares during the last quarter. Noble Wealth Management PBC increased its position in shares of WisdomTree Emerging Markets ex-China Fund by 6.1% during the 2nd quarter. Noble Wealth Management PBC now owns 126,292 shares of the company’s stock valued at $4,004,000 after purchasing an additional 7,228 shares during the last quarter. SMI Advisory Services LLC purchased a new stake in shares of WisdomTree Emerging Markets ex-China Fund during the 2nd quarter valued at about $241,000. Citadel Advisors LLC lifted its stake in shares of WisdomTree Emerging Markets ex-China Fund by 192.0% in the 3rd quarter. Citadel Advisors LLC now owns 144,956 shares of the company’s stock worth $5,021,000 after purchasing an additional 95,322 shares during the period. Finally, Aprio Wealth Management LLC lifted its stake in shares of WisdomTree Emerging Markets ex-China Fund by 12.6% in the 4th quarter. Aprio Wealth Management LLC now owns 296,644 shares of the company’s stock worth $9,625,000 after purchasing an additional 33,159 shares during the period.

WisdomTree Emerging Markets ex-China Fund Company Profile

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.