WisdomTree China ex-State-Owned Enterprises Fund (NASDAQ:CXSE – Get Free Report) was the recipient of a large growth in short interest during the month of August. As of August 14th, there was short interest totaling 133,338 shares, a growth of 397.4% from the July 30th total of 26,805 shares. Approximately 1.0% of the shares of the stock are sold short. Based on an average trading volume of 16,380 shares, the days-to-cover ratio is presently 8.1 days.
WisdomTree China ex-State-Owned Enterprises Fund Trading Up 0.1%
CXSE traded up $0.02 during trading hours on Wednesday, hitting $38.09. The company’s stock had a trading volume of 1,160 shares, compared to its average volume of 72,276. The stock has a market cap of $490.60 million, a price-to-earnings ratio of 15.81 and a beta of 0.43. The business’s 50-day moving average price is $38.45 and its 200-day moving average price is $39.19. WisdomTree China ex-State-Owned Enterprises Fund has a 12 month low of $36.93 and a 12 month high of $45.65.
Institutional Trading of WisdomTree China ex-State-Owned Enterprises Fund
Hedge funds have recently made changes to their positions in the business. Bank of America Corp DE grew its position in WisdomTree China ex-State-Owned Enterprises Fund by 4.7% in the 2nd quarter. Bank of America Corp DE now owns 13,779 shares of the company’s stock valued at $474,000 after acquiring an additional 613 shares during the last quarter. SOL Capital Management CO lifted its position in shares of WisdomTree China ex-State-Owned Enterprises Fund by 1.9% during the fourth quarter. SOL Capital Management CO now owns 41,672 shares of the company’s stock worth $1,671,000 after purchasing an additional 760 shares during the last quarter. Northwestern Mutual Wealth Management Co. purchased a new stake in shares of WisdomTree China ex-State-Owned Enterprises Fund during the fourth quarter valued at $33,000. Ankerstar Wealth LLC purchased a new stake in shares of WisdomTree China ex-State-Owned Enterprises Fund during the fourth quarter valued at $60,000. Finally, NewEdge Advisors LLC boosted its stake in shares of WisdomTree China ex-State-Owned Enterprises Fund by 8.2% during the first quarter. NewEdge Advisors LLC now owns 21,214 shares of the company’s stock valued at $722,000 after purchasing an additional 1,610 shares during the period.
About WisdomTree China ex-State-Owned Enterprises Fund
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.
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