Short Interest in WisdomTree China ex-State-Owned Enterprises Fund (NASDAQ:CXSE) Drops By 56.6%

WisdomTree China ex-State-Owned Enterprises Fund (NASDAQ:CXSE) was the target of a significant drop in short interest during the month of February. As of February 13th, there was short interest totaling 6,029 shares, a drop of 56.6% from the January 29th total of 13,901 shares. Based on an average daily volume of 526,637 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.1% of the company’s shares are short sold. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 526,637 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Jane Street Group LLC bought a new position in shares of WisdomTree China ex-State-Owned Enterprises Fund during the 4th quarter worth approximately $823,000. LPL Financial LLC raised its stake in WisdomTree China ex-State-Owned Enterprises Fund by 9.8% in the 4th quarter. LPL Financial LLC now owns 19,314 shares of the company’s stock worth $775,000 after acquiring an additional 1,717 shares during the last quarter. NewEdge Advisors LLC lifted its holdings 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 worth $722,000 after purchasing an additional 1,610 shares during the period. Bank of America Corp DE lifted its stake in WisdomTree China ex-State-Owned Enterprises Fund by 4.7% during 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 period. Finally, Corient Private Wealth LLC acquired a new position in WisdomTree China ex-State-Owned Enterprises Fund during the second quarter valued at $293,000.

WisdomTree China ex-State-Owned Enterprises Fund Stock Down 0.6%

CXSE traded down $0.23 on Friday, reaching $39.60. 15,414 shares of the company traded hands, compared to its average volume of 202,912. The company has a market cap of $450.65 million, a P/E ratio of 15.81 and a beta of 0.33. The firm has a fifty day simple moving average of $41.20 and a two-hundred day simple moving average of $41.49. WisdomTree China ex-State-Owned Enterprises Fund has a one year low of $27.81 and a one year high of $45.65.

WisdomTree China ex-State-Owned Enterprises Fund Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 30th. Stockholders of record on Friday, December 26th were paid a dividend of $0.3284 per share. The ex-dividend date was Friday, December 26th. This represents a $1.31 annualized dividend and a dividend yield of 3.3%.

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.