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

WisdomTree Emerging Markets ex-State-Owned Enterprises Fund (NYSEARCA:XSOE) was the recipient of a large drop in short interest in the month of April. As of April 15th, there was short interest totaling 38,928 shares, a drop of 76.4% from the March 31st total of 165,054 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 163,017 shares, the short-interest ratio is currently 0.2 days.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Gould Asset Management LLC CA lifted its position in shares of WisdomTree Emerging Markets ex-State-Owned Enterprises Fund by 15.2% during the 3rd quarter. Gould Asset Management LLC CA now owns 255,701 shares of the company’s stock worth $9,701,000 after buying an additional 33,825 shares during the last quarter. Ameriprise Financial Inc. grew its position in shares of WisdomTree Emerging Markets ex-State-Owned Enterprises Fund by 4.8% in the 2nd quarter. Ameriprise Financial Inc. now owns 229,700 shares of the company’s stock valued at $7,918,000 after buying an additional 10,467 shares during the last quarter. JPMorgan Chase & Co. raised its stake in WisdomTree Emerging Markets ex-State-Owned Enterprises Fund by 0.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 139,462 shares of the company’s stock worth $5,291,000 after acquiring an additional 572 shares in the last quarter. Flow Traders U.S. LLC acquired a new stake in WisdomTree Emerging Markets ex-State-Owned Enterprises Fund during the 3rd quarter worth $2,976,000. Finally, Montecito Bank & Trust lifted its position in WisdomTree Emerging Markets ex-State-Owned Enterprises Fund by 0.9% in the fourth quarter. Montecito Bank & Trust now owns 42,745 shares of the company’s stock valued at $1,668,000 after acquiring an additional 401 shares during the last quarter.

WisdomTree Emerging Markets ex-State-Owned Enterprises Fund Stock Up 1.9%

NYSEARCA XSOE traded up $0.85 during trading hours on Friday, hitting $45.03. 197,243 shares of the company were exchanged, compared to its average volume of 153,177. The company has a 50 day moving average of $42.11 and a two-hundred day moving average of $40.49. The firm has a market cap of $2.04 billion, a price-to-earnings ratio of 17.70 and a beta of 0.71. WisdomTree Emerging Markets ex-State-Owned Enterprises Fund has a 52-week low of $30.60 and a 52-week high of $45.53.

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.