WisdomTree Emerging Markets ex-State-Owned Enterprises Fund (NYSEARCA:XSOE) Short Interest Down 81.4% in August

WisdomTree Emerging Markets ex-State-Owned Enterprises Fund (NYSEARCA:XSOE) was the target of a significant drop in short interest in the month of August. As of August 14th, there was short interest totaling 16,744 shares, a drop of 81.4% from the July 30th total of 89,924 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 124,579 shares, the short-interest ratio is presently 0.1 days.

Institutional Investors Weigh In On WisdomTree Emerging Markets ex-State-Owned Enterprises Fund

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. AdvisorNet Financial Inc increased 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 purchasing an additional 450 shares during the period. EverSource Wealth Advisors LLC increased its stake in shares of WisdomTree Emerging Markets ex-State-Owned Enterprises Fund by 1.9% in the first quarter. EverSource Wealth Advisors LLC now owns 30,293 shares of the company’s stock valued at $1,215,000 after buying an additional 551 shares in the last quarter. JPMorgan Chase & Co. boosted its position in WisdomTree Emerging Markets ex-State-Owned Enterprises Fund by 0.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 139,462 shares of the company’s stock valued at $5,291,000 after buying an additional 572 shares during the last quarter. Markowski Investments bought a new position in WisdomTree Emerging Markets ex-State-Owned Enterprises Fund in the second quarter valued at approximately $35,000. Finally, Compass Financial Management LLC bought a new stake in WisdomTree Emerging Markets ex-State-Owned Enterprises Fund in the second quarter valued at about $70,000.

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

Shares of NYSEARCA XSOE traded down $0.31 during mid-day trading on Friday, reaching $47.65. The company had a trading volume of 40,538 shares, compared to its average volume of 143,495. WisdomTree Emerging Markets ex-State-Owned Enterprises Fund has a 12-month low of $35.18 and a 12-month high of $51.38. The company has a market capitalization of $2.13 billion, a price-to-earnings ratio of 17.70 and a beta of 0.79. The stock has a fifty day moving average of $46.97 and a two-hundred day moving average of $45.30.

WisdomTree Emerging Markets ex-State-Owned Enterprises Fund Company Profile

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.