WisdomTree China ex-State-Owned Enterprises Fund (NASDAQ:CXSE) Sees Large Decline in Short Interest

WisdomTree China ex-State-Owned Enterprises Fund (NASDAQ:CXSE) saw a large decrease in short interest during the month of December. As of December 31st, there was short interest totaling 6,024 shares, a decrease of 54.9% from the December 15th total of 13,361 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 57,725 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily trading volume, of 57,725 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the company’s stock are sold short.

Hedge Funds Weigh In On WisdomTree China ex-State-Owned Enterprises Fund

A number of hedge funds and other institutional investors have recently bought and sold shares of CXSE. Susquehanna International Group LLP increased its position in WisdomTree China ex-State-Owned Enterprises Fund by 92.0% during the third quarter. Susquehanna International Group LLP now owns 48,228 shares of the company’s stock worth $2,150,000 after buying an additional 23,114 shares during the last quarter. Avestar Capital LLC boosted its stake in shares of WisdomTree China ex-State-Owned Enterprises Fund by 42.0% during the 3rd quarter. Avestar Capital LLC now owns 28,422 shares of the company’s stock worth $1,267,000 after acquiring an additional 8,402 shares during the period. Belpointe Asset Management LLC acquired a new position in shares of WisdomTree China ex-State-Owned Enterprises Fund during the 3rd quarter worth approximately $209,000. Corient Private Wealth LLC acquired a new position in shares of WisdomTree China ex-State-Owned Enterprises Fund during the 2nd quarter worth approximately $293,000. Finally, Bank of America Corp DE raised its stake 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 period.

WisdomTree China ex-State-Owned Enterprises Fund Stock Performance

CXSE traded up $0.20 during trading on Thursday, reaching $42.36. 4,520 shares of the stock were exchanged, compared to its average volume of 19,717. The stock’s 50 day moving average price is $41.14 and its two-hundred day moving average price is $40.45. WisdomTree China ex-State-Owned Enterprises Fund has a twelve month low of $27.81 and a twelve month high of $45.65. The stock has a market cap of $529.50 million, a P/E ratio of 15.81 and a beta of 0.33.

WisdomTree China ex-State-Owned Enterprises Fund Announces Dividend

The company also recently disclosed 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 3.1%.

WisdomTree China ex-State-Owned Enterprises Fund Company Profile

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.