Short Interest in WisdomTree Emerging Markets ex-State-Owned Enterprises Fund (NYSEARCA:XSOE) Drops By 45.7%

WisdomTree Emerging Markets ex-State-Owned Enterprises Fund (NYSEARCA:XSOE) saw a large decrease in short interest during the month of June. As of June 15th, there was short interest totaling 252,311 shares, a decrease of 45.7% from the May 31st total of 464,787 shares. Based on an average trading volume of 151,203 shares, the short-interest ratio is presently 1.7 days. Currently, 0.6% of the shares of the stock are short sold.

WisdomTree Emerging Markets ex-State-Owned Enterprises Fund Trading Down 2.9%

XSOE traded down $1.45 on Wednesday, reaching $47.73. The stock had a trading volume of 87,710 shares, compared to its average volume of 153,768. The company has a market capitalization of $2.16 billion, a price-to-earnings ratio of 17.70 and a beta of 0.77. WisdomTree Emerging Markets ex-State-Owned Enterprises Fund has a fifty-two week low of $34.25 and a fifty-two week high of $51.38. The firm has a 50-day moving average of $47.56 and a 200-day moving average of $43.45.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in XSOE. AdvisorNet Financial Inc grew its holdings in WisdomTree Emerging Markets ex-State-Owned Enterprises Fund by 50.0% during the 1st quarter. AdvisorNet Financial Inc now owns 1,350 shares of the company’s stock worth $54,000 after acquiring an additional 450 shares during the last quarter. Farther Finance Advisors LLC increased its position in WisdomTree Emerging Markets ex-State-Owned Enterprises Fund by 59.1% in the 4th quarter. Farther Finance Advisors LLC now owns 4,759 shares of the company’s stock valued at $186,000 after acquiring an additional 1,768 shares during the period. Ascentis Independent Advisors raised its stake in shares of WisdomTree Emerging Markets ex-State-Owned Enterprises Fund by 101.5% during the first quarter. Ascentis Independent Advisors now owns 19,650 shares of the company’s stock valued at $788,000 after acquiring an additional 9,900 shares during the last quarter. Strategic Wealth Partners Ltd. acquired a new position in shares of WisdomTree Emerging Markets ex-State-Owned Enterprises Fund during the third quarter worth $852,000. Finally, First Financial Corp IN lifted its holdings in shares of WisdomTree Emerging Markets ex-State-Owned Enterprises Fund by 9.0% during the fourth quarter. First Financial Corp IN now owns 27,972 shares of the company’s stock worth $1,091,000 after purchasing an additional 2,300 shares during the period.

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.