WisdomTree Emerging Markets ex-China Fund (NYSEARCA:XC) Stock Short Interest Declines 87.6%

WisdomTree Emerging Markets ex-China Fund (NYSEARCA:XC) was the target of a significant decline in short interest during the month of October. As of October 30th, there was short interest totaling 231 shares, a decline of 87.6% from the October 15th total of 1,865 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 24,234 shares, the short-interest ratio is currently 0.0 days.

WisdomTree Emerging Markets ex-China Fund Price Performance

NYSEARCA XC traded up $0.10 during trading on Wednesday, hitting $31.29. 2,315 shares of the company’s stock traded hands, compared to its average volume of 21,062. The stock has a fifty day moving average of $31.23 and a two-hundred day moving average of $32.02. WisdomTree Emerging Markets ex-China Fund has a 12-month low of $29.39 and a 12-month high of $35.86. The firm has a market cap of $75.09 million, a P/E ratio of 18.06 and a beta of 0.77.

Institutional Investors Weigh In On WisdomTree Emerging Markets ex-China Fund

Hedge funds and other institutional investors have recently modified their holdings of the stock. Balance Wealth Partners LLC bought a new position in WisdomTree Emerging Markets ex-China Fund during the 3rd quarter worth approximately $67,000. Private Advisor Group LLC bought a new stake in WisdomTree Emerging Markets ex-China Fund in the third quarter valued at approximately $208,000. SMI Advisory Services LLC purchased a new stake in shares of WisdomTree Emerging Markets ex-China Fund during the second quarter valued at approximately $241,000. Cetera Investment Advisers boosted its stake in shares of WisdomTree Emerging Markets ex-China Fund by 14.9% during the first quarter. Cetera Investment Advisers now owns 22,853 shares of the company’s stock valued at $713,000 after purchasing an additional 2,960 shares during the period. Finally, Kestra Advisory Services LLC grew its holdings in shares of WisdomTree Emerging Markets ex-China Fund by 4.2% in the third quarter. Kestra Advisory Services LLC now owns 23,310 shares of the company’s stock worth $712,000 after purchasing an additional 935 shares during the last quarter.

WisdomTree Emerging Markets ex-China Fund Company Profile

The WisdomTree Emerging Markets ex-China Fund (XC) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market cap-weighted index of emerging market companies that meet certain environmental, social, and governance criteria. The fund excludes Chinese companies and state-owned enterprises. XC was launched on Sep 22, 2022 and is managed by WisdomTree.