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

WisdomTree China ex-State-Owned Enterprises Fund (NASDAQ:CXSE) was the recipient of a large increase in short interest in the month of March. As of March 31st, there was short interest totalling 57,100 shares, an increase of 1,364.1% from the March 15th total of 3,900 shares. Currently, 0.5% of the shares of the company are sold short. Based on an average daily volume of 44,400 shares, the days-to-cover ratio is presently 1.3 days.

WisdomTree China ex-State-Owned Enterprises Fund Stock Up 1.5 %

CXSE opened at $31.31 on Tuesday. The stock’s 50 day moving average price is $33.29 and its two-hundred day moving average price is $32.01. The firm has a market capitalization of $392.00 million, a P/E ratio of 15.61 and a beta of 0.57. WisdomTree China ex-State-Owned Enterprises Fund has a 12-month low of $25.29 and a 12-month high of $39.71.

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

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Castlekeep Investment Advisors LLC acquired a new position in WisdomTree China ex-State-Owned Enterprises Fund during the 4th quarter valued at $32,637,000. Avaii Wealth Management LLC acquired a new position in shares of WisdomTree China ex-State-Owned Enterprises Fund during the fourth quarter valued at about $4,404,000. Susquehanna International Group LLP lifted its stake in shares of WisdomTree China ex-State-Owned Enterprises Fund by 18.7% in the fourth quarter. Susquehanna International Group LLP now owns 135,064 shares of the company’s stock valued at $4,036,000 after buying an additional 21,231 shares during the period. NewEdge Wealth LLC acquired a new stake in WisdomTree China ex-State-Owned Enterprises Fund during the fourth quarter worth about $3,073,000. Finally, Jane Street Group LLC grew its position in WisdomTree China ex-State-Owned Enterprises Fund by 50.1% during the fourth quarter. Jane Street Group LLC now owns 100,911 shares of the company’s stock worth $3,015,000 after buying an additional 33,668 shares in the last quarter.

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.