Short Interest in WisdomTree China ex-State-Owned Enterprises Fund (NASDAQ:CXSE) Drops By 47.3%

WisdomTree China ex-State-Owned Enterprises Fund (NASDAQ:CXSE) saw a large decline in short interest during the month of March. As of March 15th, there was short interest totalling 3,900 shares, a decline of 47.3% from the February 28th total of 7,400 shares. Based on an average daily volume of 42,300 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are short sold.

Institutional Trading of WisdomTree China ex-State-Owned Enterprises Fund

A number of institutional investors and hedge funds have recently modified their holdings of CXSE. LPL Financial LLC grew its position in shares of WisdomTree China ex-State-Owned Enterprises Fund by 8.7% during the 4th quarter. LPL Financial LLC now owns 15,659 shares of the company’s stock valued at $468,000 after buying an additional 1,257 shares during the last quarter. JPMorgan Chase & Co. acquired a new position in WisdomTree China ex-State-Owned Enterprises Fund in the fourth quarter valued at approximately $49,000. Flow Traders U.S. LLC grew its holdings in shares of WisdomTree China ex-State-Owned Enterprises Fund by 41.5% during the third quarter. Flow Traders U.S. LLC now owns 53,133 shares of the company’s stock valued at $1,761,000 after purchasing an additional 15,583 shares during the last quarter. SBI Securities Co. Ltd. acquired a new stake in shares of WisdomTree China ex-State-Owned Enterprises Fund during the 4th quarter worth approximately $477,000. Finally, OLD Mission Capital LLC lifted its holdings in shares of WisdomTree China ex-State-Owned Enterprises Fund by 139.3% in the 4th quarter. OLD Mission Capital LLC now owns 33,395 shares of the company’s stock worth $998,000 after purchasing an additional 19,441 shares during the last quarter.

WisdomTree China ex-State-Owned Enterprises Fund Price Performance

NASDAQ:CXSE traded down $0.66 during mid-day trading on Friday, reaching $34.11. The stock had a trading volume of 13,876 shares, compared to its average volume of 43,640. The company has a market capitalization of $434.22 million, a price-to-earnings ratio of 19.14 and a beta of 0.57. WisdomTree China ex-State-Owned Enterprises Fund has a 1-year low of $25.29 and a 1-year high of $39.71. The stock’s 50 day simple moving average is $33.02 and its two-hundred day simple moving average is $31.60.

About WisdomTree China ex-State-Owned Enterprises Fund

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.