Short Interest in WisdomTree Emerging Markets ex-China Fund (NYSEARCA:XC) Expands By 188.2%

WisdomTree Emerging Markets ex-China Fund (NYSEARCA:XC) saw a significant growth in short interest in the month of June. As of June 30th, there was short interest totaling 22,599 shares, a growth of 188.2% from the June 15th total of 7,841 shares. Based on an average daily trading volume, of 19,532 shares, the short-interest ratio is presently 1.2 days. Approximately 0.9% of the company’s stock are short sold.

WisdomTree Emerging Markets ex-China Fund Stock Performance

Shares of XC stock traded down $0.39 during trading hours on Monday, reaching $31.72. The company had a trading volume of 14,084 shares, compared to its average volume of 26,479. WisdomTree Emerging Markets ex-China Fund has a twelve month low of $30.04 and a twelve month high of $35.86. The company has a market capitalization of $79.30 million, a P/E ratio of 18.06 and a beta of 0.76. The stock’s fifty day simple moving average is $31.74 and its 200 day simple moving average is $32.42.

Hedge Funds Weigh In On WisdomTree Emerging Markets ex-China Fund

Institutional investors and hedge funds have recently bought and sold shares of the stock. Noble Wealth Management PBC grew its holdings in WisdomTree Emerging Markets ex-China Fund by 6.1% during the 2nd quarter. Noble Wealth Management PBC now owns 126,292 shares of the company’s stock valued at $4,004,000 after purchasing an additional 7,228 shares in the last quarter. Cetera Investment Advisers lifted its holdings in WisdomTree Emerging Markets ex-China Fund by 14.9% in the 1st quarter. Cetera Investment Advisers now owns 22,853 shares of the company’s stock worth $713,000 after buying an additional 2,960 shares in the last quarter. Chicago Partners Investment Group LLC lifted its holdings in WisdomTree Emerging Markets ex-China Fund by 1.6% in the 1st quarter. Chicago Partners Investment Group LLC now owns 98,763 shares of the company’s stock worth $3,243,000 after buying an additional 1,603 shares in the last quarter. Oarsman Capital Inc. boosted its position in WisdomTree Emerging Markets ex-China Fund by 11.3% in the 4th quarter. Oarsman Capital Inc. now owns 6,768 shares of the company’s stock valued at $220,000 after buying an additional 689 shares during the last quarter. Finally, Goldman Sachs Group Inc. purchased a new position in WisdomTree Emerging Markets ex-China Fund in the 4th quarter valued at about $359,000.

About WisdomTree Emerging Markets ex-China Fund

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.