WisdomTree China ex-State-Owned Enterprises Fund (NASDAQ:CXSE) Short Interest Update

Key Points

• Short interest surged 769.6% to 60,408 shares as of March 31, equal to about 0.4% of shares outstanding and a short-interest ratio of 1.2 days.
• Shares traded up 0.9% to $39.19 on the latest session (volume 20,139), with a market cap of $528.3M, a PE of 15.8, beta 0.40, and a 1‑year range of $30.10–$45.65.
• Several institutional investors — including Bank of America, SOL Capital, and NewEdge — modestly increased or initiated positions in the WisdomTree China ex-State-Owned Enterprises Fund.

WisdomTree China ex-State-Owned Enterprises Fund (NASDAQ:CXSE - ) was the recipient of a significant increase in short interest during the month of March. As of March 31st, there was short interest totaling 60,408 shares, an increase of 769.6% from the March 15th total of 6,947 shares. Based on an average trading volume of 49,256 shares, the short-interest ratio is presently 1.2 days. Approximately 0.4% of the shares of the company are sold short.

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

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Bank of America Corp DE raised its holdings in WisdomTree China ex-State-Owned Enterprises Fund by 4.7% during the second quarter. Bank of America Corp DE now owns 13,779 shares of the company's stock worth $474,000 after purchasing an additional 613 shares in the last quarter. SOL Capital Management CO raised its holdings in WisdomTree China ex-State-Owned Enterprises Fund by 1.9% during the fourth quarter. SOL Capital Management CO now owns 41,672 shares of the company's stock worth $1,671,000 after purchasing an additional 760 shares in the last quarter. Northwestern Mutual Wealth Management Co. purchased a new position in WisdomTree China ex-State-Owned Enterprises Fund during the fourth quarter worth about $33,000. Ankerstar Wealth LLC purchased a new position in WisdomTree China ex-State-Owned Enterprises Fund during the fourth quarter worth about $60,000. Finally, NewEdge Advisors LLC raised its holdings in WisdomTree China ex-State-Owned Enterprises Fund by 8.2% during the first quarter. NewEdge Advisors LLC now owns 21,214 shares of the company's stock worth $722,000 after purchasing an additional 1,610 shares in the last quarter.

WisdomTree China ex-State-Owned Enterprises Fund Stock Up 0.9%

CXSE traded up $0.34 on Friday, reaching $39.19. The company had a trading volume of 20,139 shares, compared to its average volume of 138,633. WisdomTree China ex-State-Owned Enterprises Fund has a 1 year low of $30.10 and a 1 year high of $45.65. The stock has a market capitalization of $528.28 million, a PE ratio of 15.81 and a beta of 0.40. The stock has a 50-day moving average price of $39.17 and a 200-day moving average price of $40.95.

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.

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