WisdomTree China ex-State-Owned Enterprises Fund (NASDAQ:CXSE) Short Interest Up 1,005.2% in June

WisdomTree China ex-State-Owned Enterprises Fund (NASDAQ:CXSE) was the target of a significant growth in short interest in the month of June. As of June 15th, there was short interest totaling 35,355 shares, a growth of 1,005.2% from the May 31st total of 3,199 shares. Approximately 0.3% of the shares of the company are sold short. Based on an average trading volume of 30,018 shares, the days-to-cover ratio is presently 1.2 days.

WisdomTree China ex-State-Owned Enterprises Fund Trading Down 1.5%

Shares of WisdomTree China ex-State-Owned Enterprises Fund stock traded down $0.59 during trading on Friday, reaching $38.03. The company’s stock had a trading volume of 40,262 shares, compared to its average volume of 89,085. The company has a 50-day moving average price of $39.95 and a two-hundred day moving average price of $40.07. The firm has a market cap of $493.69 million, a PE ratio of 15.81 and a beta of 0.41. WisdomTree China ex-State-Owned Enterprises Fund has a fifty-two week low of $34.14 and a fifty-two week high of $45.65.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of CXSE. Cassaday & Co Wealth Management LLC purchased a new stake in shares of WisdomTree China ex-State-Owned Enterprises Fund in the first quarter valued at about $134,000. Summit Investment Advisory Services LLC purchased a new position in shares of WisdomTree China ex-State-Owned Enterprises Fund during the first quarter worth about $202,000. OLD Mission Capital LLC acquired a new position in WisdomTree China ex-State-Owned Enterprises Fund in the 4th quarter valued at about $2,069,000. Royal Bank of Canada increased its position in WisdomTree China ex-State-Owned Enterprises Fund by 27.1% in the 4th quarter. Royal Bank of Canada now owns 82,562 shares of the company’s stock valued at $3,312,000 after acquiring an additional 17,616 shares during the period. Finally, Granville Capital Inc. purchased a new stake in WisdomTree China ex-State-Owned Enterprises Fund during the 4th quarter valued at approximately $253,000.

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.