WisdomTree Emerging Markets ex-China Fund (NYSEARCA:XC) Sees Large Decline in Short Interest

WisdomTree Emerging Markets ex-China Fund (NYSEARCA:XC) was the recipient of a large decrease in short interest during the month of October. As of October 15th, there was short interest totaling 1,865 shares, a decrease of 86.0% from the September 30th total of 13,277 shares. Based on an average trading volume of 5,071 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.1% of the company’s shares are sold short.

WisdomTree Emerging Markets ex-China Fund Stock Performance

NYSEARCA:XC opened at $29.78 on Tuesday. WisdomTree Emerging Markets ex-China Fund has a fifty-two week low of $29.39 and a fifty-two week high of $35.86. The company has a 50 day moving average price of $31.71 and a 200 day moving average price of $32.19. The stock has a market capitalization of $71.47 million, a P/E ratio of 18.06 and a beta of 0.77.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of XC. Sterling Manor Financial LLC purchased a new position in WisdomTree Emerging Markets ex-China Fund during the 3rd quarter valued at about $7,200,000. tru Independence LLC increased its stake in WisdomTree Emerging Markets ex-China Fund by 6.3% during the third quarter. tru Independence LLC now owns 232,439 shares of the company’s stock worth $7,098,000 after purchasing an additional 13,791 shares during the period. Noble Wealth Management PBC lifted its position in shares of WisdomTree Emerging Markets ex-China Fund by 2.6% during the third quarter. Noble Wealth Management PBC now owns 129,568 shares of the company’s stock worth $3,957,000 after purchasing an additional 3,276 shares in the last quarter. SMI Advisory Services LLC acquired a new stake in shares of WisdomTree Emerging Markets ex-China Fund during the second quarter worth about $241,000. Finally, Citadel Advisors LLC boosted its stake in shares of WisdomTree Emerging Markets ex-China Fund by 3.2% in the second quarter. Citadel Advisors LLC now owns 108,701 shares of the company’s stock valued at $3,446,000 after purchasing an additional 3,330 shares during the period.

WisdomTree Emerging Markets ex-China Fund Company Profile

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.