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. Based on an average daily volume of 30,018 shares, the short-interest ratio is currently 1.2 days. Currently, 0.3% of the shares of the company are sold short.

Hedge Funds Weigh In On WisdomTree China ex-State-Owned Enterprises Fund

Several large investors have recently modified their holdings of the stock. Bank of America Corp DE boosted its holdings in shares of WisdomTree China ex-State-Owned Enterprises Fund by 4.7% during the 2nd quarter. Bank of America Corp DE now owns 13,779 shares of the company’s stock worth $474,000 after buying an additional 613 shares during the period. SOL Capital Management CO grew its stake in WisdomTree China ex-State-Owned Enterprises Fund by 1.9% in the 4th quarter. SOL Capital Management CO now owns 41,672 shares of the company’s stock valued at $1,671,000 after buying an additional 760 shares during the last quarter. Northwestern Mutual Wealth Management Co. bought a new position in WisdomTree China ex-State-Owned Enterprises Fund in the 4th quarter valued at about $33,000. Ankerstar Wealth LLC acquired a new stake in WisdomTree China ex-State-Owned Enterprises Fund during the fourth quarter worth approximately $60,000. Finally, NewEdge Advisors LLC lifted its position 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 acquiring an additional 1,610 shares during the last quarter.

WisdomTree China ex-State-Owned Enterprises Fund Trading Up 0.6%

CXSE stock opened at $38.63 on Friday. WisdomTree China ex-State-Owned Enterprises Fund has a 1-year low of $34.14 and a 1-year high of $45.65. The business’s 50 day simple moving average is $39.99 and its 200 day simple moving average is $40.09. The firm has a market capitalization of $501.48 million, a PE ratio of 15.81 and a beta of 0.41.

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.