WisdomTree Emerging Markets ex-State-Owned Enterprises Fund (NYSEARCA:XSOE) Sees Significant Decrease in Short Interest

by · The Cerbat Gem

WisdomTree Emerging Markets ex-State-Owned Enterprises Fund (NYSEARCA:XSOE – Get Free Report) was the target of a significant drop in short interest in the month of October. As of October 15th, there was short interest totaling 52,400 shares, a drop of 31.6% from the September 30th total of 76,600 shares. Based on an average trading volume of 129,400 shares, the short-interest ratio is currently 0.4 days. Approximately 0.1% of the company’s stock are sold short. Approximately 0.1% of the company’s stock are sold short. Based on an average trading volume of 129,400 shares, the short-interest ratio is currently 0.4 days.

WisdomTree Emerging Markets ex-State-Owned Enterprises Fund Stock Performance

NYSEARCA XSOE traded up $0.24 during trading on Monday, hitting $39.56. The stock had a trading volume of 89,476 shares, compared to its average volume of 203,163. The company has a market capitalization of $2.12 billion, a PE ratio of 17.70 and a beta of 0.67. WisdomTree Emerging Markets ex-State-Owned Enterprises Fund has a 12 month low of $27.00 and a 12 month high of $40.12. The company’s 50-day moving average price is $37.79 and its two-hundred day moving average price is $35.15.

Institutional Trading of WisdomTree Emerging Markets ex-State-Owned Enterprises Fund

Several institutional investors and hedge funds have recently bought and sold shares of XSOE. Janney Montgomery Scott LLC acquired a new position in WisdomTree Emerging Markets ex-State-Owned Enterprises Fund during the second quarter valued at approximately $220,000. Mengis Capital Management Inc. raised its holdings in shares of WisdomTree Emerging Markets ex-State-Owned Enterprises Fund by 1.8% in the 2nd quarter. Mengis Capital Management Inc. now owns 16,397 shares of the company’s stock valued at $565,000 after purchasing an additional 290 shares during the period. First Financial Corp IN lifted its stake in WisdomTree Emerging Markets ex-State-Owned Enterprises Fund by 8.5% in the 2nd quarter. First Financial Corp IN now owns 26,270 shares of the company’s stock valued at $906,000 after purchasing an additional 2,047 shares during the last quarter. Integrated Wealth Concepts LLC lifted its stake in WisdomTree Emerging Markets ex-State-Owned Enterprises Fund by 1.1% in the 1st quarter. Integrated Wealth Concepts LLC now owns 31,398 shares of the company’s stock valued at $969,000 after purchasing an additional 344 shares during the last quarter. Finally, NBC Securities Inc. increased its position in WisdomTree Emerging Markets ex-State-Owned Enterprises Fund by 1.8% during the second quarter. NBC Securities Inc. now owns 28,172 shares of the company’s stock worth $971,000 after buying an additional 489 shares during the last quarter.

About WisdomTree Emerging Markets ex-State-Owned Enterprises Fund

(Get Free Report)

The WisdomTree Emerging Markets ex-State-Owned Enterprises Fund (XSOE) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market-cap-weighted index of emerging market companies, excluding state-owned enterprises. XSOE was launched on Dec 10, 2014 and is managed by WisdomTree.

Further Reading