Simplify Tara India Opportunities ETF (NYSEARCA:IOPP) Sees Significant Growth in Short Interest

Simplify Tara India Opportunities ETF (NYSEARCA:IOPP) was the target of a significant growth in short interest in January. As of January 30th, there was short interest totaling 2,892 shares, a growth of 60.0% from the January 15th total of 1,807 shares. Currently, 0.9% of the company’s stock are sold short. Based on an average daily volume of 4,070 shares, the days-to-cover ratio is presently 0.7 days. Based on an average daily volume of 4,070 shares, the days-to-cover ratio is presently 0.7 days. Currently, 0.9% of the company’s stock are sold short.

Simplify Tara India Opportunities ETF Stock Performance

Simplify Tara India Opportunities ETF stock opened at $26.84 on Monday. Simplify Tara India Opportunities ETF has a twelve month low of $22.85 and a twelve month high of $28.40. The firm has a market cap of $8.59 million, a PE ratio of 36.40 and a beta of -0.13. The firm’s 50 day moving average price is $26.65 and its two-hundred day moving average price is $27.12.

Simplify Tara India Opportunities ETF Company Profile

The Simplify Tara India Opportunities ETF (IOPP) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed ETF that invests in Indian equity securities of any market capitalization. The fund targets companies that are expected to benefit from the broad themes capturing Indias growth story. IOPP was launched on Mar 4, 2024 and is issued by Simplify.