Short Interest in Simplify Tara India Opportunities ETF (NYSEARCA:IOPP) Rises By 77.8%

Simplify Tara India Opportunities ETF (NYSEARCA:IOPP) was the recipient of a significant growth in short interest in the month of May. As of May 29th, there was short interest totaling 256 shares, a growth of 77.8% from the May 14th total of 144 shares. Based on an average daily trading volume, of 828 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.1% of the shares of the company are short sold.

Simplify Tara India Opportunities ETF Stock Performance

Shares of NYSEARCA IOPP traded down $0.04 during trading on Tuesday, hitting $25.73. The company had a trading volume of 115 shares, compared to its average volume of 1,540. The stock has a 50 day simple moving average of $24.99 and a 200 day simple moving average of $25.67. Simplify Tara India Opportunities ETF has a 12 month low of $22.69 and a 12 month high of $28.40. The firm has a market capitalization of $7.72 million, a P/E ratio of 36.40 and a beta of 0.28.

About Simplify Tara India Opportunities ETF

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.