Simplify Tara India Opportunities ETF (NYSEARCA:IOPP) Shares Shorted: Short Interest Down 76.3% in September

Simplify Tara India Opportunities ETF (NYSEARCA:IOPP) saw a significant decline in short interest in the month of September. As of September 15th, there was short interest totaling 197 shares, a decline of 76.3% from the August 31st total of 830 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average daily volume of 255 shares, the short-interest ratio is presently 0.8 days.

Simplify Tara India Opportunities ETF Stock Performance

Shares of NYSEARCA:IOPP traded up $0.15 during midday trading on Friday, reaching $26.18. The company had a trading volume of 315 shares, compared to its average volume of 1,978. Simplify Tara India Opportunities ETF has a 1-year low of $22.69 and a 1-year high of $28.40. The firm has a market cap of $7.33 million, a price-to-earnings ratio of 36.40 and a beta of 0.26. The company has a fifty day simple moving average of $26.64 and a two-hundred day simple moving average of $25.60.

Institutional Inflows and Outflows

An institutional investor recently raised its stake in Simplify Tara India Opportunities ETF stock. Citadel Advisors LLC increased its position in shares of Simplify Tara India Opportunities ETF (NYSEARCA:IOPP) by 13.4% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 22,991 shares of the company’s stock after acquiring an additional 2,718 shares during the quarter. Citadel Advisors LLC owned 8.21% of Simplify Tara India Opportunities ETF worth $596,000 as of its most recent SEC filing.

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.