Simplify Tara India Opportunities ETF (NYSEARCA:IOPP) Sees Large Increase in Short Interest

Simplify Tara India Opportunities ETF (NYSEARCA:IOPP) was the target of a large growth in short interest in August. As of August 14th, there was short interest totaling 205 shares, a growth of 68.0% from the July 30th total of 122 shares. Based on an average daily volume of 1,701 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.1% of the company’s stock are short sold.

Institutional Investors Weigh In On Simplify Tara India Opportunities ETF

A hedge fund recently raised its position in Simplify Tara India Opportunities ETF stock. Citadel Advisors LLC lifted its holdings in Simplify Tara India Opportunities ETF (NYSEARCA:IOPP) by 13.4% during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 22,991 shares of the company’s stock after buying an additional 2,718 shares during the period. Citadel Advisors LLC owned approximately 8.21% of Simplify Tara India Opportunities ETF worth $596,000 at the end of the most recent reporting period.

Simplify Tara India Opportunities ETF Trading Down 0.2%

Simplify Tara India Opportunities ETF stock opened at $26.99 on Wednesday. The firm has a market capitalization of $7.56 million, a price-to-earnings ratio of 36.40 and a beta of 0.26. The firm’s fifty day moving average price is $26.53 and its two-hundred day moving average price is $25.59. Simplify Tara India Opportunities ETF has a 1-year low of $22.69 and a 1-year high of $28.40.

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.