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

Simplify Tara India Opportunities ETF (NYSEARCA:IOPP) was the recipient of a large decline in short interest in December. As of December 15th, there was short interest totaling 1,365 shares, a decline of 34.8% from the November 30th total of 2,092 shares. Based on an average daily trading volume, of 3,283 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.4% of the company’s stock are short sold. Approximately 0.4% of the company’s stock are short sold. Based on an average daily trading volume, of 3,283 shares, the days-to-cover ratio is currently 0.4 days.

Simplify Tara India Opportunities ETF Trading Up 0.0%

Shares of NYSEARCA IOPP traded up $0.01 during mid-day trading on Tuesday, hitting $26.91. The company had a trading volume of 3,454 shares, compared to its average volume of 2,297. The firm has a 50-day simple moving average of $27.08 and a two-hundred day simple moving average of $27.28. The company has a market capitalization of $8.61 million, a PE ratio of 36.40 and a beta of -0.13. Simplify Tara India Opportunities ETF has a one year low of $22.85 and a one year high of $28.40.

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.