WisdomTree India Earnings Fund (NYSEARCA:EPI) Sees Significant Growth in Short Interest

WisdomTree India Earnings Fund (NYSEARCA:EPI) saw a significant growth in short interest during the month of July. As of July 15th, there was short interest totaling 1,789,003 shares, a growth of 115.8% from the June 30th total of 829,018 shares. Based on an average daily trading volume, of 375,140 shares, the short-interest ratio is presently 4.8 days. Approximately 3.7% of the company’s stock are short sold.

Institutional Investors Weigh In On WisdomTree India Earnings Fund

Large investors have recently added to or reduced their stakes in the stock. International Assets Investment Management LLC bought a new position in shares of WisdomTree India Earnings Fund in the fourth quarter valued at approximately $29,000. Advisory Services Network LLC acquired a new position in WisdomTree India Earnings Fund in the 3rd quarter valued at $48,000. Turning Point Benefit Group Inc. acquired a new position in WisdomTree India Earnings Fund in the 3rd quarter valued at $57,000. IAG Wealth Partners LLC raised its holdings in WisdomTree India Earnings Fund by 5,376.9% in the 1st quarter. IAG Wealth Partners LLC now owns 1,424 shares of the exchange traded fund’s stock worth $58,000 after acquiring an additional 1,398 shares during the period. Finally, Headlands Technologies LLC bought a new position in WisdomTree India Earnings Fund in the 2nd quarter worth $70,000.

WisdomTree India Earnings Fund Stock Performance

Shares of NYSEARCA EPI traded up $0.47 during mid-day trading on Thursday, reaching $42.96. 328,220 shares of the company traded hands, compared to its average volume of 760,632. The stock has a market cap of $2.05 billion, a PE ratio of 18.68 and a beta of 0.46. The company’s fifty day moving average is $42.40 and its two-hundred day moving average is $43.14. WisdomTree India Earnings Fund has a fifty-two week low of $39.40 and a fifty-two week high of $47.20.

WisdomTree India Earnings Fund Company Profile

WisdomTree India Earnings Fund (The Fund) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree India Earnings Index. The Index measures the performance of profitable companies incorporated and traded in India that are eligible to be purchased by foreign investors and that meet specific criteria developed by WisdomTree Investments.