WisdomTree India Hedged Equity Fund (NASDAQ:INDH) Short Interest Update

WisdomTree India Hedged Equity Fund (NASDAQ:INDH) was the target of a large decline in short interest in the month of August. As of August 14th, there was short interest totaling 2,007 shares, a decline of 60.8% from the July 30th total of 5,123 shares. Based on an average trading volume of 983 shares, the short-interest ratio is presently 2.0 days. Currently, 1.3% of the company’s shares are short sold.

WisdomTree India Hedged Equity Fund Price Performance

Shares of INDH traded up $0.07 during mid-day trading on Friday, reaching $39.19. The stock had a trading volume of 117 shares, compared to its average volume of 1,260. The business’s fifty day moving average is $39.32 and its 200 day moving average is $39.48. WisdomTree India Hedged Equity Fund has a 52-week low of $37.13 and a 52-week high of $45.00. The firm has a market cap of $5.88 million, a price-to-earnings ratio of 26.53 and a beta of 0.42.

Institutional Trading of WisdomTree India Hedged Equity Fund

An institutional investor recently bought a new stake in WisdomTree India Hedged Equity Fund stock. Citadel Advisors LLC bought a new stake in WisdomTree India Hedged Equity Fund (NASDAQ:INDH) during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 19,544 shares of the company’s stock, valued at approximately $828,000. Citadel Advisors LLC owned 13.03% of WisdomTree India Hedged Equity Fund as of its most recent SEC filing.

WisdomTree India Hedged Equity Fund Company Profile

The WisdomTree India Hedged Equity Fund (INDH) is an exchange-traded fund that is based on the WisdomTree India Hedged Equity index. The fund tracks a market-cap weighted index comprised of the 75 largest companies in India. The fund employs currency hedging strategies to protect against fluctuations between the Indian Rupee and the US Dollar INDH was launched on May 9, 2024 and is issued by WisdomTree.