Xtrackers Nifty 500 India ETF (NASDAQ:IND – Get Free Report) was the target of a significant drop in short interest in August. As of August 14th, there was short interest totaling 8,941 shares, a drop of 37.7% from the July 30th total of 14,357 shares. Currently, 4.5% of the shares of the stock are sold short. Based on an average daily volume of 1,318 shares, the short-interest ratio is presently 6.8 days.
Xtrackers Nifty 500 India ETF Price Performance
Shares of NASDAQ:IND opened at $23.16 on Monday. Xtrackers Nifty 500 India ETF has a 1 year low of $20.51 and a 1 year high of $27.40. The business’s 50 day moving average price is $22.93 and its 200-day moving average price is $22.87.
Xtrackers Nifty 500 India ETF Announces Dividend
The company also recently disclosed a dividend, which was paid on Friday, June 26th. Investors of record on Thursday, June 18th were issued a $0.0778 dividend. The ex-dividend date of this dividend was Thursday, June 18th. This represents a dividend yield of 68.0%.
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