WisdomTree India Earnings Fund (NYSEARCA:EPI) Sees Large Increase in Short Interest

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

Hedge Funds Weigh In On WisdomTree India Earnings Fund

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. RFG Advisory LLC increased its holdings in WisdomTree India Earnings Fund by 4.8% during the 1st quarter. RFG Advisory LLC now owns 5,267 shares of the exchange traded fund’s stock worth $215,000 after purchasing an additional 240 shares in the last quarter. D.A. Davidson & CO. lifted its holdings in shares of WisdomTree India Earnings Fund by 2.8% in the fourth quarter. D.A. Davidson & CO. now owns 9,838 shares of the exchange traded fund’s stock valued at $455,000 after purchasing an additional 272 shares in the last quarter. Trust Co. of Toledo NA OH boosted its position in shares of WisdomTree India Earnings Fund by 14.2% during the fourth quarter. Trust Co. of Toledo NA OH now owns 2,464 shares of the exchange traded fund’s stock worth $114,000 after buying an additional 306 shares during the period. Wealth Enhancement Advisory Services LLC grew its holdings in shares of WisdomTree India Earnings Fund by 1.8% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 20,552 shares of the exchange traded fund’s stock worth $953,000 after buying an additional 354 shares in the last quarter. Finally, IFP Advisors Inc grew its holdings in shares of WisdomTree India Earnings Fund by 3.8% during the fourth quarter. IFP Advisors Inc now owns 10,818 shares of the exchange traded fund’s stock worth $501,000 after buying an additional 399 shares in the last quarter.

WisdomTree India Earnings Fund Stock Up 0.9%

Shares of WisdomTree India Earnings Fund stock traded up $0.36 during trading on Tuesday, reaching $42.72. 308,031 shares of the company were exchanged, compared to its average volume of 765,490. The business has a 50-day moving average price of $42.35 and a 200-day moving average price of $43.21. WisdomTree India Earnings Fund has a twelve month low of $39.40 and a twelve month high of $47.20. The firm has a market capitalization of $2.05 billion, a price-to-earnings ratio of 18.68 and a beta of 0.46.

About WisdomTree India Earnings Fund

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.