Short Interest in WisdomTree India Hedged Equity Fund (NASDAQ:INDH) Decreases By 60.8%

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

WisdomTree India Hedged Equity Fund Trading Up 0.2%

INDH stock traded up $0.07 during trading on Friday, hitting $39.19. The company had a trading volume of 117 shares, compared to its average volume of 1,260. The business has a 50-day moving average of $39.32 and a 200-day moving average of $39.48. WisdomTree India Hedged Equity Fund has a one year low of $37.13 and a one year high of $45.00. The stock has a market cap of $5.88 million, a PE ratio of 26.53 and a beta of 0.42.

Institutional Inflows and Outflows

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

About WisdomTree India Hedged Equity Fund

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.