Simplify Tara India Opportunities ETF (NYSEARCA:IOPP) Shares Shorted: Short Interest Down 76.3% in September

Simplify Tara India Opportunities ETF (NYSEARCA:IOPP) was the recipient of a large decline in short interest in September. As of September 15th, there was short interest totaling 197 shares, a decline of 76.3% from the August 31st total of 830 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily volume of 255 shares, the days-to-cover ratio is currently 0.8 days.

Institutional Investors Weigh In On Simplify Tara India Opportunities ETF

A hedge fund recently raised its stake in Simplify Tara India Opportunities ETF stock. Citadel Advisors LLC boosted its stake in Simplify Tara India Opportunities ETF (NYSEARCA:IOPP) by 13.4% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 22,991 shares of the company’s stock after acquiring an additional 2,718 shares during the quarter. Citadel Advisors LLC owned 8.21% of Simplify Tara India Opportunities ETF worth $596,000 as of its most recent filing with the SEC.

Simplify Tara India Opportunities ETF Stock Performance

Shares of IOPP traded up $0.15 during trading hours on Friday, hitting $26.18. The stock had a trading volume of 315 shares, compared to its average volume of 1,978. The firm has a 50-day moving average price of $26.64 and a 200 day moving average price of $25.60. Simplify Tara India Opportunities ETF has a fifty-two week low of $22.69 and a fifty-two week high of $28.40. The firm has a market capitalization of $7.33 million, a price-to-earnings ratio of 36.40 and a beta of 0.26.

About Simplify Tara India Opportunities ETF

The Simplify Tara India Opportunities ETF (IOPP) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed ETF that invests in Indian equity securities of any market capitalization. The fund targets companies that are expected to benefit from the broad themes capturing Indias growth story. IOPP was launched on Mar 4, 2024 and is issued by Simplify.