WisdomTree India Earnings Fund (NYSEARCA:EPI) Short Interest Down 15.1% in February

WisdomTree India Earnings Fund (NYSEARCA:EPI) was the recipient of a significant drop in short interest during the month of February. As of February 27th, there was short interest totaling 1,509,673 shares, a drop of 15.1% from the February 12th total of 1,777,692 shares. Based on an average daily volume of 665,936 shares, the days-to-cover ratio is currently 2.3 days. Approximately 2.6% of the shares of the stock are sold short. Approximately 2.6% of the shares of the stock are sold short. Based on an average daily volume of 665,936 shares, the days-to-cover ratio is currently 2.3 days.

WisdomTree India Earnings Fund Stock Down 0.0%

Shares of EPI traded down $0.02 during midday trading on Tuesday, reaching $42.09. The company had a trading volume of 1,398,854 shares, compared to its average volume of 896,061. WisdomTree India Earnings Fund has a 1-year low of $40.85 and a 1-year high of $47.67. The firm has a 50 day simple moving average of $44.93 and a 200-day simple moving average of $45.34. The stock has a market cap of $2.48 billion, a PE ratio of 18.68 and a beta of 0.49.

Hedge Funds Weigh In On WisdomTree India Earnings Fund

Institutional investors and hedge funds have recently bought and sold shares of the company. Bank of America Corp DE lifted its holdings in WisdomTree India Earnings Fund by 8.1% in the second quarter. Bank of America Corp DE now owns 2,689,972 shares of the exchange traded fund’s stock valued at $127,693,000 after acquiring an additional 200,526 shares during the last quarter. LPL Financial LLC raised its position in WisdomTree India Earnings Fund by 0.8% in the fourth quarter. LPL Financial LLC now owns 1,840,160 shares of the exchange traded fund’s stock valued at $85,181,000 after purchasing an additional 13,750 shares during the period. JPMorgan Chase & Co. lifted its stake in shares of WisdomTree India Earnings Fund by 77.2% in the 4th quarter. JPMorgan Chase & Co. now owns 1,097,416 shares of the exchange traded fund’s stock valued at $50,799,000 after purchasing an additional 478,280 shares during the last quarter. OLD Mission Capital LLC lifted its stake in shares of WisdomTree India Earnings Fund by 25.7% in the 4th quarter. OLD Mission Capital LLC now owns 525,859 shares of the exchange traded fund’s stock valued at $24,342,000 after purchasing an additional 107,401 shares during the last quarter. Finally, Raymond James Financial Inc. grew its holdings in shares of WisdomTree India Earnings Fund by 16.9% during the 2nd quarter. Raymond James Financial Inc. now owns 517,389 shares of the exchange traded fund’s stock worth $24,560,000 after purchasing an additional 74,696 shares during the period.

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.