Simplify Tara India Opportunities ETF (NYSEARCA:IOPP) Short Interest Up 2,353.6% in July

Simplify Tara India Opportunities ETF (NYSEARCA:IOPP) was the recipient of a large growth in short interest in July. As of July 15th, there was short interest totaling 5,496 shares, a growth of 2,353.6% from the June 30th total of 224 shares. Based on an average daily volume of 8,383 shares, the short-interest ratio is currently 0.7 days. Approximately 2.0% of the shares of the stock are short sold.

Simplify Tara India Opportunities ETF Stock Performance

Shares of IOPP opened at $25.80 on Friday. The stock has a fifty day moving average price of $25.55 and a two-hundred day moving average price of $25.51. Simplify Tara India Opportunities ETF has a 52-week low of $22.69 and a 52-week high of $28.40. The company has a market cap of $7.22 million, a price-to-earnings ratio of 36.40 and a beta of 0.27.

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.