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. Based on an average daily volume of 255 shares, the short-interest ratio is presently 0.8 days. Approximately 0.1% of the company’s shares are sold short.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Simplify Tara India Opportunities ETF stock. Citadel Advisors LLC increased its holdings in Simplify Tara India Opportunities ETF (NYSEARCA:IOPP) by 13.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 22,991 shares of the company’s stock after acquiring an additional 2,718 shares during the period. Citadel Advisors LLC owned about 8.21% of Simplify Tara India Opportunities ETF worth $596,000 at the end of the most recent reporting period.

Simplify Tara India Opportunities ETF Trading Up 0.6%

NYSEARCA:IOPP traded up $0.15 during trading hours on Friday, hitting $26.18. 315 shares of the stock traded hands, 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. The firm has a market cap of $7.33 million, a price-to-earnings ratio of 36.40 and a beta of 0.26. Simplify Tara India Opportunities ETF has a fifty-two week low of $22.69 and a fifty-two week high of $28.40.

Simplify Tara India Opportunities ETF Company Profile

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.