Short Interest in Simplify Tara India Opportunities ETF (NYSEARCA:IOPP) Declines By 34.0%

Simplify Tara India Opportunities ETF (NYSEARCA:IOPP) was the target of a large drop in short interest in February. As of February 27th, there was short interest totaling 1,336 shares, a drop of 34.0% from the February 12th total of 2,023 shares. Currently, 0.4% of the shares of the stock are short sold. Based on an average daily volume of 728 shares, the days-to-cover ratio is presently 1.8 days. Based on an average daily volume of 728 shares, the days-to-cover ratio is presently 1.8 days. Currently, 0.4% of the shares of the stock are short sold.

Simplify Tara India Opportunities ETF Stock Down 1.4%

Shares of NYSEARCA IOPP traded down $0.34 during midday trading on Friday, hitting $23.99. The company had a trading volume of 2,504 shares, compared to its average volume of 1,902. The firm has a market capitalization of $7.68 million, a price-to-earnings ratio of 36.40 and a beta of -0.13. Simplify Tara India Opportunities ETF has a twelve month low of $23.53 and a twelve month high of $28.40. The business has a 50-day simple moving average of $26.26 and a two-hundred day simple moving average of $26.93.

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.