WisdomTree India Earnings Fund (NYSEARCA:EPI) Short Interest Update

WisdomTree India Earnings Fund (NYSEARCA:EPI) was the target of a large drop in short interest during the month of May. As of May 29th, there was short interest totaling 728,433 shares, a drop of 40.2% from the May 14th total of 1,218,363 shares. Based on an average trading volume of 672,608 shares, the days-to-cover ratio is currently 1.1 days. Approximately 1.4% of the company’s shares are short sold.

WisdomTree India Earnings Fund Stock Up 1.7%

Shares of EPI traded up $0.70 during midday trading on Monday, reaching $42.77. The company had a trading volume of 473,497 shares, compared to its average volume of 861,014. WisdomTree India Earnings Fund has a 1-year low of $39.40 and a 1-year high of $47.67. The stock has a market cap of $2.18 billion, a PE ratio of 18.68 and a beta of 0.46. The firm has a 50 day simple moving average of $42.56 and a 200-day simple moving average of $43.93.

Hedge Funds Weigh In On WisdomTree India Earnings Fund

Several institutional investors and hedge funds have recently bought and sold shares of EPI. International Assets Investment Management LLC acquired a new position in WisdomTree India Earnings Fund in the 4th quarter valued at about $29,000. Advisory Services Network LLC acquired a new position in shares of WisdomTree India Earnings Fund in the 3rd quarter worth approximately $48,000. Turning Point Benefit Group Inc. acquired a new position in shares of WisdomTree India Earnings Fund in the 3rd quarter worth approximately $57,000. IAG Wealth Partners LLC boosted its position in shares of WisdomTree India Earnings Fund by 5,376.9% during the 1st quarter. IAG Wealth Partners LLC now owns 1,424 shares of the exchange traded fund’s stock worth $58,000 after purchasing an additional 1,398 shares during the period. Finally, MAI Capital Management boosted its position in shares of WisdomTree India Earnings Fund by 616.5% during the 3rd quarter. MAI Capital Management now owns 1,433 shares of the exchange traded fund’s stock worth $63,000 after purchasing an additional 1,233 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.