WisdomTree India Earnings Fund (NYSEARCA:EPI) Sees Large Increase in Short Interest

WisdomTree India Earnings Fund (NYSEARCA:EPI) was the target of a large growth in short interest in July. As of July 15th, there was short interest totaling 1,789,003 shares, a growth of 115.8% from the June 30th total of 829,018 shares. Currently, 3.7% of the shares of the stock are sold short. Based on an average daily volume of 375,140 shares, the days-to-cover ratio is currently 4.8 days.

Institutional Investors Weigh In On WisdomTree India Earnings Fund

A number of hedge funds and other institutional investors have recently bought and sold shares of EPI. RFG Advisory LLC grew its holdings in shares of WisdomTree India Earnings Fund by 4.8% during the first quarter. RFG Advisory LLC now owns 5,267 shares of the exchange traded fund’s stock worth $215,000 after purchasing an additional 240 shares during the last quarter. D.A. Davidson & CO. increased its position in WisdomTree India Earnings Fund by 2.8% in the 4th quarter. D.A. Davidson & CO. now owns 9,838 shares of the exchange traded fund’s stock valued at $455,000 after acquiring an additional 272 shares in the last quarter. Trust Co. of Toledo NA OH raised its stake in shares of WisdomTree India Earnings Fund by 14.2% in the fourth quarter. Trust Co. of Toledo NA OH now owns 2,464 shares of the exchange traded fund’s stock worth $114,000 after acquiring an additional 306 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in WisdomTree India Earnings Fund by 1.8% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 20,552 shares of the exchange traded fund’s stock valued at $953,000 after purchasing an additional 354 shares during the period. Finally, IFP Advisors Inc lifted its holdings in WisdomTree India Earnings Fund by 3.8% in the fourth quarter. IFP Advisors Inc now owns 10,818 shares of the exchange traded fund’s stock valued at $501,000 after buying an additional 399 shares during the period.

WisdomTree India Earnings Fund Stock Up 0.9%

NYSEARCA:EPI traded up $0.36 on Tuesday, reaching $42.72. The stock had a trading volume of 308,031 shares, compared to its average volume of 765,490. The company has a market capitalization of $2.05 billion, a P/E ratio of 18.68 and a beta of 0.46. WisdomTree India Earnings Fund has a 1-year low of $39.40 and a 1-year high of $47.20. The stock has a fifty day moving average price of $42.35 and a 200-day moving average price of $43.21.

WisdomTree India Earnings Fund Company Profile

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.