WisdomTree India Hedged Equity Fund (NASDAQ:INDH) Shares Shorted: Short Interest Down 59.1% in September

WisdomTree India Hedged Equity Fund (NASDAQ:INDH) saw a large drop in short interest in the month of September. As of September 15th, there was short interest totaling 925 shares, a drop of 59.1% from the August 31st total of 2,261 shares. Approximately 0.6% of the shares of the company are short sold. Based on an average daily trading volume, of 740 shares, the short-interest ratio is currently 1.2 days.

WisdomTree India Hedged Equity Fund Stock Performance

WisdomTree India Hedged Equity Fund stock traded down $0.39 during mid-day trading on Monday, reaching $37.43. The company’s stock had a trading volume of 129 shares, compared to its average volume of 1,193. The firm’s fifty day moving average price is $38.95 and its two-hundred day moving average price is $39.08. WisdomTree India Hedged Equity Fund has a 12-month low of $37.13 and a 12-month high of $45.00. The company has a market capitalization of $5.61 million, a P/E ratio of 26.53 and a beta of 0.41.

About WisdomTree India Hedged Equity Fund

The WisdomTree India Hedged Equity Fund (INDH) is an exchange-traded fund that is based on the WisdomTree India Hedged Equity index. The fund tracks a market-cap weighted index comprised of the 75 largest companies in India. The fund employs currency hedging strategies to protect against fluctuations between the Indian Rupee and the US Dollar INDH was launched on May 9, 2024 and is issued by WisdomTree.