WisdomTree India Hedged Equity Fund (NASDAQ:INDH – Get Free Report) saw a large drop in short interest during the month of March. As of March 15th, there was short interest totalling 1,900 shares, a drop of 20.8% from the February 28th total of 2,400 shares. Currently, 0.7% of the shares of the company are sold short. Based on an average daily volume of 1,400 shares, the short-interest ratio is presently 1.4 days.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently bought and sold shares of the business. OLD Mission Capital LLC lifted its position in shares of WisdomTree India Hedged Equity Fund by 99.4% during the fourth quarter. OLD Mission Capital LLC now owns 48,831 shares of the company’s stock worth $2,040,000 after acquiring an additional 24,343 shares in the last quarter. Jane Street Group LLC boosted its stake in WisdomTree India Hedged Equity Fund by 73.2% in the 4th quarter. Jane Street Group LLC now owns 29,983 shares of the company’s stock worth $1,253,000 after purchasing an additional 12,668 shares during the period. Finally, Sanctuary Advisors LLC purchased a new position in WisdomTree India Hedged Equity Fund during the 4th quarter valued at about $475,000.
WisdomTree India Hedged Equity Fund Stock Performance
NASDAQ:INDH traded down $0.02 during trading hours on Wednesday, reaching $40.83. The stock had a trading volume of 186 shares, compared to its average volume of 1,326. WisdomTree India Hedged Equity Fund has a 12-month low of $38.73 and a 12-month high of $45.82. The stock has a 50 day simple moving average of $40.45 and a 200 day simple moving average of $42.05. The stock has a market cap of $11.43 million and a P/E ratio of 23.69.
WisdomTree India Hedged Equity Fund Company Profile
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.
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