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

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

Simplify Tara India Opportunities ETF Trading Down 1.4%

Shares of NYSEARCA IOPP traded down $0.34 during trading hours on Friday, reaching $23.99. The stock had a trading volume of 2,504 shares, compared to its average volume of 1,902. The firm has a market cap 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 fifty-two week low of $23.53 and a fifty-two week high of $28.40. The firm has a 50-day moving average of $26.26 and a 200-day moving average of $26.94.

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.