WisdomTree India Hedged Equity Fund (NASDAQ:INDH – Get Free Report) was the recipient of a significant drop in short interest in August. As of August 14th, there was short interest totaling 2,007 shares, a drop of 60.8% from the July 30th total of 5,123 shares. Currently, 1.3% of the shares of the stock are sold short. Based on an average daily trading volume, of 983 shares, the short-interest ratio is currently 2.0 days.
Institutional Investors Weigh In On WisdomTree India Hedged Equity Fund
A hedge fund recently bought a new position in WisdomTree India Hedged Equity Fund stock. Citadel Advisors LLC purchased a new stake in WisdomTree India Hedged Equity Fund (NASDAQ:INDH – Free Report) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 19,544 shares of the company’s stock, valued at approximately $828,000. Citadel Advisors LLC owned about 13.03% of WisdomTree India Hedged Equity Fund as of its most recent filing with the Securities and Exchange Commission (SEC).
WisdomTree India Hedged Equity Fund Price Performance
NASDAQ INDH traded down $0.00 during trading hours on Friday, hitting $39.12. 25 shares of the company’s stock traded hands, compared to its average volume of 1,267. WisdomTree India Hedged Equity Fund has a 52-week low of $37.13 and a 52-week high of $45.00. The company has a market capitalization of $5.87 million, a PE ratio of 26.53 and a beta of 0.42. The firm’s 50-day moving average is $39.32 and its 200-day moving average is $39.49.
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.
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