Simplify Tara India Opportunities ETF (NYSEARCA:IOPP) Short Interest Up 2,353.6% in July

Simplify Tara India Opportunities ETF (NYSEARCA:IOPP) saw a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 5,496 shares, an increase of 2,353.6% from the June 30th total of 224 shares. Based on an average daily trading volume, of 8,383 shares, the days-to-cover ratio is presently 0.7 days. Approximately 2.0% of the company’s shares are short sold.

Simplify Tara India Opportunities ETF Price Performance

NYSEARCA IOPP traded up $0.17 during mid-day trading on Friday, reaching $25.80. 609 shares of the stock were exchanged, compared to its average volume of 2,075. Simplify Tara India Opportunities ETF has a one year low of $22.69 and a one year high of $28.40. The stock has a 50 day simple moving average of $25.53 and a 200-day simple moving average of $25.51. The stock has a market cap of $7.22 million, a P/E ratio of 36.40 and a beta of 0.27.

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.