Short Interest in Simplify Tara India Opportunities ETF (NYSEARCA:IOPP) Rises By 68.0%

Simplify Tara India Opportunities ETF (NYSEARCA:IOPP) saw a significant increase in short interest in August. As of August 14th, there was short interest totaling 205 shares, an increase of 68.0% from the July 30th total of 122 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average trading volume of 1,701 shares, the days-to-cover ratio is currently 0.1 days.

Simplify Tara India Opportunities ETF Price Performance

NYSEARCA:IOPP traded down $0.05 during trading hours on Tuesday, reaching $26.99. The company had a trading volume of 117 shares, compared to its average volume of 2,152. Simplify Tara India Opportunities ETF has a 1-year low of $22.69 and a 1-year high of $28.40. The business’s 50 day moving average price is $26.51 and its 200-day moving average price is $25.59. The firm has a market cap of $7.56 million, a PE ratio of 36.40 and a beta of 0.26.

About Simplify Tara India Opportunities ETF

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.