WisdomTree India Hedged Equity Fund (NASDAQ:INDH – Get Free Report) was the recipient of a large 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. Approximately 1.3% of the shares of the stock are sold short. Based on an average daily trading volume, of 983 shares, the days-to-cover ratio is presently 2.0 days.
WisdomTree India Hedged Equity Fund Trading Down 0.0%
NASDAQ:INDH traded down $0.00 during trading hours on Friday, hitting $39.12. 25 shares of the stock were exchanged, 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 firm’s fifty day moving average price is $39.32 and its 200 day moving average price is $39.49. The company has a market cap of $5.87 million, a P/E ratio of 26.53 and a beta of 0.42.
Institutional Trading of WisdomTree India Hedged Equity Fund
A hedge fund recently bought a new position in WisdomTree India Hedged Equity Fund stock. Citadel Advisors LLC acquired a new stake in WisdomTree India Hedged Equity Fund (NASDAQ:INDH – Free Report) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 19,544 shares of the company’s stock, valued at approximately $828,000. Citadel Advisors LLC owned approximately 13.03% of WisdomTree India Hedged Equity Fund as of its most recent filing with the Securities and Exchange Commission.
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.
Further Reading
- Five stocks we like better than WisdomTree India Hedged Equity Fund
- 3 Financial Stocks Positioned for the Fed’s Next Move After Jackson Hole
- IREN’s AI Pivot Looks Real, But the Market Wanted a Faster Payoff After Earnings
- Boeing’s $131B F-15 Win: Mach 1 Momentum or Just Altitude?
- Okta Stock Surges 29%—Is $200 the Next Stop?
Receive News & Ratings for WisdomTree India Hedged Equity Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for WisdomTree India Hedged Equity Fund and related companies with MarketBeat.com's FREE daily email newsletter.
