WisdomTree India Hedged Equity Fund (NASDAQ:INDH) Short Interest Update

WisdomTree India Hedged Equity Fund (NASDAQ:INDH) was the recipient of a significant increase in short interest in the month of February. As of February 28th, there was short interest totalling 2,400 shares, an increase of 33.3% from the February 13th total of 1,800 shares. Currently, 0.9% of the company’s shares are sold short. Based on an average trading volume of 1,400 shares, the short-interest ratio is currently 1.7 days.

WisdomTree India Hedged Equity Fund Stock Performance

NASDAQ:INDH traded up $0.31 on Friday, reaching $39.78. The company’s stock had a trading volume of 328 shares, compared to its average volume of 1,443. WisdomTree India Hedged Equity Fund has a 1-year low of $38.73 and a 1-year high of $45.82. The firm has a market cap of $11.14 million and a PE ratio of 23.17. The business’s 50-day moving average price is $40.51 and its two-hundred day moving average price is $42.33.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Jane Street Group LLC grew its stake in WisdomTree India Hedged Equity Fund by 73.2% in the fourth quarter. Jane Street Group LLC now owns 29,983 shares of the company’s stock valued at $1,253,000 after acquiring an additional 12,668 shares during the period. OLD Mission Capital LLC grew its stake in WisdomTree India Hedged Equity Fund by 99.4% in the fourth quarter. OLD Mission Capital LLC now owns 48,831 shares of the company’s stock valued at $2,040,000 after acquiring an additional 24,343 shares during the period. Sanctuary Advisors LLC acquired a new position in WisdomTree India Hedged Equity Fund in the fourth quarter valued at about $475,000. Finally, Bank of Montreal Can grew its stake in WisdomTree India Hedged Equity Fund by 0.7% in the third quarter. Bank of Montreal Can now owns 926,797 shares of the company’s stock valued at $42,179,000 after acquiring an additional 6,238 shares during the period.

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.