WisdomTree India Hedged Equity Fund (NASDAQ:INDH – Get Free Report) was the target of a large decrease in short interest during the month of March. As of March 15th, there was short interest totalling 1,900 shares, a decrease of 20.8% from the February 28th total of 2,400 shares. Approximately 0.7% of the shares of the company are short sold. Based on an average daily trading volume, of 1,400 shares, the short-interest ratio is presently 1.4 days.
Institutional Trading of WisdomTree India Hedged Equity Fund
A number of institutional investors and hedge funds have recently made changes to their positions in INDH. Jane Street Group LLC increased its position 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 worth $1,253,000 after buying an additional 12,668 shares during the period. OLD Mission Capital LLC grew its position in shares of WisdomTree India Hedged Equity Fund by 99.4% during the fourth quarter. OLD Mission Capital LLC now owns 48,831 shares of the company’s stock worth $2,040,000 after acquiring an additional 24,343 shares during the last quarter. Finally, Sanctuary Advisors LLC bought a new position in shares of WisdomTree India Hedged Equity Fund during the fourth quarter worth about $475,000.
WisdomTree India Hedged Equity Fund Stock Down 0.6 %
INDH opened at $41.00 on Monday. The company’s 50-day moving average price is $40.45 and its 200 day moving average price is $42.10. WisdomTree India Hedged Equity Fund has a fifty-two week low of $38.73 and a fifty-two week high of $45.82. The firm has a market cap of $11.48 million and a price-to-earnings ratio of 23.69.
WisdomTree India Hedged Equity Fund Company Profile
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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