Short Interest in Simplify Tara India Opportunities ETF (NYSEARCA:IOPP) Declines By 34.8%

Simplify Tara India Opportunities ETF (NYSEARCA:IOPP) saw a significant decline in short interest during the month of December. As of December 15th, there was short interest totaling 1,365 shares, a decline of 34.8% from the November 30th total of 2,092 shares. Approximately 0.4% of the shares of the stock are short sold. Based on an average trading volume of 3,283 shares, the short-interest ratio is presently 0.4 days. Based on an average trading volume of 3,283 shares, the short-interest ratio is presently 0.4 days. Approximately 0.4% of the shares of the stock are short sold.

Simplify Tara India Opportunities ETF Price Performance

IOPP stock opened at $27.03 on Friday. Simplify Tara India Opportunities ETF has a 12 month low of $22.85 and a 12 month high of $28.40. The firm has a market capitalization of $8.65 million, a PE ratio of 36.40 and a beta of -0.13. The company’s 50 day simple moving average is $27.12 and its 200-day simple moving average is $27.27.

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.