WisdomTree India Earnings Fund (NYSEARCA:EPI) Sees Significant Increase in Short Interest

WisdomTree India Earnings Fund (NYSEARCA:EPI) was the recipient of a large increase in short interest in the month of March. As of March 31st, there was short interest totaling 2,046,353 shares, an increase of 42.1% from the March 15th total of 1,439,679 shares. Approximately 3.9% of the company’s shares are sold short. Based on an average daily trading volume, of 1,572,499 shares, the short-interest ratio is presently 1.3 days.

Institutional Trading of WisdomTree India Earnings Fund

Several institutional investors and hedge funds have recently bought and sold shares of the stock. International Assets Investment Management LLC bought a new stake in shares of WisdomTree India Earnings Fund in the 4th quarter valued at approximately $29,000. Advisory Services Network LLC bought a new stake in shares of WisdomTree India Earnings Fund in the 3rd quarter valued at approximately $48,000. Farther Finance Advisors LLC grew its stake in shares of WisdomTree India Earnings Fund by 120.7% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,225 shares of the exchange traded fund’s stock valued at $54,000 after buying an additional 670 shares in the last quarter. Turning Point Benefit Group Inc. bought a new stake in shares of WisdomTree India Earnings Fund in the 3rd quarter valued at approximately $57,000. Finally, MAI Capital Management grew its stake in shares of WisdomTree India Earnings Fund by 616.5% in the 3rd quarter. MAI Capital Management now owns 1,433 shares of the exchange traded fund’s stock valued at $63,000 after buying an additional 1,233 shares in the last quarter.

WisdomTree India Earnings Fund Price Performance

NYSEARCA EPI traded up $0.35 on Tuesday, hitting $43.34. 825,392 shares of the company were exchanged, compared to its average volume of 1,010,820. The company’s 50 day moving average price is $43.35 and its 200-day moving average price is $44.84. The firm has a market capitalization of $2.25 billion, a P/E ratio of 18.68 and a beta of 0.45. WisdomTree India Earnings Fund has a twelve month low of $39.40 and a twelve month high of $47.67.

About WisdomTree India Earnings Fund

WisdomTree India Earnings Fund (The Fund) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree India Earnings Index. The Index measures the performance of profitable companies incorporated and traded in India that are eligible to be purchased by foreign investors and that meet specific criteria developed by WisdomTree Investments.