WisdomTree India Earnings Fund (NYSEARCA:EPI – Get Free Report) was the recipient of a significant drop in short interest during the month of May. As of May 29th, there was short interest totaling 728,433 shares, a drop of 40.2% from the May 14th total of 1,218,363 shares. Based on an average trading volume of 672,608 shares, the short-interest ratio is currently 1.1 days. Currently, 1.4% of the shares of the company are sold short.
Hedge Funds Weigh In On WisdomTree India Earnings Fund
A number of large investors have recently bought and sold shares of EPI. Meitav Investment House Ltd. raised its holdings in shares of WisdomTree India Earnings Fund by 9.5% during the first quarter. Meitav Investment House Ltd. now owns 3,480,035 shares of the exchange traded fund’s stock valued at $141,985,000 after buying an additional 301,826 shares during the last quarter. Bank of America Corp DE raised its holdings in shares of WisdomTree India Earnings Fund by 8.1% during the second quarter. Bank of America Corp DE now owns 2,689,972 shares of the exchange traded fund’s stock valued at $127,693,000 after buying an additional 200,526 shares during the last quarter. LPL Financial LLC raised its holdings in shares of WisdomTree India Earnings Fund by 0.8% during the fourth quarter. LPL Financial LLC now owns 1,840,160 shares of the exchange traded fund’s stock valued at $85,181,000 after buying an additional 13,750 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in shares of WisdomTree India Earnings Fund by 77.2% during the fourth quarter. JPMorgan Chase & Co. now owns 1,097,416 shares of the exchange traded fund’s stock valued at $50,799,000 after buying an additional 478,280 shares during the last quarter. Finally, Millburn Ridgefield LLC DE raised its holdings in shares of WisdomTree India Earnings Fund by 33.4% during the first quarter. Millburn Ridgefield LLC DE now owns 587,752 shares of the exchange traded fund’s stock valued at $23,980,000 after buying an additional 147,183 shares during the last quarter.
WisdomTree India Earnings Fund Stock Up 0.2%
Shares of NYSEARCA EPI opened at $42.87 on Wednesday. The firm’s 50-day moving average price is $42.64 and its two-hundred day moving average price is $43.88. WisdomTree India Earnings Fund has a 52-week low of $39.40 and a 52-week high of $47.67. The stock has a market capitalization of $2.19 billion, a P/E ratio of 18.68 and a beta of 0.46.
WisdomTree India Earnings Fund Company Profile
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.
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