WisdomTree India Earnings Fund (NYSEARCA:EPI) Short Interest Down 40.2% in May

WisdomTree India Earnings Fund (NYSEARCA:EPI) was the recipient of a large drop in short interest in 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 presently 1.1 days. Approximately 1.4% of the company’s shares are sold short.

WisdomTree India Earnings Fund Stock Up 0.2%

WisdomTree India Earnings Fund stock traded up $0.10 during trading hours on Tuesday, reaching $42.87. 335,824 shares of the company’s stock were exchanged, compared to its average volume of 856,407. The firm’s 50 day simple moving average is $42.60 and its 200 day simple moving average is $43.90. WisdomTree India Earnings Fund has a twelve month low of $39.40 and a twelve month high of $47.67. The firm has a market capitalization of $2.19 billion, a PE ratio of 18.68 and a beta of 0.46.

Institutional Trading of WisdomTree India Earnings Fund

A number of large investors have recently bought and sold shares of the business. Meitav Investment House Ltd. grew its holdings in WisdomTree India Earnings Fund by 9.5% during the 1st quarter. Meitav Investment House Ltd. now owns 3,480,035 shares of the exchange traded fund’s stock worth $141,985,000 after acquiring an additional 301,826 shares during the period. Bank of America Corp DE grew its stake in shares of WisdomTree India Earnings Fund by 8.1% in the 2nd 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 period. LPL Financial LLC grew its stake in shares of WisdomTree India Earnings Fund by 0.8% in the 4th 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 period. JPMorgan Chase & Co. grew its stake in shares of WisdomTree India Earnings Fund by 77.2% in the 4th 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 period. Finally, Millburn Ridgefield LLC DE grew its stake in shares of WisdomTree India Earnings Fund by 33.4% in the 1st 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 period.

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.