Short Interest in Xtrackers Nifty 500 India ETF (NASDAQ:IND) Drops By 37.7%

Xtrackers Nifty 500 India ETF (NASDAQ:IND) was the target of a large decrease in short interest in the month of August. As of August 14th, there was short interest totaling 8,941 shares, a decrease of 37.7% from the July 30th total of 14,357 shares. Approximately 4.5% of the shares of the stock are short sold. Based on an average daily trading volume, of 1,318 shares, the days-to-cover ratio is currently 6.8 days.

Xtrackers Nifty 500 India ETF Price Performance

Shares of NASDAQ:IND remained flat at $23.08 during midday trading on Wednesday. The stock had a trading volume of 418 shares, compared to its average volume of 2,097. The company has a 50-day simple moving average of $22.92 and a two-hundred day simple moving average of $22.85. Xtrackers Nifty 500 India ETF has a 52-week low of $20.51 and a 52-week high of $27.40.

Xtrackers Nifty 500 India ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Friday, June 26th. Shareholders of record on Thursday, June 18th were issued a dividend of $0.0778 per share. This represents a yield of 68.0%. The ex-dividend date of this dividend was Thursday, June 18th.