The India Fund, Inc. (NYSE:IFN) Sees Significant Increase in Short Interest

The India Fund, Inc. (NYSE:IFN) Sees Significant Increase in Short Interest

The India Fund, Inc. (NYSE:IFN - Get Free Report) saw a significant increase in short interest during the month of March. As of March 31st, there was short interest totalling 191,800 shares, an increase of 18.1% from the March 15th total of 162,400 shares. Approximately 0.6% of the company's stock are short sold. Based on an average daily trading volume, of 206,300 shares, the days-to-cover ratio is presently 0.9 days.