INQQ The India Internet ETF (INQQ)India Equity | Exchange Traded Fund | NYSEArca
13.23 USD
+0.34
(2.638%)
⇧
(April 17, 2026, 3:59 p.m.
EDT)
After hours: 12.92 -0.31 (-0.310%) ⇩ (April 17, 2026, 6:24 p.m. EDT) Short-term: ★★★☆☆ | Long-term: ★★☆☆☆ | Dividends: ★☆☆☆☆ |
Hot Take | April 19, 2026, 12:30 a.m. EDT
The instrument shows signs of a value trap amidst a strong near-term price bounce and high implied volatility skew on out-of-the-money calls. While the price has recovered above rolling averages recently, the fundamentals remain problematic with negative predicted returns from statistical models (-1%), a deteriorating technical relationship versus the 200-day average (-11%), and a dividend yield of 1.28% driven by highly concentrated recent payouts and zeros elsewhere, which is insufficient for a strategic holding in this sector. The options flow suggests speculative bullishness centered far away from current prices, indicating a 'hope' scenario rather than a safe entry, reinforcing caution for a multi-year hold. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.074382 |
| AutoARIMA | 0.075293 |
| AutoETS | 0.075298 |
| AutoTheta | 0.076870 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 41% |
| H-stat | 34.64 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.183 |
| Excess Kurtosis | -1.30 |
| Attribute | Value |
|---|---|
| Trailing P/E | 45.12 |
As of April 19, 2026, 12:30 a.m. EDT: Options positioning is heavily skewed to the upside, with Options Open Interest (OI) concentrated almost entirely out-of-the-money (92% OI at OTM strikes) surrounding June/July expirations. Significant call OI is noted at strikes of 16.82 and 17.82, both well above current prices, indicating zero-cost collar builders or sellers hedging distant upside potential rather than buyers speculating on quick near-term gains. The implied volatility (IV) for these strikes is elevated (42-49%) compared to the ATMF level of 6%, suggesting marketmakers are pricing in lower probability for these distant strikes or accounts for a lack of recent liquidity flow. Crucially, there is no put activity data available, creating an information vacuum on downside protection or bearish sentiment, though the absence of put OI suggests a lack of organized bearish positioning.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 2.23% | 2.23% | — | — |
| Date | Dividend | Yield % |
|---|---|---|
| 2025-12-30 | 0.328 | 2.228110 |
| 2024-12-30 | 0.190 | 1.201750 |
| 2023-12-26 | 0.006 | 0.045131 |
| Attribute | Value |
|---|---|
| All Time High | 17.34 |
| All Time Low | 9.53 |
| Ask | 13.29 |
| Ask Size | 100 |
| Average Daily Volume10 Day | 21,980 |
| Average Daily Volume3 Month | 31,559 |
| Average Volume | 31,559 |
| Average Volume10Days | 21,980 |
| Beta3 Year | 0.4 |
| Bid | 12.6 |
| Bid Size | 4,600 |
| Category | India Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 13.365 |
| Day Low | 13.22 |
| Dividend Yield | 1.28 |
| Eps Trailing Twelve Months | 0.29321158 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 12.61172 |
| Fifty Day Average Change | 0.61827946 |
| Fifty Day Average Change Percent | 0.0490242 |
| Fifty Two Week Change Percent | -12.5 |
| Fifty Two Week High | 16.671 |
| Fifty Two Week High Change | -3.441 |
| Fifty Two Week High Change Percent | -0.20640634 |
| Fifty Two Week Low | 11.251 |
| Fifty Two Week Low Change | 1.9789991 |
| Fifty Two Week Low Change Percent | 0.1758954 |
| Fifty Two Week Range | 11.251 - 16.671 |
| First Trade Date Milliseconds | 1,649,251,800,000 |
| Full Exchange Name | NYSEArca |
| Fund Family | Exchange Traded Concepts |
| Fund Inception Date | 1,649,116,800 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund invests in securities comprising the index or in depositary receipts representing securities of the index. The index was designed by the index Provider to measure the performance of an investable universe of publicly-traded, Indian internet and ecommerce companies. The fund is non-diversified. |
| Long Name | INQQ The India Internet ETF |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_1684932239 |
| Nav Price | 13.04 |
| Net Assets | 43,354,104.0 |
| Net Expense Ratio | 0.86 |
| Open | 13.14 |
| Phone | +1 405 7788377 |
| Post Market Change | -0.30999947 |
| Post Market Change Percent | -2.3431556 |
| Post Market Price | 12.92 |
| Post Market Time | 1,776,464,657 |
| Previous Close | 12.8899 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.340099 |
| Regular Market Change Percent | 2.63849 |
| Regular Market Day High | 13.365 |
| Regular Market Day Low | 13.22 |
| Regular Market Day Range | 13.22 - 13.365 |
| Regular Market Open | 13.14 |
| Regular Market Previous Close | 12.8899 |
| Regular Market Price | 13.23 |
| Regular Market Time | 1,776,455,998 |
| Regular Market Volume | 15,571 |
| Short Name | INQQ The India Internet ETF |
| Source Interval | 15 |
| Symbol | INQQ |
| Three Year Average Return | 0.1058176 |
| Total Assets | 43,354,104 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing P E | 45.121 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -23.71274 |
| Trailing Three Month Returns | -23.71274 |
| Triggerable | 1 |
| Two Hundred Day Average | 14.85425 |
| Two Hundred Day Average Change | -1.6242504 |
| Two Hundred Day Average Change Percent | -0.10934584 |
| Type Disp | ETF |
| Volume | 15,571 |
| Yield | 0.0128 |
| Ytd Return | -23.71274 |