Vanguard International High Dividend Yield ETF (NASDAQ:VYMI) Sees Significant Decline in Short Interest

Vanguard International High Dividend Yield ETF (NASDAQ:VYMI) was the target of a significant decline in short interest in April. As of April 30th, there was short interest totaling 279,019 shares, a decline of 56.8% from the April 15th total of 646,321 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average trading volume of 940,964 shares, the short-interest ratio is presently 0.3 days.

Vanguard International High Dividend Yield ETF Stock Performance

VYMI stock traded down $1.15 during trading on Friday, reaching $98.42. 478,950 shares of the company were exchanged, compared to its average volume of 1,391,958. The company has a market cap of $18.81 billion, a P/E ratio of 12.06 and a beta of 0.61. Vanguard International High Dividend Yield ETF has a 52-week low of $77.46 and a 52-week high of $101.71. The stock’s 50 day moving average price is $96.44 and its 200 day moving average price is $93.35.

Vanguard International High Dividend Yield ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 24th. Investors of record on Friday, March 20th were issued a dividend of $0.708 per share. The ex-dividend date of this dividend was Friday, March 20th. This represents a $2.83 dividend on an annualized basis and a yield of 2.9%.

Institutional Trading of Vanguard International High Dividend Yield ETF

Institutional investors have recently added to or reduced their stakes in the stock. Strive Financial Group LLC purchased a new stake in Vanguard International High Dividend Yield ETF during the fourth quarter worth about $25,000. EPG Wealth Management LLC raised its position in Vanguard International High Dividend Yield ETF by 91.4% during the third quarter. EPG Wealth Management LLC now owns 312 shares of the company’s stock worth $26,000 after acquiring an additional 149 shares during the last quarter. Game Plan Financial Advisors LLC acquired a new position in Vanguard International High Dividend Yield ETF during the fourth quarter worth about $30,000. Triumph Capital Management acquired a new position in Vanguard International High Dividend Yield ETF during the third quarter worth about $32,000. Finally, AG Campbell Advisory LLC acquired a new position in Vanguard International High Dividend Yield ETF during the fourth quarter worth about $39,000.

Vanguard International High Dividend Yield ETF Company Profile

The Vanguard International High Dividend Yield ETF (VYMI) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund tracks a market-cap-weighted index of developed and emerging market firms (ex-US) that are expected to pay above average dividends over the next 12 months. VYMI was launched on Feb 25, 2016 and is managed by Vanguard.