The Opal International Dividend Income ETF (BATS:IDVZ) Short Interest Update

The Opal International Dividend Income ETF (BATS:IDVZ) was the recipient of a large decline in short interest in May. As of May 15th, there was short interest totaling 16,001 shares, a decline of 66.2% from the April 30th total of 47,289 shares. Currently, 0.5% of the shares of the stock are short sold. Based on an average daily volume of 13,162 shares, the short-interest ratio is currently 1.2 days.

Opal International Dividend Income ETF Stock Down 0.9%

Opal International Dividend Income ETF stock opened at $34.41 on Friday. The company has a market capitalization of $101.51 million and a PE ratio of 12.70. The firm has a fifty day simple moving average of $34.45 and a two-hundred day simple moving average of $33.30. Opal International Dividend Income ETF has a twelve month low of $26.09 and a twelve month high of $37.98.

Hedge Funds Weigh In On Opal International Dividend Income ETF

Several hedge funds and other institutional investors have recently modified their holdings of IDVZ. Thrivent Financial for Lutherans purchased a new position in shares of Opal International Dividend Income ETF during the third quarter valued at about $536,000. Citadel Advisors LLC increased its position in shares of Opal International Dividend Income ETF by 592.1% during the third quarter. Citadel Advisors LLC now owns 47,340 shares of the company’s stock valued at $1,456,000 after buying an additional 40,500 shares during the period. Finally, 49 Wealth Management LLC increased its position in shares of Opal International Dividend Income ETF by 12.7% during the third quarter. 49 Wealth Management LLC now owns 3,152,328 shares of the company’s stock valued at $96,982,000 after buying an additional 354,134 shares during the period.

About Opal International Dividend Income ETF

The Opal International Dividend Income ETF (IDVZ) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund is actively managed investing in dividend paying companies in the global ex-US space. It aims for capital appreciation and a higher dividend yield compared to the MSCI ACWI ex USA High Dividend Yield Total Return Index IDVZ was launched on Dec 26, 2024 and is issued by OPAL.