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

The Opal International Dividend Income ETF (BATS:IDVZ) was the target of a significant increase in short interest during the month of May. As of May 29th, there was short interest totaling 55,049 shares, an increase of 244.0% from the May 14th total of 16,001 shares. Based on an average daily volume of 18,273 shares, the short-interest ratio is currently 3.0 days. Approximately 1.9% of the shares of the company are short sold.

Opal International Dividend Income ETF Stock Down 0.3%

BATS IDVZ opened at $34.00 on Thursday. The firm’s 50-day simple moving average is $34.67 and its two-hundred day simple moving average is $33.50. Opal International Dividend Income ETF has a 52 week low of $26.09 and a 52 week high of $37.98. The company has a market cap of $100.30 million and a PE ratio of 12.70.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. 49 Wealth Management LLC increased its position in shares of Opal International Dividend Income ETF by 16.2% during the 4th quarter. 49 Wealth Management LLC now owns 3,664,407 shares of the company’s stock valued at $116,455,000 after purchasing an additional 512,079 shares during the last quarter. Citadel Advisors LLC raised its stake in Opal International Dividend Income ETF by 592.1% in the third quarter. Citadel Advisors LLC now owns 47,340 shares of the company’s stock worth $1,456,000 after buying an additional 40,500 shares in the last quarter. Finally, Thrivent Financial for Lutherans bought a new position in Opal International Dividend Income ETF in the third quarter worth $536,000.

Opal International Dividend Income ETF Company Profile

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.