Vanguard International Dividend Appreciation ETF (NASDAQ:VIGI) Sees Significant Growth in Short Interest

Vanguard International Dividend Appreciation ETF (NASDAQ:VIGI) was the target of a large increase in short interest in July. As of July 15th, there was short interest totaling 79,780 shares, an increase of 283.4% from the June 30th total of 20,809 shares. Based on an average daily volume of 274,787 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.1% of the company’s stock are sold short.

Institutional Trading of Vanguard International Dividend Appreciation ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. William Mack & Associates Inc. bought a new position in shares of Vanguard International Dividend Appreciation ETF in the 2nd quarter worth $294,000. Farrell Financial LLC bought a new stake in Vanguard International Dividend Appreciation ETF during the second quarter valued at about $212,000. Warner Financial Inc. boosted its position in Vanguard International Dividend Appreciation ETF by 3.2% during the second quarter. Warner Financial Inc. now owns 12,568 shares of the company’s stock valued at $1,174,000 after purchasing an additional 393 shares in the last quarter. Sapient Capital LLC purchased a new position in Vanguard International Dividend Appreciation ETF in the second quarter valued at about $268,000. Finally, Professional Financial Advisors LLC grew its stake in Vanguard International Dividend Appreciation ETF by 13.9% in the second quarter. Professional Financial Advisors LLC now owns 26,407 shares of the company’s stock valued at $2,466,000 after purchasing an additional 3,229 shares during the last quarter.

Vanguard International Dividend Appreciation ETF Stock Performance

Shares of VIGI opened at $96.20 on Tuesday. The company has a 50 day moving average price of $94.06 and a 200-day moving average price of $92.83. Vanguard International Dividend Appreciation ETF has a fifty-two week low of $85.23 and a fifty-two week high of $96.60. The stock has a market capitalization of $8.98 billion, a PE ratio of 21.41 and a beta of 0.70.

Vanguard International Dividend Appreciation ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 23rd. Investors of record on Thursday, June 18th were paid a $0.5337 dividend. The ex-dividend date of this dividend was Thursday, June 18th. This represents a $2.13 dividend on an annualized basis and a yield of 2.2%.

Vanguard International Dividend Appreciation ETF Company Profile

The Vanguard International Dividend Appreciation ETF (VIGI) is an exchange-traded fund that is based on the S&P Global Ex-U.S. Dividend Growers index, a market-cap-weighted index of developed and emerging market firms (ex-US) that have increased their annual dividends for seven consecutive years. VIGI was launched on Feb 25, 2016 and is managed by Vanguard.