Short Interest in Vident U.S. Bond Strategy ETF (NYSEARCA:VBND) Rises By 92.0%

Vident U.S. Bond Strategy ETF (NYSEARCA:VBND) was the target of a significant growth in short interest in August. As of August 31st, there was short interest totaling 36,915 shares, a growth of 92.0% from the August 15th total of 19,228 shares. Based on an average daily volume of 17,638 shares, the short-interest ratio is currently 2.1 days. Approximately 0.3% of the company’s stock are sold short.

Vident U.S. Bond Strategy ETF Stock Performance

Shares of VBND traded down $0.03 during mid-day trading on Thursday, reaching $42.37. The company had a trading volume of 5,553 shares, compared to its average volume of 24,739. The firm has a 50-day moving average price of $42.96 and a 200 day moving average price of $43.40. Vident U.S. Bond Strategy ETF has a 52 week low of $41.40 and a 52 week high of $45.25.

Vident U.S. Bond Strategy ETF Increases Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, September 18th. Shareholders of record on Thursday, September 17th will be paid a dividend of $0.1734 per share. The ex-dividend date is Thursday, September 17th. This is a positive change from Vident U.S. Bond Strategy ETF’s previous monthly dividend of $0.16. This represents a c) dividend on an annualized basis and a yield of 4.9%.

Vident U.S. Bond Strategy ETF Company Profile

The Vident Core U.S. Bond Strategy ETF (VBND) is an exchange-traded fund that is based on the Vident Core U.S. Bond index. The fund tracks a multi-factor-weighted USD bond index that is based on sector tail risk, security valuation, and issuer corporate governance. VBND was launched on Oct 16, 2014 and is managed by Vident.