Short Interest in The Opal International Dividend Income ETF (BATS:IDVZ) Declines By 85.9%

The Opal International Dividend Income ETF (BATS:IDVZ) was the target of a large decrease in short interest in July. As of July 31st, there was short interest totaling 37,168 shares, a decrease of 85.9% from the July 15th total of 262,985 shares. Currently, 1.3% of the company’s shares are short sold. Based on an average trading volume of 21,361 shares, the days-to-cover ratio is currently 1.7 days.

Institutional Trading of Opal International Dividend Income ETF

An institutional investor recently raised its stake in Opal International Dividend Income ETF stock. Citadel Advisors LLC boosted its holdings in shares of The Opal International Dividend Income ETF (BATS:IDVZ) by 592.1% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 47,340 shares of the company’s stock after buying an additional 40,500 shares during the period. Citadel Advisors LLC owned approximately 1.31% of Opal International Dividend Income ETF worth $1,456,000 as of its most recent filing with the Securities and Exchange Commission.

Opal International Dividend Income ETF Stock Performance

Opal International Dividend Income ETF stock opened at $34.65 on Wednesday. Opal International Dividend Income ETF has a 52 week low of $27.33 and a 52 week high of $37.98. The firm has a market capitalization of $102.22 million and a price-to-earnings ratio of 12.70. The company has a 50 day moving average price of $34.58 and a 200 day moving average price of $34.45.

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.