Short Interest in Vanguard International High Dividend Yield ETF (NASDAQ:VYMI) Drops By 32.4%

Vanguard International High Dividend Yield ETF (NASDAQ:VYMI) saw a large decrease in short interest in the month of December. As of December 15th, there was short interest totalling 285,800 shares, a decrease of 32.4% from the November 30th total of 422,800 shares. Based on an average daily volume of 330,500 shares, the short-interest ratio is presently 0.9 days.

Vanguard International High Dividend Yield ETF Price Performance

Shares of NASDAQ VYMI traded down $0.16 during mid-day trading on Friday, hitting $68.07. The company’s stock had a trading volume of 336,563 shares, compared to its average volume of 361,021. The stock has a market cap of $7.56 billion, a price-to-earnings ratio of 9.68 and a beta of 0.81. The company’s fifty day simple moving average is $70.22 and its 200-day simple moving average is $70.56. Vanguard International High Dividend Yield ETF has a one year low of $64.09 and a one year high of $74.28.

Vanguard International High Dividend Yield ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 24th. Stockholders of record on Friday, December 20th were given a $0.9647 dividend. This is a positive change from Vanguard International High Dividend Yield ETF’s previous quarterly dividend of $0.70. This represents a $3.86 annualized dividend and a dividend yield of 5.67%. The ex-dividend date of this dividend was Friday, December 20th.

Hedge Funds Weigh In On Vanguard International High Dividend Yield ETF

Several institutional investors have recently modified their holdings of VYMI. Abound Wealth Management boosted its position in shares of Vanguard International High Dividend Yield ETF by 2,684.6% during the second quarter. Abound Wealth Management now owns 362 shares of the company’s stock worth $25,000 after purchasing an additional 349 shares in the last quarter. Eastern Bank acquired a new position in Vanguard International High Dividend Yield ETF in the third quarter valued at about $29,000. Blue Trust Inc. acquired a new stake in shares of Vanguard International High Dividend Yield ETF during the third quarter worth about $44,000. Kimelman & Baird LLC bought a new position in shares of Vanguard International High Dividend Yield ETF during the 2nd quarter valued at about $48,000. Finally, National Bank of Canada FI grew its position in shares of Vanguard International High Dividend Yield ETF by 154.7% in the 2nd quarter. National Bank of Canada FI now owns 917 shares of the company’s stock valued at $63,000 after purchasing an additional 557 shares during the period.

Vanguard International High Dividend Yield ETF Company Profile

The Vanguard International High Dividend Yield ETF (VYMI) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund tracks a market-cap-weighted index of developed and emerging market firms (ex-US) that are expected to pay above average dividends over the next 12 months. VYMI was launched on Feb 25, 2016 and is managed by Vanguard.