Short Interest in Vanguard International High Dividend Yield ETF (NASDAQ:VYMI) Grows By 1,289.7%

Vanguard International High Dividend Yield ETF (NASDAQ:VYMI) was the recipient of a significant growth in short interest in the month of April. As of April 15th, there was short interest totaling 646,321 shares, a growth of 1,289.7% from the March 31st total of 46,507 shares. Based on an average daily trading volume, of 1,071,700 shares, the short-interest ratio is presently 0.6 days. Approximately 0.3% of the company’s shares are short sold.

Vanguard International High Dividend Yield ETF Stock Performance

Shares of NASDAQ:VYMI traded up $0.33 during mid-day trading on Friday, hitting $97.89. 887,797 shares of the company traded hands, compared to its average volume of 1,485,947. The firm’s 50 day simple moving average is $96.72 and its 200 day simple moving average is $91.95. Vanguard International High Dividend Yield ETF has a 52-week low of $74.65 and a 52-week high of $101.71. The firm has a market cap of $18.71 billion, a P/E ratio of 12.06 and a beta of 0.62.

Vanguard International High Dividend Yield ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 24th. Shareholders of record on Friday, March 20th were issued a dividend of $0.708 per share. This represents a $2.83 annualized dividend and a yield of 2.9%. The ex-dividend date of this dividend was Friday, March 20th.

Institutional Trading of Vanguard International High Dividend Yield ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Brighton Jones LLC acquired a new stake in Vanguard International High Dividend Yield ETF during the fourth quarter worth about $237,000. Russell Investments Group Ltd. bought a new position in Vanguard International High Dividend Yield ETF in the second quarter worth about $96,000. Brown Advisory Inc. acquired a new position in Vanguard International High Dividend Yield ETF in the second quarter valued at approximately $374,000. Cerity Partners LLC grew its holdings in shares of Vanguard International High Dividend Yield ETF by 1.1% during the second quarter. Cerity Partners LLC now owns 35,988 shares of the company’s stock valued at $2,883,000 after purchasing an additional 376 shares during the last quarter. Finally, Squarepoint Ops LLC bought a new position in shares of Vanguard International High Dividend Yield ETF during the second quarter valued at approximately $1,071,000.

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.