Short Interest in Vident International Equity Strategy ETF (NYSEARCA:VIDI) Declines By 43.9%

Vident International Equity Strategy ETF (NYSEARCA:VIDI) was the recipient of a significant decrease in short interest in the month of May. As of May 29th, there was short interest totaling 15,524 shares, a decrease of 43.9% from the May 14th total of 27,675 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 11,056 shares, the short-interest ratio is presently 1.4 days.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Vident International Equity Strategy ETF stock. Strategic Blueprint LLC boosted its position in Vident International Equity Strategy ETF (NYSEARCA:VIDI) by 1.5% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,850 shares of the company’s stock after buying an additional 330 shares during the period. Strategic Blueprint LLC owned approximately 0.20% of Vident International Equity Strategy ETF worth $770,000 at the end of the most recent quarter.

Vident International Equity Strategy ETF Stock Down 0.1%

Shares of VIDI stock traded down $0.06 during trading hours on Friday, reaching $40.38. The company’s stock had a trading volume of 41,818 shares, compared to its average volume of 25,965. The company has a market capitalization of $452.26 million, a price-to-earnings ratio of 9.79 and a beta of 0.76. Vident International Equity Strategy ETF has a fifty-two week low of $28.57 and a fifty-two week high of $41.67. The firm’s 50 day simple moving average is $39.18 and its 200-day simple moving average is $36.82.

Vident International Equity Strategy ETF Company Profile

The Vident International Equity Fund (VIDI) is an exchange-traded fund that is based on the Vident Core International Equity index. The fund tracks an index of companies from both developed and emerging markets, ex-US. The fund selects and weights its constituents in a tiered structure based on various risk and fundamental measures. VIDI was launched on Oct 29, 2013 and is managed by Vident.