The Opal International Dividend Income ETF (BATS:IDVZ) Short Interest Update

The Opal International Dividend Income ETF (BATS:IDVZ) saw a large drop in short interest in June. As of June 15th, there was short interest totaling 26,855 shares, a drop of 51.2% from the May 31st total of 55,049 shares. Based on an average daily volume of 47,753 shares, the short-interest ratio is presently 0.6 days. Currently, 0.9% of the shares of the stock are short sold.

Institutional Investors Weigh In On Opal International Dividend Income ETF

A hedge fund recently raised its stake in Opal International Dividend Income ETF stock. 49 Wealth Management LLC boosted its position in The Opal International Dividend Income ETF (BATS:IDVZ) by 16.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,664,407 shares of the company’s stock after purchasing an additional 512,079 shares during the period. Opal International Dividend Income ETF accounts for about 9.5% of 49 Wealth Management LLC’s portfolio, making the stock its 4th biggest holding. 49 Wealth Management LLC owned about 90.03% of Opal International Dividend Income ETF worth $116,455,000 at the end of the most recent reporting period.

Opal International Dividend Income ETF Trading Down 1.6%

Shares of Opal International Dividend Income ETF stock opened at $33.82 on Thursday. The firm’s 50 day moving average is $34.66 and its 200 day moving average is $33.88. The firm has a market capitalization of $99.77 million and a PE ratio of 12.70. Opal International Dividend Income ETF has a 1 year low of $26.09 and a 1 year high of $37.98.

About Opal International Dividend Income ETF

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.