Vident International Equity Strategy ETF (NYSEARCA:VIDI) Sees Significant Decrease in Short Interest

Vident International Equity Strategy ETF (NYSEARCA:VIDI) was the recipient of a significant decline in short interest during the month of October. As of October 15th, there was short interest totaling 1,502 shares, a decline of 87.9% from the September 30th total of 12,387 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 63,295 shares, the days-to-cover ratio is currently 0.0 days.

Vident International Equity Strategy ETF Stock Performance

NYSEARCA VIDI opened at $39.50 on Thursday. The firm’s fifty day moving average price is $40.14 and its two-hundred day moving average price is $38.72. The stock has a market cap of $438.45 million, a PE ratio of 9.79 and a beta of 0.78. Vident International Equity Strategy ETF has a fifty-two week low of $32.20 and a fifty-two week high of $41.68.

Institutional Investors Weigh In On Vident International Equity Strategy ETF

An institutional investor recently raised its stake in Vident International Equity Strategy ETF stock. Farther Finance Advisors LLC boosted its position in Vident International Equity Strategy ETF (NYSEARCA:VIDI) by 2.2% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 16,485 shares of the company’s stock after purchasing an additional 350 shares during the period. Farther Finance Advisors LLC owned 0.15% of Vident International Equity Strategy ETF worth $653,000 at the end of the most recent quarter.

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.