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

Vident International Equity Strategy ETF (NYSEARCA:VIDI) saw a large increase in short interest in the month of May. As of May 15th, there was short interest totaling 27,675 shares, an increase of 102.6% from the April 30th total of 13,663 shares. Based on an average daily volume of 12,771 shares, the days-to-cover ratio is currently 2.2 days. Currently, 0.2% of the shares of the stock are sold short.

Vident International Equity Strategy ETF Price Performance

Shares of Vident International Equity Strategy ETF stock traded up $0.29 during trading on Monday, hitting $41.55. The stock had a trading volume of 7,195 shares, compared to its average volume of 26,897. The business has a fifty day moving average of $38.21 and a two-hundred day moving average of $36.33. Vident International Equity Strategy ETF has a fifty-two week low of $28.57 and a fifty-two week high of $41.55. The firm has a market cap of $465.36 million, a P/E ratio of 9.79 and a beta of 0.75.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Jones Financial Companies Lllp grew its holdings in shares of Vident International Equity Strategy ETF by 27.7% during the third quarter. Jones Financial Companies Lllp now owns 21,363 shares of the company’s stock valued at $680,000 after buying an additional 4,636 shares in the last quarter. Strategic Blueprint LLC lifted its holdings in shares of Vident International Equity Strategy ETF by 1.5% in the fourth quarter. Strategic Blueprint LLC now owns 22,850 shares of the company’s stock valued at $770,000 after purchasing an additional 330 shares in the last quarter. Finally, Flow Traders U.S. LLC boosted its position in shares of Vident International Equity Strategy ETF by 211.5% during the third quarter. Flow Traders U.S. LLC now owns 187,165 shares of the company’s stock worth $6,006,000 after buying an additional 127,084 shares during the period.

About Vident International Equity Strategy ETF

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.