Vident U.S. Bond Strategy ETF (NYSEARCA:VBND) Sees Significant Decrease in Short Interest

Vident U.S. Bond Strategy ETF (NYSEARCA:VBND) was the target of a large decrease in short interest in January. As of January 15th, there was short interest totaling 35,569 shares, a decrease of 31.8% from the December 31st total of 52,122 shares. Based on an average daily volume of 47,288 shares, the days-to-cover ratio is presently 0.8 days. Approximately 0.3% of the shares of the company are short sold. Approximately 0.3% of the shares of the company are short sold. Based on an average daily volume of 47,288 shares, the days-to-cover ratio is presently 0.8 days.

Hedge Funds Weigh In On Vident U.S. Bond Strategy ETF

A hedge fund recently bought a new stake in Vident U.S. Bond Strategy ETF stock. Strategic Blueprint LLC acquired a new position in Vident U.S. Bond Strategy ETF (NYSEARCA:VBND) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 5,941 shares of the company’s stock, valued at approximately $259,000. Strategic Blueprint LLC owned 0.06% of Vident U.S. Bond Strategy ETF as of its most recent filing with the Securities & Exchange Commission.

Vident U.S. Bond Strategy ETF Price Performance

Shares of NYSEARCA VBND traded down $0.02 during mid-day trading on Friday, hitting $44.03. The stock had a trading volume of 31,220 shares, compared to its average volume of 33,381. The company has a 50 day moving average of $44.09 and a two-hundred day moving average of $44.07. Vident U.S. Bond Strategy ETF has a twelve month low of $42.47 and a twelve month high of $45.62.

Vident U.S. Bond Strategy ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, January 22nd. Investors of record on Wednesday, January 21st were issued a dividend of $0.1198 per share. This represents a c) annualized dividend and a dividend yield of 3.3%. The ex-dividend date of this dividend was Wednesday, January 21st.

Vident U.S. Bond Strategy ETF Company Profile

The Vident Core U.S. Bond Strategy ETF (VBND) is an exchange-traded fund that is based on the Vident Core U.S. Bond index. The fund tracks a multi-factor-weighted USD bond index that is based on sector tail risk, security valuation, and issuer corporate governance. VBND was launched on Oct 16, 2014 and is managed by Vident.