The Opal International Dividend Income ETF (BATS:IDVZ) Short Interest Up 9,064.5% in April

The Opal International Dividend Income ETF (BATS:IDVZ) saw a large increase in short interest in the month of April. As of April 30th, there was short interest totaling 47,289 shares, an increase of 9,064.5% from the April 15th total of 516 shares. Based on an average trading volume of 18,035 shares, the days-to-cover ratio is presently 2.6 days. Approximately 1.6% of the company’s shares are sold short.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of IDVZ. 49 Wealth Management LLC grew its stake in Opal International Dividend Income ETF by 16.2% in the fourth quarter. 49 Wealth Management LLC now owns 3,664,407 shares of the company’s stock worth $116,455,000 after purchasing an additional 512,079 shares in the last quarter. Citadel Advisors LLC grew its stake in Opal International Dividend Income ETF by 592.1% in the third quarter. Citadel Advisors LLC now owns 47,340 shares of the company’s stock worth $1,456,000 after purchasing an additional 40,500 shares in the last quarter. Finally, Thrivent Financial for Lutherans bought a new position in Opal International Dividend Income ETF in the third quarter worth approximately $536,000.

Opal International Dividend Income ETF Stock Down 0.1%

IDVZ opened at $35.00 on Wednesday. The business has a fifty day moving average of $34.09 and a 200 day moving average of $32.91. Opal International Dividend Income ETF has a 52-week low of $26.09 and a 52-week high of $37.98. The stock has a market cap of $103.25 million and a P/E ratio of 12.70.

Opal International Dividend Income ETF Company Profile

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.