Vident International Equity Strategy ETF (NYSEARCA:VIDI) Short Interest Update

Vident International Equity Strategy ETF (NYSEARCA:VIDI) was the target of a large increase in short interest during the month of April. As of April 30th, there was short interest totaling 13,663 shares, an increase of 106.3% from the April 15th total of 6,623 shares. Based on an average daily volume of 17,035 shares, the days-to-cover ratio is presently 0.8 days. Approximately 0.1% of the shares of the stock are short sold.

Vident International Equity Strategy ETF Stock Down 1.6%

NYSEARCA:VIDI traded down $0.64 during mid-day trading on Friday, reaching $39.55. 7,998 shares of the company were exchanged, compared to its average volume of 28,649. Vident International Equity Strategy ETF has a 12 month low of $28.19 and a 12 month high of $40.33. The company has a fifty day moving average of $37.36 and a 200 day moving average of $35.79. The stock has a market cap of $442.96 million, a PE ratio of 9.79 and a beta of 0.75.

Institutional Investors Weigh In On Vident International Equity Strategy ETF

A number of hedge funds have recently added to or reduced their stakes in VIDI. Flow Traders U.S. LLC grew its holdings in Vident International Equity Strategy ETF by 211.5% during the 3rd quarter. Flow Traders U.S. LLC now owns 187,165 shares of the company’s stock worth $6,006,000 after acquiring an additional 127,084 shares during the last quarter. Jones Financial Companies Lllp grew its holdings in Vident International Equity Strategy ETF by 27.7% during the 3rd quarter. Jones Financial Companies Lllp now owns 21,363 shares of the company’s stock worth $680,000 after acquiring an additional 4,636 shares during the last quarter. Finally, Strategic Blueprint LLC grew its holdings in Vident International Equity Strategy ETF by 1.5% during the 4th quarter. Strategic Blueprint LLC now owns 22,850 shares of the company’s stock worth $770,000 after acquiring an additional 330 shares during the last quarter.

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.