Vident U.S. Equity Strategy ETF (NYSEARCA:VUSE) Short Interest Down 55.0% in May

Vident U.S. Equity Strategy ETF (NYSEARCA:VUSE) was the recipient of a significant decrease in short interest in May. As of May 15th, there was short interest totaling 28,822 shares, a decrease of 55.0% from the April 30th total of 64,107 shares. Currently, 0.3% of the shares of the stock are short sold. Based on an average daily trading volume, of 8,779 shares, the short-interest ratio is currently 3.3 days.

Institutional Investors Weigh In On Vident U.S. Equity Strategy ETF

A number of institutional investors have recently modified their holdings of the company. Jones Financial Companies Lllp acquired a new stake in shares of Vident U.S. Equity Strategy ETF in the 1st quarter valued at about $46,000. Goldman Sachs Group Inc. grew its stake in shares of Vident U.S. Equity Strategy ETF by 8.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 126,313 shares of the company’s stock worth $7,156,000 after acquiring an additional 9,500 shares in the last quarter. Nova Wealth Management Inc. increased its stake in Vident U.S. Equity Strategy ETF by 283.8% in the 4th quarter. Nova Wealth Management Inc. now owns 1,946 shares of the company’s stock valued at $129,000 after buying an additional 1,439 shares during the last quarter. Finally, Strategic Blueprint LLC lifted its holdings in Vident U.S. Equity Strategy ETF by 10.8% during the fourth quarter. Strategic Blueprint LLC now owns 12,626 shares of the company’s stock worth $834,000 after acquiring an additional 1,227 shares during the period.

Vident U.S. Equity Strategy ETF Price Performance

VUSE stock traded up $0.29 during trading on Friday, reaching $72.10. 5,601 shares of the company were exchanged, compared to its average volume of 20,836. Vident U.S. Equity Strategy ETF has a twelve month low of $59.99 and a twelve month high of $72.15. The company has a 50-day moving average of $67.22 and a two-hundred day moving average of $66.32. The company has a market capitalization of $684.95 million, a price-to-earnings ratio of 25.18 and a beta of 0.93.

Vident U.S. Equity Strategy ETF Company Profile

The Vident Core U.S. Equity Fund (VUSE) is an exchange-traded fund that is based on the Vident Core U.S. Stock index. The fund tracks an index of US companies selected and weighted based on a multi-factor model that considers corporate governance, quality, and momentum. VUSE was launched on Jan 22, 2014 and is managed by Vident.