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

Vident International Equity Strategy ETF (NYSEARCA:VIDI) was the target of a significant drop in short interest during the month of May. As of May 29th, there was short interest totaling 15,524 shares, a drop of 43.9% from the May 14th total of 27,675 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average trading volume of 11,056 shares, the days-to-cover ratio is presently 1.4 days.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Vident International Equity Strategy ETF stock. Strategic Blueprint LLC grew its stake in shares of Vident International Equity Strategy ETF (NYSEARCA:VIDI) by 1.5% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 22,850 shares of the company’s stock after buying an additional 330 shares during the quarter. Strategic Blueprint LLC owned approximately 0.20% of Vident International Equity Strategy ETF worth $770,000 as of its most recent SEC filing.

Vident International Equity Strategy ETF Price Performance

NYSEARCA:VIDI traded up $0.64 during mid-day trading on Monday, reaching $41.02. The stock had a trading volume of 16,203 shares, compared to its average volume of 25,879. The stock has a 50-day simple moving average of $39.27 and a two-hundred day simple moving average of $36.91. The stock has a market capitalization of $459.42 million, a PE ratio of 9.79 and a beta of 0.76. Vident International Equity Strategy ETF has a 12 month low of $28.57 and a 12 month high of $41.67.

Vident International Equity Strategy ETF Company Profile

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.