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

Vident U.S. Bond Strategy ETF (NYSEARCA:VBND – Get Free Report) was the target of a significant decline in short interest in October. As of October 15th, there was short interest totaling 9,695 shares, a decline of 35.8% from the September 30th total of 15,095 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average trading volume of 49,420 shares, the short-interest ratio is presently 0.2 days.

Vident U.S. Bond Strategy ETF Price Performance

VBND stock traded down $0.15 during trading on Tuesday, reaching $42.25. The company had a trading volume of 20,484 shares, compared to its average volume of 26,198. Vident U.S. Bond Strategy ETF has a 52 week low of $41.34 and a 52 week high of $44.83. The business has a 50 day moving average of $42.20 and a 200 day moving average of $43.27.

Vident U.S. Bond Strategy ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, October 21st. Investors of record on Tuesday, October 20th were paid a $0.1714 dividend. The ex-dividend date of this dividend was Tuesday, October 20th. This is a negative change from Vident U.S. Bond Strategy ETF’s previous monthly dividend of $0.1734. This represents a $2.06 annualized dividend and a yield of 4.9%.

Vident U.S. Bond Strategy ETF Company Profile

(Get Free Report)

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.

Further Reading

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