The Opal International Dividend Income ETF (BATS:IDVZ) Stock Short Interest Climbs 1,586.6%

The Opal International Dividend Income ETF (BATS:IDVZ) was the target of a significant growth in short interest in October. As of October 30th, there was short interest totaling 27,458 shares, a growth of 1,586.6% from the October 15th total of 1,628 shares. Based on an average daily trading volume, of 20,974 shares, the days-to-cover ratio is currently 1.3 days. Currently, 0.5% of the shares of the stock are short sold.

Opal International Dividend Income ETF Trading Down 0.1%

BATS:IDVZ traded down $0.05 during mid-day trading on Tuesday, reaching $33.92. 16,391 shares of the stock were exchanged, compared to its average volume of 20,619. The business has a fifty day moving average price of $33.71 and a 200 day moving average price of $34.27. Opal International Dividend Income ETF has a 1-year low of $30.26 and a 1-year high of $37.98. The firm has a market capitalization of $206.57 million and a PE ratio of 14.13.

Hedge Funds Weigh In On Opal International Dividend Income ETF

An institutional investor recently raised its position in Opal International Dividend Income ETF stock. Weaver Consulting Group increased its holdings in The Opal International Dividend Income ETF (BATS:IDVZ) by 16.2% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 30,646 shares of the company’s stock after purchasing an additional 4,269 shares during the quarter. Weaver Consulting Group owned 1.04% of Opal International Dividend Income ETF worth $1,011,000 at the end of the most recent quarter.

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.