Vident U.S. Bond Strategy ETF (NYSEARCA:VBND) Stock Short Interest Report for October

Vident U.S. Bond Strategy ETF (NYSEARCA:VBND) was the recipient of a large growth in short interest during the month of October. As of October 30th, there was short interest totaling 27,624 shares, a growth of 184.9% from the October 15th total of 9,695 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily volume of 29,938 shares, the days-to-cover ratio is currently 0.9 days.

Vident U.S. Bond Strategy ETF Price Performance

Shares of Vident U.S. Bond Strategy ETF stock traded down $0.07 during trading on Friday, hitting $41.94. 47,976 shares of the stock traded hands, compared to its average volume of 26,551. Vident U.S. Bond Strategy ETF has a 52 week low of $41.34 and a 52 week high of $44.57. The firm’s fifty day moving average is $42.09 and its 200-day moving average is $43.19.

Vident U.S. Bond Strategy ETF Cuts Dividend

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

Vident U.S. Bond Strategy ETF Company Profile

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.