The Opal International Dividend Income ETF (BATS:IDVZ) Short Interest Update

The Opal International Dividend Income ETF (BATS:IDVZ) was the recipient of a large drop in short interest in July. As of July 31st, there was short interest totaling 37,168 shares, a drop of 85.9% from the July 15th total of 262,985 shares. Approximately 1.3% of the company’s stock are short sold. Based on an average daily volume of 21,361 shares, the days-to-cover ratio is currently 1.7 days.

Hedge Funds Weigh In On Opal International Dividend Income ETF

An institutional investor recently raised its position in Opal International Dividend Income ETF stock. Citadel Advisors LLC increased its stake in The Opal International Dividend Income ETF (BATS:IDVZ) by 592.1% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 47,340 shares of the company’s stock after purchasing an additional 40,500 shares during the period. Citadel Advisors LLC owned 1.31% of Opal International Dividend Income ETF worth $1,456,000 as of its most recent filing with the Securities & Exchange Commission.

Opal International Dividend Income ETF Stock Performance

IDVZ stock traded up $0.01 on Friday, hitting $34.49. 191 shares of the company’s stock were exchanged, compared to its average volume of 21,154. The firm has a 50 day moving average price of $34.58 and a two-hundred day moving average price of $34.48. Opal International Dividend Income ETF has a 12-month low of $27.33 and a 12-month high of $37.98. The stock has a market cap of $101.75 million and a P/E ratio of 12.70.

About Opal International Dividend Income ETF

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.