Short Interest in Vident U.S. Bond Strategy ETF (NYSEARCA:VBND) Declines By 36.8%

Vident U.S. Bond Strategy ETF (NYSEARCA:VBNDGet Free Report) was the target of a large decline in short interest in the month of March. As of March 13th, there was short interest totaling 36,976 shares, a decline of 36.8% from the February 26th total of 58,527 shares. Approximately 0.3% of the company’s shares are short sold. Based on an average daily volume of 19,771 shares, the short-interest ratio is currently 1.9 days.

Vident U.S. Bond Strategy ETF Stock Performance

Shares of NYSEARCA:VBND traded down $0.16 during trading on Friday, reaching $43.08. 10,507 shares of the company traded hands, compared to its average volume of 24,592. Vident U.S. Bond Strategy ETF has a 52-week low of $42.47 and a 52-week high of $45.62. The business’s fifty day moving average is $44.01 and its 200-day moving average is $44.16.

Vident U.S. Bond Strategy ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, February 19th. Investors of record on Wednesday, February 18th were issued a dividend of $0.1204 per share. The ex-dividend date was Wednesday, February 18th. This represents a c) dividend on an annualized basis and a yield of 3.4%. This is an increase from Vident U.S. Bond Strategy ETF’s previous monthly dividend of $0.12.

Hedge Funds Weigh In On Vident U.S. Bond Strategy ETF

An institutional investor recently raised its position in Vident U.S. Bond Strategy ETF stock. Strategic Blueprint LLC grew its position in shares of Vident U.S. Bond Strategy ETF (NYSEARCA:VBNDFree Report) by 13.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 6,734 shares of the company’s stock after acquiring an additional 793 shares during the period. Strategic Blueprint LLC owned about 0.06% of Vident U.S. Bond Strategy ETF worth $298,000 as of its most recent SEC filing.

About Vident U.S. Bond Strategy ETF

(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.

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