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

The Opal International Dividend Income ETF (BATS:IDVZ) saw a significant increase in short interest during the month of April. As of April 30th, there was short interest totaling 47,289 shares, an increase of 9,064.5% from the April 15th total of 516 shares. Currently, 1.6% of the shares of the company are sold short. Based on an average daily volume of 18,035 shares, the days-to-cover ratio is presently 2.6 days.

Opal International Dividend Income ETF Price Performance

Shares of BATS IDVZ traded up $0.11 during trading hours on Monday, hitting $35.02. 5,586 shares of the company’s stock were exchanged, compared to its average volume of 14,927. Opal International Dividend Income ETF has a 1-year low of $26.09 and a 1-year high of $37.98. The stock has a market capitalization of $103.31 million and a price-to-earnings ratio of 12.70. The company’s 50-day moving average price is $34.13 and its 200-day moving average price is $32.82.

Institutional Trading of Opal International Dividend Income ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. 49 Wealth Management LLC grew its position in Opal International Dividend Income ETF by 16.2% in the 4th quarter. 49 Wealth Management LLC now owns 3,664,407 shares of the company’s stock worth $116,455,000 after purchasing an additional 512,079 shares during the last quarter. Citadel Advisors LLC grew its position in Opal International Dividend Income ETF by 592.1% in the 3rd quarter. Citadel Advisors LLC now owns 47,340 shares of the company’s stock worth $1,456,000 after purchasing an additional 40,500 shares during the last quarter. Finally, Thrivent Financial for Lutherans acquired a new stake in Opal International Dividend Income ETF in the 3rd quarter worth $536,000.

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.