Vident International Equity Strategy ETF (NYSEARCA:VIDI) Sees Significant Decrease in Short Interest

Vident International Equity Strategy ETF (NYSEARCA:VIDI) was the recipient of a significant decrease in short interest in the month of June. As of June 30th, there was short interest totaling 17,901 shares, a decrease of 46.9% from the June 15th total of 33,695 shares. Based on an average daily trading volume, of 18,269 shares, the short-interest ratio is presently 1.0 days. Approximately 0.2% of the company’s stock are short sold.

Vident International Equity Strategy ETF Stock Up 0.2%

NYSEARCA VIDI traded up $0.09 on Wednesday, hitting $39.27. 1,194 shares of the stock were exchanged, compared to its average volume of 25,510. Vident International Equity Strategy ETF has a fifty-two week low of $29.48 and a fifty-two week high of $41.67. The company has a 50-day moving average price of $39.83 and a 200-day moving average price of $37.76. The company has a market cap of $439.82 million, a PE ratio of 9.79 and a beta of 0.77.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Vident International Equity Strategy ETF stock. Strategic Blueprint LLC increased its holdings in shares of Vident International Equity Strategy ETF (NYSEARCA:VIDI) by 1.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 22,850 shares of the company’s stock after purchasing an additional 330 shares during the quarter. Strategic Blueprint LLC owned approximately 0.20% of Vident International Equity Strategy ETF worth $770,000 at the end of the most recent quarter.

About Vident International Equity Strategy ETF

The Vident International Equity Fund (VIDI) is an exchange-traded fund that is based on the Vident Core International Equity index. The fund tracks an index of companies from both developed and emerging markets, ex-US. The fund selects and weights its constituents in a tiered structure based on various risk and fundamental measures. VIDI was launched on Oct 29, 2013 and is managed by Vident.