Short Interest in Vanguard International Dividend Appreciation ETF (NASDAQ:VIGI) Drops By 36.7%

Vanguard International Dividend Appreciation ETF (NASDAQ:VIGI) was the target of a large drop in short interest in the month of June. As of June 15th, there was short interest totaling 163,318 shares, a drop of 36.7% from the May 31st total of 258,071 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average daily trading volume, of 320,005 shares, the days-to-cover ratio is currently 0.5 days.

Vanguard International Dividend Appreciation ETF Stock Performance

Vanguard International Dividend Appreciation ETF stock traded up $1.36 during midday trading on Thursday, reaching $94.94. The stock had a trading volume of 270,329 shares, compared to its average volume of 402,351. The stock’s 50-day simple moving average is $93.06 and its 200 day simple moving average is $92.43. Vanguard International Dividend Appreciation ETF has a twelve month low of $85.23 and a twelve month high of $96.60. The stock has a market capitalization of $9.04 billion, a PE ratio of 21.41 and a beta of 0.70.

Vanguard International Dividend Appreciation ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 23rd. Stockholders of record on Thursday, June 18th were issued a $0.5337 dividend. This represents a $2.13 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date was Thursday, June 18th.

Institutional Trading of Vanguard International Dividend Appreciation ETF

Institutional investors have recently modified their holdings of the company. Brown Brothers Harriman & Co. acquired a new stake in Vanguard International Dividend Appreciation ETF during the 3rd quarter worth approximately $27,000. Arax Advisory Partners purchased a new position in Vanguard International Dividend Appreciation ETF in the fourth quarter valued at approximately $29,000. Strive Financial Group LLC acquired a new position in Vanguard International Dividend Appreciation ETF during the fourth quarter valued at approximately $30,000. Triumph Capital Management acquired a new position in Vanguard International Dividend Appreciation ETF during the third quarter valued at approximately $34,000. Finally, ORG Partners LLC grew its stake in Vanguard International Dividend Appreciation ETF by 36.3% during the fourth quarter. ORG Partners LLC now owns 402 shares of the company’s stock worth $37,000 after buying an additional 107 shares during the period.

About Vanguard International Dividend Appreciation ETF

The Vanguard International Dividend Appreciation ETF (VIGI) is an exchange-traded fund that is based on the S&P Global Ex-U.S. Dividend Growers index, a market-cap-weighted index of developed and emerging market firms (ex-US) that have increased their annual dividends for seven consecutive years. VIGI was launched on Feb 25, 2016 and is managed by Vanguard.