Short Interest in Vident International Equity Strategy ETF (NYSEARCA:VIDI) Increases By 324.2%

Vident International Equity Strategy ETF (NYSEARCA:VIDI) was the target of a significant growth in short interest in February. As of February 13th, there was short interest totaling 23,551 shares, a growth of 324.2% from the January 29th total of 5,552 shares. Based on an average daily trading volume, of 27,683 shares, the days-to-cover ratio is presently 0.9 days. Currently, 0.2% of the company’s stock are sold short. Currently, 0.2% of the company’s stock are sold short. Based on an average daily trading volume, of 27,683 shares, the days-to-cover ratio is presently 0.9 days.

Institutional Trading of Vident International Equity Strategy ETF

Several hedge funds and other institutional investors have recently bought and sold shares of VIDI. Strategic Blueprint LLC lifted its holdings in Vident International Equity Strategy ETF by 1.5% in the fourth quarter. Strategic Blueprint LLC now owns 22,850 shares of the company’s stock worth $770,000 after buying an additional 330 shares during the period. Jones Financial Companies Lllp boosted its position in shares of Vident International Equity Strategy ETF by 27.7% in the 3rd quarter. Jones Financial Companies Lllp now owns 21,363 shares of the company’s stock worth $680,000 after purchasing an additional 4,636 shares in the last quarter. Finally, Flow Traders U.S. LLC increased its holdings in shares of Vident International Equity Strategy ETF by 211.5% during the third quarter. Flow Traders U.S. LLC now owns 187,165 shares of the company’s stock valued at $6,006,000 after acquiring an additional 127,084 shares in the last quarter.

Vident International Equity Strategy ETF Price Performance

Shares of Vident International Equity Strategy ETF stock opened at $38.88 on Thursday. The stock has a fifty day moving average price of $35.98 and a 200-day moving average price of $33.62. Vident International Equity Strategy ETF has a 1 year low of $22.86 and a 1 year high of $38.99. The firm has a market cap of $451.01 million, a PE ratio of 9.79 and a beta of 0.82.

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.