Vident U.S. Bond Strategy ETF (NYSEARCA:VBND – Get 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
About Vident U.S. Bond Strategy ETF
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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