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

Vident International Equity Strategy ETF (NYSEARCA:VIDI) was the target of a large growth in short interest in the month of April. As of April 30th, there was short interest totaling 13,663 shares, a growth of 106.3% from the April 15th total of 6,623 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average trading volume of 17,035 shares, the short-interest ratio is presently 0.8 days.

Institutional Investors Weigh In On Vident International Equity Strategy ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Strategic Blueprint LLC increased its position in shares of Vident International Equity Strategy ETF by 1.5% during the 4th quarter. Strategic Blueprint LLC now owns 22,850 shares of the company’s stock valued at $770,000 after purchasing an additional 330 shares during the last quarter. Jones Financial Companies Lllp increased its position in shares of Vident International Equity Strategy ETF by 27.7% during the 3rd quarter. Jones Financial Companies Lllp now owns 21,363 shares of the company’s stock valued at $680,000 after purchasing an additional 4,636 shares during the last quarter. Finally, Flow Traders U.S. LLC increased its position in shares of Vident International Equity Strategy ETF by 211.5% during the 3rd quarter. Flow Traders U.S. LLC now owns 187,165 shares of the company’s stock valued at $6,006,000 after purchasing an additional 127,084 shares during the last quarter.

Vident International Equity Strategy ETF Stock Down 1.6%

VIDI traded down $0.64 during midday trading on Friday, hitting $39.55. 7,998 shares of the company traded hands, compared to its average volume of 28,649. The firm has a market capitalization of $442.96 million, a PE ratio of 9.79 and a beta of 0.75. The company’s 50-day moving average is $37.36 and its 200 day moving average is $35.79. Vident International Equity Strategy ETF has a 52 week low of $28.19 and a 52 week high of $40.33.

Vident International Equity Strategy ETF Company Profile

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.