Vident U.S. Bond Strategy ETF (NYSEARCA:VBND) Sees Large Decrease in Short Interest

Vident U.S. Bond Strategy ETF (NYSEARCA:VBND) saw a large decrease in short interest in July. As of July 31st, there was short interest totaling 6,542 shares, a decrease of 64.6% from the July 15th total of 18,483 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 18,881 shares, the days-to-cover ratio is currently 0.3 days.

Vident U.S. Bond Strategy ETF Stock Down 0.2%

Shares of VBND traded down $0.07 during midday trading on Friday, reaching $43.09. The company had a trading volume of 3,672 shares, compared to its average volume of 25,555. Vident U.S. Bond Strategy ETF has a 1-year low of $41.40 and a 1-year high of $45.25. The firm has a 50 day simple moving average of $43.36 and a 200-day simple moving average of $43.64.

Vident U.S. Bond Strategy ETF Company Profile

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.