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

Vident U.S. Bond Strategy ETF (NYSEARCA:VBND) was the recipient of a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 36,915 shares, an increase of 92.0% from the August 15th total of 19,228 shares. Currently, 0.3% of the shares of the company are short sold. Based on an average daily trading volume, of 17,638 shares, the short-interest ratio is currently 2.1 days.

Vident U.S. Bond Strategy ETF Trading Up 0.2%

Shares of Vident U.S. Bond Strategy ETF stock traded up $0.07 during trading hours on Wednesday, reaching $42.40. 23,593 shares of the stock traded hands, compared to its average volume of 24,856. The company has a 50 day moving average price of $42.99 and a 200 day moving average price of $43.41. Vident U.S. Bond Strategy ETF has a one year low of $41.40 and a one year high of $45.25.

Vident U.S. Bond Strategy ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, August 19th. Stockholders of record on Tuesday, August 18th were paid a dividend of $0.1648 per share. This represents a c) annualized dividend and a dividend yield of 4.7%. The ex-dividend date was Tuesday, August 18th.

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.