Vident U.S. Equity Strategy ETF (NYSEARCA:VUSE) Short Interest Update

Vident U.S. Equity Strategy ETF (NYSEARCA:VUSE) was the target of a large decline in short interest in the month of May. As of May 15th, there was short interest totaling 28,822 shares, a decline of 55.0% from the April 30th total of 64,107 shares. Based on an average trading volume of 8,779 shares, the days-to-cover ratio is presently 3.3 days. Currently, 0.3% of the shares of the company are sold short.

Vident U.S. Equity Strategy ETF Stock Performance

VUSE stock traded down $0.25 during midday trading on Tuesday, reaching $72.57. 11,823 shares of the company’s stock traded hands, compared to its average volume of 20,674. The firm has a market capitalization of $689.42 million, a PE ratio of 25.18 and a beta of 0.93. Vident U.S. Equity Strategy ETF has a 52 week low of $60.30 and a 52 week high of $72.94. The company has a 50-day moving average price of $67.40 and a two-hundred day moving average price of $66.37.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in VUSE. Jones Financial Companies Lllp purchased a new stake in Vident U.S. Equity Strategy ETF during the first quarter valued at about $46,000. Nova Wealth Management Inc. lifted its holdings in Vident U.S. Equity Strategy ETF by 283.8% in the fourth quarter. Nova Wealth Management Inc. now owns 1,946 shares of the company’s stock worth $129,000 after buying an additional 1,439 shares during the period. Strategic Blueprint LLC increased its stake in shares of Vident U.S. Equity Strategy ETF by 10.8% during the fourth quarter. Strategic Blueprint LLC now owns 12,626 shares of the company’s stock valued at $834,000 after purchasing an additional 1,227 shares in the last quarter. Finally, Goldman Sachs Group Inc. increased its stake in shares of Vident U.S. Equity Strategy ETF by 8.1% during the first quarter. Goldman Sachs Group Inc. now owns 126,313 shares of the company’s stock valued at $7,156,000 after purchasing an additional 9,500 shares in the last quarter.

About Vident U.S. Equity Strategy ETF

The Vident Core U.S. Equity Fund (VUSE) is an exchange-traded fund that is based on the Vident Core U.S. Stock index. The fund tracks an index of US companies selected and weighted based on a multi-factor model that considers corporate governance, quality, and momentum. VUSE was launched on Jan 22, 2014 and is managed by Vident.