Short Interest in Vident International Equity Strategy ETF (NYSEARCA:VIDI) Rises By 117.1%

Vident International Equity Strategy ETF (NYSEARCA:VIDI) was the target of a significant growth in short interest in the month of June. As of June 15th, there was short interest totaling 33,695 shares, a growth of 117.1% from the May 31st total of 15,524 shares. Currently, 0.3% of the shares of the company are sold short. Based on an average daily volume of 14,660 shares, the short-interest ratio is currently 2.3 days.

Vident International Equity Strategy ETF Stock Up 0.2%

Shares of NYSEARCA:VIDI opened at $38.85 on Tuesday. Vident International Equity Strategy ETF has a 52-week low of $29.15 and a 52-week high of $41.67. The stock has a market cap of $435.12 million, a price-to-earnings ratio of 9.79 and a beta of 0.76. The business has a 50-day moving average price of $39.68 and a 200-day moving average price of $37.34.

Hedge Funds Weigh In On Vident International Equity Strategy ETF

An institutional investor recently raised its stake in Vident International Equity Strategy ETF stock. Strategic Blueprint LLC boosted its holdings in shares of Vident International Equity Strategy ETF (NYSEARCA:VIDI) by 1.5% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 22,850 shares of the company’s stock after buying an additional 330 shares during the quarter. Strategic Blueprint LLC owned 0.20% of Vident International Equity Strategy ETF worth $770,000 at the end of the most recent reporting period.

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.