Vident International Equity Strategy ETF (NYSEARCA:VIDI) Short Interest Down 46.9% in June

Vident International Equity Strategy ETF (NYSEARCA:VIDI) saw a significant decline in short interest in the month of June. As of June 30th, there was short interest totaling 17,901 shares, a decline of 46.9% from the June 15th total of 33,695 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average daily volume of 18,269 shares, the days-to-cover ratio is currently 1.0 days.

Vident International Equity Strategy ETF Price Performance

Shares of NYSEARCA:VIDI traded down $0.15 on Friday, reaching $38.74. The company’s stock had a trading volume of 4,132 shares, compared to its average volume of 25,283. The stock’s 50-day moving average is $39.82 and its two-hundred day moving average is $37.83. Vident International Equity Strategy ETF has a 52-week low of $29.48 and a 52-week high of $41.67. The stock has a market capitalization of $433.89 million, a P/E ratio of 9.79 and a beta of 0.77.

Hedge Funds Weigh In On Vident International Equity Strategy ETF

An institutional investor recently raised its position in Vident International Equity Strategy ETF stock. Strategic Blueprint LLC boosted its stake in shares of Vident International Equity Strategy ETF (NYSEARCA:VIDI) by 1.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 22,850 shares of the company’s stock after acquiring an additional 330 shares during the quarter. Strategic Blueprint LLC owned about 0.20% of Vident International Equity Strategy ETF worth $770,000 as of its most recent filing with the Securities and Exchange Commission.

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.