Short Interest in Vanguard International High Dividend Yield ETF (NASDAQ:VYMI) Increases By 61.5%

Vanguard International High Dividend Yield ETF (NASDAQ:VYMI) saw a large increase in short interest in the month of August. As of August 14th, there was short interest totaling 1,402,799 shares, an increase of 61.5% from the July 30th total of 868,575 shares. Based on an average daily volume of 784,760 shares, the days-to-cover ratio is presently 1.8 days. Currently, 0.7% of the shares of the company are sold short.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. Strive Financial Group LLC acquired a new position in shares of Vanguard International High Dividend Yield ETF in the 4th quarter valued at $25,000. Versant Capital Management Inc bought a new stake in shares of Vanguard International High Dividend Yield ETF in the 2nd quarter valued at about $36,000. Triumph Capital Management bought a new position in shares of Vanguard International High Dividend Yield ETF during the 3rd quarter worth approximately $32,000. AG Campbell Advisory LLC bought a new position in Vanguard International High Dividend Yield ETF during the fourth quarter worth $39,000. Finally, WealthShield Partners LLC acquired a new position in Vanguard International High Dividend Yield ETF in the 4th quarter valued at about $45,000.

Vanguard International High Dividend Yield ETF Price Performance

Shares of VYMI traded up $0.33 on Tuesday, reaching $105.50. 214,289 shares of the stock traded hands, compared to its average volume of 1,165,905. The firm has a market cap of $20.99 billion, a price-to-earnings ratio of 12.06 and a beta of 0.61. The stock’s 50-day moving average price is $102.16 and its 200-day moving average price is $99.44. Vanguard International High Dividend Yield ETF has a 12 month low of $82.85 and a 12 month high of $106.02.

Vanguard International High Dividend Yield ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 23rd. Stockholders of record on Thursday, June 18th were issued a $1.2569 dividend. This represents a $5.03 dividend on an annualized basis and a dividend yield of 4.8%. The ex-dividend date of this dividend was Thursday, June 18th. This is a boost from Vanguard International High Dividend Yield ETF’s previous quarterly dividend of $0.71.

Vanguard International High Dividend Yield ETF Company Profile

The Vanguard International High Dividend Yield ETF (VYMI) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund tracks a market-cap-weighted index of developed and emerging market firms (ex-US) that are expected to pay above average dividends over the next 12 months. VYMI was launched on Feb 25, 2016 and is managed by Vanguard.