Vident International Equity Strategy ETF (NYSEARCA:VIDI) Sees Large Drop in Short Interest

Vident International Equity Strategy ETF (NYSEARCA:VIDI) was the recipient of a significant decline in short interest in July. As of July 31st, there was short interest totaling 8,697 shares, a decline of 60.3% from the July 15th total of 21,898 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 9,076 shares, the short-interest ratio is currently 1.0 days.

Vident International Equity Strategy ETF Price Performance

Vident International Equity Strategy ETF stock traded up $0.16 during mid-day trading on Friday, reaching $40.14. The company had a trading volume of 24,766 shares, compared to its average volume of 23,300. The stock’s 50-day simple moving average is $39.30 and its 200-day simple moving average is $38.44. Vident International Equity Strategy ETF has a 1 year low of $30.89 and a 1 year high of $41.67. The company has a market capitalization of $449.57 million, a P/E ratio of 9.79 and a beta of 0.77.

Institutional Trading of Vident International Equity Strategy ETF

An institutional investor recently raised its position in Vident International Equity Strategy ETF stock. Strategic Blueprint LLC lifted its position in shares of Vident International Equity Strategy ETF (NYSEARCA:VIDI) by 1.5% in the 4th quarter, according to its most recent filing with the Securities & 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 approximately 0.20% of Vident International Equity Strategy ETF worth $770,000 at the end of the most recent quarter.

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.