Vanguard International High Dividend Yield ETF (NASDAQ:VYMI) Sees Large Growth in Short Interest

Vanguard International High Dividend Yield ETF (NASDAQ:VYMI) was the target of a significant increase in short interest in the month of October. As of October 15th, there was short interest totaling 936,954 shares, an increase of 1,051.8% from the September 30th total of 81,350 shares. Based on an average daily trading volume, of 984,822 shares, the short-interest ratio is currently 1.0 days. Approximately 0.4% of the company’s shares are short sold.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the company. Versant Capital Management Inc bought a new stake in Vanguard International High Dividend Yield ETF during the 2nd quarter valued at $36,000. Cassaday & Co Wealth Management LLC purchased a new stake in Vanguard International High Dividend Yield ETF during the 1st quarter valued at $50,000. Morton Brown Family Wealth LLC grew its holdings in Vanguard International High Dividend Yield ETF by 301.1% in the 3rd quarter. Morton Brown Family Wealth LLC now owns 1,075 shares of the company’s stock worth $109,000 after acquiring an additional 807 shares during the last quarter. Acropolis Investment Management LLC purchased a new position in shares of Vanguard International High Dividend Yield ETF in the second quarter valued at about $112,000. Finally, Carolina Wealth Advisors LLC purchased a new position in shares of Vanguard International High Dividend Yield ETF in the third quarter valued at about $145,000.

Vanguard International High Dividend Yield ETF Stock Performance

VYMI traded down $0.19 on Monday, hitting $101.22. 674,761 shares of the company were exchanged, compared to its average volume of 1,116,685. The firm has a fifty day simple moving average of $103.38 and a two-hundred day simple moving average of $99.47. Vanguard International High Dividend Yield ETF has a 12 month low of $84.59 and a 12 month high of $107.29. The stock has a market capitalization of $21.40 billion, a PE ratio of 12.06 and a beta of 0.61.

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.