Vident International Equity Strategy ETF (NYSEARCA:VIDI) Shares Shorted: Short Interest Down 87.9% in October

Vident International Equity Strategy ETF (NYSEARCA:VIDI) was the recipient of a significant decline in short interest in the month of October. As of October 15th, there was short interest totaling 1,502 shares, a decline of 87.9% from the September 30th total of 12,387 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 63,295 shares, the days-to-cover ratio is currently 0.0 days.

Vident International Equity Strategy ETF Trading Down 0.6%

NYSEARCA VIDI opened at $39.01 on Tuesday. The stock has a market cap of $433.01 million, a PE ratio of 9.79 and a beta of 0.78. Vident International Equity Strategy ETF has a 12 month low of $32.20 and a 12 month high of $41.68. The company’s 50-day moving average price is $40.19 and its 200-day moving average price is $38.65.

Hedge Funds Weigh In On Vident International Equity Strategy ETF

A hedge fund recently raised its position in Vident International Equity Strategy ETF stock. Farther Finance Advisors LLC grew its stake in shares of Vident International Equity Strategy ETF (NYSEARCA:VIDI) by 2.2% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 16,485 shares of the company’s stock after acquiring an additional 350 shares during the period. Farther Finance Advisors LLC owned about 0.15% of Vident International Equity Strategy ETF worth $653,000 at the end of the most recent quarter.

About Vident International Equity Strategy ETF

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.