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

Vident International Equity Strategy ETF (NYSEARCA:VIDI) was the recipient of a large growth in short interest during the month of April. As of April 30th, there was short interest totaling 13,663 shares, a growth of 106.3% from the April 15th total of 6,623 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily volume of 17,035 shares, the days-to-cover ratio is currently 0.8 days.

Vident International Equity Strategy ETF Trading Up 0.0%

NYSEARCA VIDI traded up $0.01 during trading hours on Monday, reaching $39.56. The company had a trading volume of 2,725 shares, compared to its average volume of 28,373. The stock has a market capitalization of $443.07 million, a P/E ratio of 9.79 and a beta of 0.75. The stock has a 50-day moving average of $37.36 and a 200 day moving average of $35.81. Vident International Equity Strategy ETF has a 1-year low of $28.30 and a 1-year high of $40.33.

Hedge Funds Weigh In On Vident International Equity Strategy ETF

A number of hedge funds have recently made changes to their positions in VIDI. Flow Traders U.S. LLC raised its position in Vident International Equity Strategy ETF by 211.5% in the third quarter. Flow Traders U.S. LLC now owns 187,165 shares of the company’s stock valued at $6,006,000 after purchasing an additional 127,084 shares during the period. Jones Financial Companies Lllp boosted its position in shares of Vident International Equity Strategy ETF by 27.7% during the third quarter. Jones Financial Companies Lllp now owns 21,363 shares of the company’s stock worth $680,000 after buying an additional 4,636 shares during the period. Finally, Strategic Blueprint LLC grew its stake in shares of Vident International Equity Strategy ETF by 1.5% in the fourth quarter. Strategic Blueprint LLC now owns 22,850 shares of the company’s stock valued at $770,000 after buying an additional 330 shares in the last 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.