Short Interest in Vident U.S. Bond Strategy ETF (NYSEARCA:VBND) Drops By 31.8%

Vident U.S. Bond Strategy ETF (NYSEARCA:VBND) saw a significant drop in short interest in the month of January. As of January 15th, there was short interest totaling 35,569 shares, a drop of 31.8% from the December 31st total of 52,122 shares. Approximately 0.3% of the company’s shares are sold short. Based on an average daily trading volume, of 47,288 shares, the days-to-cover ratio is presently 0.8 days. Based on an average daily trading volume, of 47,288 shares, the days-to-cover ratio is presently 0.8 days. Approximately 0.3% of the company’s shares are sold short.

Institutional Trading of Vident U.S. Bond Strategy ETF

A hedge fund recently bought a new stake in Vident U.S. Bond Strategy ETF stock. Strategic Blueprint LLC purchased a new stake in Vident U.S. Bond Strategy ETF (NYSEARCA:VBND) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 5,941 shares of the company’s stock, valued at approximately $259,000. Strategic Blueprint LLC owned approximately 0.06% of Vident U.S. Bond Strategy ETF at the end of the most recent reporting period.

Vident U.S. Bond Strategy ETF Price Performance

Shares of Vident U.S. Bond Strategy ETF stock traded down $0.02 on Friday, reaching $44.03. The company had a trading volume of 31,220 shares, compared to its average volume of 33,381. The firm’s 50 day moving average price is $44.09 and its two-hundred day moving average price is $44.06. Vident U.S. Bond Strategy ETF has a 52-week low of $42.47 and a 52-week high of $45.62.

Vident U.S. Bond Strategy ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, January 22nd. Stockholders of record on Wednesday, January 21st were given a dividend of $0.1198 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date was Wednesday, January 21st.

Vident U.S. Bond Strategy ETF Company Profile

The Vident Core U.S. Bond Strategy ETF (VBND) is an exchange-traded fund that is based on the Vident Core U.S. Bond index. The fund tracks a multi-factor-weighted USD bond index that is based on sector tail risk, security valuation, and issuer corporate governance. VBND was launched on Oct 16, 2014 and is managed by Vident.