The Opal International Dividend Income ETF (BATS:IDVZ) Stock Short Interest Drops 87.9%

The Opal International Dividend Income ETF (BATS:IDVZ) saw a large decrease in short interest during the month of October. As of October 15th, there was short interest totaling 1,628 shares, a decrease of 87.9% from the September 30th total of 13,424 shares. Based on an average daily volume of 22,555 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the company’s stock are short sold.

Opal International Dividend Income ETF Price Performance

Shares of BATS:IDVZ opened at $33.54 on Tuesday. The stock has a market capitalization of $98.94 million and a P/E ratio of 12.70. Opal International Dividend Income ETF has a fifty-two week low of $30.04 and a fifty-two week high of $37.98. The business has a 50-day moving average of $33.92 and a two-hundred day moving average of $34.21.

Institutional Inflows and Outflows

A hedge fund recently raised its position in Opal International Dividend Income ETF stock. Weaver Consulting Group increased its holdings in shares of The Opal International Dividend Income ETF (BATS:IDVZ) by 16.2% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 30,646 shares of the company’s stock after acquiring an additional 4,269 shares during the period. Weaver Consulting Group owned about 1.04% of Opal International Dividend Income ETF worth $1,011,000 at the end of the most recent quarter.

About Opal International Dividend Income ETF

The Opal International Dividend Income ETF (IDVZ) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund is actively managed investing in dividend paying companies in the global ex-US space. It aims for capital appreciation and a higher dividend yield compared to the MSCI ACWI ex USA High Dividend Yield Total Return Index IDVZ was launched on Dec 26, 2024 and is issued by OPAL.