Short Interest in Vident International Equity Strategy ETF (NYSEARCA:VIDI) Grows By 102.6%

Vident International Equity Strategy ETF (NYSEARCA:VIDI) was the target of a large increase in short interest during the month of May. As of May 15th, there was short interest totaling 27,675 shares, an increase of 102.6% from the April 30th total of 13,663 shares. Based on an average trading volume of 12,771 shares, the days-to-cover ratio is presently 2.2 days. Currently, 0.2% of the shares of the stock are short sold.

Vident International Equity Strategy ETF Price Performance

NYSEARCA:VIDI opened at $41.47 on Wednesday. Vident International Equity Strategy ETF has a 1 year low of $28.57 and a 1 year high of $41.67. The stock’s 50 day simple moving average is $38.32 and its two-hundred day simple moving average is $36.39. The company has a market cap of $464.46 million, a price-to-earnings ratio of 9.79 and a beta of 0.75.

Institutional Trading of Vident International Equity Strategy ETF

A number of large investors have recently added to or reduced their stakes in the company. Strategic Blueprint LLC increased its stake in Vident International Equity Strategy ETF by 1.5% in the 4th quarter. Strategic Blueprint LLC now owns 22,850 shares of the company’s stock worth $770,000 after acquiring an additional 330 shares during the last quarter. Flow Traders U.S. LLC increased its stake in Vident International Equity Strategy ETF by 211.5% in the 3rd quarter. Flow Traders U.S. LLC now owns 187,165 shares of the company’s stock worth $6,006,000 after acquiring an additional 127,084 shares during the last quarter. Finally, Jones Financial Companies Lllp increased its stake in Vident International Equity Strategy ETF by 27.7% in the 3rd quarter. Jones Financial Companies Lllp now owns 21,363 shares of the company’s stock worth $680,000 after acquiring an additional 4,636 shares during the last 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.