Short Interest in Vident U.S. Bond Strategy ETF (NYSEARCA:VBND) Declines By 37.7%

Vident U.S. Bond Strategy ETF (NYSEARCA:VBND) was the target of a large drop in short interest during the month of June. As of June 15th, there was short interest totaling 15,752 shares, a drop of 37.7% from the May 31st total of 25,271 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 17,034 shares, the short-interest ratio is currently 0.9 days.

Vident U.S. Bond Strategy ETF Price Performance

Shares of VBND stock opened at $43.71 on Friday. Vident U.S. Bond Strategy ETF has a 52-week low of $42.45 and a 52-week high of $45.28. The business has a 50-day simple moving average of $43.57 and a 200-day simple moving average of $43.82.

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.