Vanguard International High Dividend Yield ETF (NASDAQ:VYMI) Sees Large Drop in Short Interest

Vanguard International High Dividend Yield ETF (NASDAQ:VYMI) was the recipient of a large decrease in short interest in August. As of August 31st, there was short interest totaling 563,361 shares, a decrease of 59.8% from the August 15th total of 1,402,799 shares. Based on an average daily trading volume, of 791,946 shares, the days-to-cover ratio is currently 0.7 days. Approximately 0.3% of the shares of the company are sold short.

Vanguard International High Dividend Yield ETF Stock Performance

Shares of VYMI stock traded up $0.01 on Monday, hitting $105.61. The company’s stock had a trading volume of 504,707 shares, compared to its average volume of 1,151,528. Vanguard International High Dividend Yield ETF has a fifty-two week low of $82.85 and a fifty-two week high of $107.29. The company has a market capitalization of $21.01 billion, a PE ratio of 12.06 and a beta of 0.61. The stock’s 50 day moving average is $103.55 and its 200-day moving average is $99.83.

Institutional Investors Weigh In On Vanguard International High Dividend Yield ETF

Institutional investors have recently made changes to their positions in the stock. Strive Financial Group LLC bought a new stake in shares of Vanguard International High Dividend Yield ETF during the 4th quarter valued at $25,000. Triumph Capital Management bought a new position in shares of Vanguard International High Dividend Yield ETF in the 3rd quarter valued at $32,000. Versant Capital Management Inc bought a new position in Vanguard International High Dividend Yield ETF in the second quarter valued at about $36,000. AG Campbell Advisory LLC acquired a new position in Vanguard International High Dividend Yield ETF during the 4th quarter worth approximately $39,000. Finally, Cassaday & Co Wealth Management LLC bought a new position in shares of Vanguard International High Dividend Yield ETF in the 1st quarter valued at $50,000.

About Vanguard International High Dividend Yield ETF

The Vanguard International High Dividend Yield ETF (VYMI) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund tracks a market-cap-weighted index of developed and emerging market firms (ex-US) that are expected to pay above average dividends over the next 12 months. VYMI was launched on Feb 25, 2016 and is managed by Vanguard.