The Opal International Dividend Income ETF (BATS:IDVZ) Short Interest Update

The Opal International Dividend Income ETF (BATS:IDVZ) was the recipient of a large decline in short interest during the month of May. As of May 15th, there was short interest totaling 16,001 shares, a decline of 66.2% from the April 30th total of 47,289 shares. Currently, 0.5% of the company’s stock are sold short. Based on an average trading volume of 13,162 shares, the days-to-cover ratio is presently 1.2 days.

Hedge Funds Weigh In On Opal International Dividend Income ETF

A number of hedge funds and other institutional investors have recently modified their holdings of IDVZ. 49 Wealth Management LLC increased its position in shares of Opal International Dividend Income ETF by 16.2% during the fourth quarter. 49 Wealth Management LLC now owns 3,664,407 shares of the company’s stock valued at $116,455,000 after acquiring an additional 512,079 shares during the last quarter. Citadel Advisors LLC grew its stake in Opal International Dividend Income ETF by 592.1% in the 3rd quarter. Citadel Advisors LLC now owns 47,340 shares of the company’s stock valued at $1,456,000 after purchasing an additional 40,500 shares during the period. Finally, Thrivent Financial for Lutherans purchased a new stake in shares of Opal International Dividend Income ETF during the 3rd quarter valued at $536,000.

Opal International Dividend Income ETF Price Performance

Shares of IDVZ stock traded down $0.31 on Friday, hitting $34.41. The stock had a trading volume of 22,392 shares, compared to its average volume of 15,216. The business has a 50 day moving average of $34.45 and a 200 day moving average of $33.30. Opal International Dividend Income ETF has a 12-month low of $26.09 and a 12-month high of $37.98. The stock has a market cap of $101.51 million and a price-to-earnings ratio of 12.70.

Opal International Dividend Income ETF Company Profile

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.