Vident U.S. Bond Strategy ETF (NYSEARCA:VBND) Sees Significant Growth in Short Interest

Vident U.S. Bond Strategy ETF (NYSEARCA:VBND) was the recipient of a large increase in short interest during the month of August. As of August 14th, there was short interest totaling 19,228 shares, an increase of 193.9% from the July 30th total of 6,542 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average daily volume of 18,766 shares, the days-to-cover ratio is presently 1.0 days.

Vident U.S. Bond Strategy ETF Price Performance

Shares of VBND traded down $0.02 during midday trading on Thursday, reaching $43.01. 25,885 shares of the stock were exchanged, compared to its average volume of 25,202. Vident U.S. Bond Strategy ETF has a 52 week low of $41.40 and a 52 week high of $45.25. The company’s 50 day moving average is $43.24 and its two-hundred day moving average is $43.57.

About Vident U.S. Bond Strategy ETF

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.