Vident International Equity Strategy ETF (NYSEARCA:VIDI) Sees Large Increase in Short Interest

Vident International Equity Strategy ETF (NYSEARCA:VIDI) saw a significant increase in short interest in October. As of October 30th, there was short interest totaling 11,412 shares, an increase of 659.8% from the October 15th total of 1,502 shares. Based on an average daily volume of 16,118 shares, the days-to-cover ratio is presently 0.7 days. Approximately 0.1% of the company’s shares are short sold.

Vident International Equity Strategy ETF Stock Down 0.4%

VIDI opened at $38.10 on Wednesday. The stock’s fifty day moving average is $39.74 and its two-hundred day moving average is $38.85. The company has a market capitalization of $421.00 million, a P/E ratio of 9.79 and a beta of 0.81. Vident International Equity Strategy ETF has a 52 week low of $32.20 and a 52 week high of $41.68.

Institutional Trading of Vident International Equity Strategy ETF

A hedge fund recently raised its position in Vident International Equity Strategy ETF stock. Farther Finance Advisors LLC boosted its holdings in shares of Vident International Equity Strategy ETF (NYSEARCA:VIDI) by 2.2% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,485 shares of the company’s stock after acquiring an additional 350 shares during the period. Farther Finance Advisors LLC owned about 0.15% of Vident International Equity Strategy ETF worth $653,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Vident International Equity Strategy ETF Company Profile

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.