Vident International Equity Strategy ETF (NYSEARCA:VIDI) Sees Significant Decline in Short Interest

Vident International Equity Strategy ETF (NYSEARCA:VIDI) saw a large drop in short interest during the month of February. As of February 27th, there was short interest totaling 7,354 shares, a drop of 68.8% from the February 12th total of 23,551 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily volume of 18,381 shares, the days-to-cover ratio is currently 0.4 days. Based on an average daily volume of 18,381 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.1% of the company’s shares are sold short.

Hedge Funds Weigh In On Vident International Equity Strategy ETF

A number of hedge funds have recently made changes to their positions in VIDI. Strategic Blueprint LLC lifted its stake in shares of Vident International Equity Strategy ETF by 13.4% during the third quarter. Strategic Blueprint LLC now owns 22,520 shares of the company’s stock worth $723,000 after purchasing an additional 2,660 shares in the last quarter. Jones Financial Companies Lllp lifted its position in Vident International Equity Strategy ETF by 27.7% during the 3rd quarter. Jones Financial Companies Lllp now owns 21,363 shares of the company’s stock worth $680,000 after acquiring an additional 4,636 shares in the last quarter. Finally, Flow Traders U.S. LLC boosted its holdings in Vident International Equity Strategy ETF by 211.5% in the 3rd quarter. Flow Traders U.S. LLC now owns 187,165 shares of the company’s stock worth $6,006,000 after acquiring an additional 127,084 shares during the period.

Vident International Equity Strategy ETF Stock Performance

Shares of NYSEARCA:VIDI traded down $0.40 during trading on Friday, reaching $35.41. 15,157 shares of the stock were exchanged, compared to its average volume of 32,585. Vident International Equity Strategy ETF has a 12-month low of $22.86 and a 12-month high of $38.99. The firm has a market cap of $410.76 million, a price-to-earnings ratio of 9.79 and a beta of 0.82. The firm’s 50-day moving average price is $36.69 and its 200 day moving average price is $34.06.

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.