Vident U.S. Bond Strategy ETF (NYSEARCA:VBND) Shares Shorted: Short Interest Down 35.8% in October

Vident U.S. Bond Strategy ETF (NYSEARCA:VBND) was the recipient of a large decline in short interest during the month of October. As of October 15th, there was short interest totaling 9,695 shares, a decline of 35.8% from the September 30th total of 15,095 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average trading volume of 49,420 shares, the days-to-cover ratio is currently 0.2 days.

Vident U.S. Bond Strategy ETF Price Performance

Shares of Vident U.S. Bond Strategy ETF stock opened at $42.38 on Monday. Vident U.S. Bond Strategy ETF has a 52-week low of $41.34 and a 52-week high of $44.83. The company has a fifty day moving average of $42.21 and a 200-day moving average of $43.28.

Vident U.S. Bond Strategy ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, October 21st. Shareholders of record on Tuesday, October 20th were given a dividend of $0.1714 per share. The ex-dividend date was Tuesday, October 20th. This is a negative change from Vident U.S. Bond Strategy ETF’s previous monthly dividend of $0.1734. This represents a $2.06 annualized dividend and a yield of 4.9%.

Vident U.S. Bond Strategy ETF Company Profile

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.