Short Interest in Vident U.S. Bond Strategy ETF (NYSEARCA:VBND) Declines By 36.8%

Vident U.S. Bond Strategy ETF (NYSEARCA:VBND) was the recipient of a significant decline in short interest during the month of March. As of March 13th, there was short interest totaling 36,976 shares, a decline of 36.8% from the February 26th total of 58,527 shares. Based on an average daily volume of 19,771 shares, the days-to-cover ratio is currently 1.9 days. Currently, 0.3% of the company’s shares are short sold.

Vident U.S. Bond Strategy ETF Stock Down 0.4%

Shares of Vident U.S. Bond Strategy ETF stock traded down $0.16 on Friday, hitting $43.08. The stock had a trading volume of 10,507 shares, compared to its average volume of 24,592. Vident U.S. Bond Strategy ETF has a one year low of $42.47 and a one year high of $45.62. The stock’s 50-day simple moving average is $44.01 and its two-hundred day simple moving average is $44.16.

Vident U.S. Bond Strategy ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, February 19th. Investors of record on Wednesday, February 18th were paid a $0.1204 dividend. The ex-dividend date of this dividend was Wednesday, February 18th. This is a boost from Vident U.S. Bond Strategy ETF’s previous monthly dividend of $0.12. This represents a c) annualized dividend and a dividend yield of 3.4%.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Vident U.S. Bond Strategy ETF stock. Strategic Blueprint LLC raised its holdings in Vident U.S. Bond Strategy ETF (NYSEARCA:VBND) by 13.3% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 6,734 shares of the company’s stock after buying an additional 793 shares during the quarter. Strategic Blueprint LLC owned about 0.06% of Vident U.S. Bond Strategy ETF worth $298,000 at the end of the most recent quarter.

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.