Vanguard International High Dividend Yield ETF (NASDAQ:VYMI) Short Interest Down 56.8% in April

Vanguard International High Dividend Yield ETF (NASDAQ:VYMI) was the target of a significant drop in short interest in the month of April. As of April 30th, there was short interest totaling 279,019 shares, a drop of 56.8% from the April 15th total of 646,321 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average trading volume of 940,964 shares, the days-to-cover ratio is currently 0.3 days.

Vanguard International High Dividend Yield ETF Price Performance

Shares of VYMI stock traded down $1.30 during trading hours on Friday, hitting $98.27. The stock had a trading volume of 789,952 shares, compared to its average volume of 1,395,522. Vanguard International High Dividend Yield ETF has a one year low of $77.46 and a one year high of $101.71. The stock’s 50-day moving average price is $96.46 and its two-hundred day moving average price is $93.38. The stock has a market capitalization of $18.78 billion, a price-to-earnings ratio of 12.06 and a beta of 0.61.

Vanguard International High Dividend Yield ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 24th. Stockholders of record on Friday, March 20th were issued a $0.708 dividend. This represents a $2.83 annualized dividend and a dividend yield of 2.9%. The ex-dividend date of this dividend was Friday, March 20th.

Institutional Investors Weigh In On Vanguard International High Dividend Yield ETF

Several large investors have recently made changes to their positions in VYMI. Align Financial LLC bought a new stake in shares of Vanguard International High Dividend Yield ETF in the fourth quarter worth about $102,920,000. Jane Street Group LLC increased its holdings in shares of Vanguard International High Dividend Yield ETF by 175.0% in the fourth quarter. Jane Street Group LLC now owns 1,100,000 shares of the company’s stock worth $99,000,000 after purchasing an additional 700,000 shares during the last quarter. Bank of America Corp DE increased its holdings in shares of Vanguard International High Dividend Yield ETF by 14.5% in the second quarter. Bank of America Corp DE now owns 4,532,014 shares of the company’s stock worth $363,060,000 after purchasing an additional 574,038 shares during the last quarter. Captrust Financial Advisors increased its holdings in shares of Vanguard International High Dividend Yield ETF by 22.6% in the second quarter. Captrust Financial Advisors now owns 2,277,509 shares of the company’s stock worth $182,451,000 after purchasing an additional 420,173 shares during the last quarter. Finally, Raymond James Financial Inc. increased its holdings in shares of Vanguard International High Dividend Yield ETF by 42.4% in the fourth quarter. Raymond James Financial Inc. now owns 1,376,242 shares of the company’s stock worth $123,862,000 after purchasing an additional 409,904 shares during the last quarter.

About Vanguard International High Dividend Yield ETF

The Vanguard International High Dividend Yield ETF (VYMI) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund tracks a market-cap-weighted index of developed and emerging market firms (ex-US) that are expected to pay above average dividends over the next 12 months. VYMI was launched on Feb 25, 2016 and is managed by Vanguard.