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

Vident International Equity Strategy ETF (NYSEARCA:VIDI) was the recipient of 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 short-interest ratio is currently 0.7 days. Approximately 0.1% of the company’s stock are short sold.

Vident International Equity Strategy ETF Stock Down 0.4%

Shares of VIDI stock opened at $38.10 on Wednesday. The firm has a market cap of $421.00 million, a price-to-earnings ratio of 9.79 and a beta of 0.81. The company’s 50 day moving average is $39.74 and its 200 day moving average is $38.85. 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

An institutional investor recently raised its position in Vident International Equity Strategy ETF stock. Farther Finance Advisors LLC grew its stake in Vident International Equity Strategy ETF (NYSEARCA:VIDI) by 2.2% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 16,485 shares of the company’s stock after acquiring an additional 350 shares during the quarter. Farther Finance Advisors LLC owned about 0.15% of Vident International Equity Strategy ETF worth $653,000 at the end of the most recent quarter.

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.