Vanguard International High Dividend Yield ETF (NASDAQ:VYMI) Sees Large Decline in Short Interest

Vanguard International High Dividend Yield ETF (NASDAQ:VYMI) was the recipient of a large drop in short interest during the month of March. As of March 13th, there was short interest totaling 22,499 shares, a drop of 96.7% from the February 26th total of 682,156 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 1,994,186 shares, the days-to-cover ratio is currently 0.0 days. Based on an average daily volume of 1,994,186 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company’s shares are sold short.

Vanguard International High Dividend Yield ETF Trading Down 0.4%

Shares of VYMI opened at $92.11 on Wednesday. The firm has a market cap of $15.27 billion, a P/E ratio of 12.06 and a beta of 0.69. Vanguard International High Dividend Yield ETF has a 12-month low of $65.08 and a 12-month high of $101.71. The company’s 50-day moving average price is $96.27 and its 200 day moving average price is $90.24.

Vanguard International High Dividend Yield ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 24th. Shareholders of record on Friday, March 20th were given a dividend of $0.708 per share. The ex-dividend date was Friday, March 20th. This represents a $2.83 dividend on an annualized basis and a dividend yield of 3.1%.

Institutional Investors Weigh In On Vanguard International High Dividend Yield ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Quartz Partners LLC increased its holdings in Vanguard International High Dividend Yield ETF by 2.9% in the 4th quarter. Quartz Partners LLC now owns 3,702 shares of the company’s stock valued at $333,000 after purchasing an additional 105 shares during the last quarter. FAS Wealth Partners Inc. lifted its stake in Vanguard International High Dividend Yield ETF by 0.9% during the fourth quarter. FAS Wealth Partners Inc. now owns 11,229 shares of the company’s stock worth $1,011,000 after purchasing an additional 105 shares in the last quarter. Wealth Management Associates Inc. lifted its stake in Vanguard International High Dividend Yield ETF by 3.3% during the fourth quarter. Wealth Management Associates Inc. now owns 3,555 shares of the company’s stock worth $320,000 after purchasing an additional 115 shares in the last quarter. Meridian Financial Advisors LLC boosted its position in shares of Vanguard International High Dividend Yield ETF by 1.2% during the fourth quarter. Meridian Financial Advisors LLC now owns 9,746 shares of the company’s stock worth $877,000 after buying an additional 118 shares during the period. Finally, Parallel Advisors LLC grew its stake in shares of Vanguard International High Dividend Yield ETF by 8.7% in the third quarter. Parallel Advisors LLC now owns 1,468 shares of the company’s stock valued at $124,000 after buying an additional 118 shares in the last quarter.

Vanguard International High Dividend Yield ETF Company Profile

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.