Short Interest in The Opal International Dividend Income ETF (BATS:IDVZ) Decreases By 66.2%

The Opal International Dividend Income ETF (BATS:IDVZ) was the target of a significant decline in short interest in the month of May. As of May 15th, there was short interest totaling 16,001 shares, a decline of 66.2% from the April 30th total of 47,289 shares. Currently, 0.5% of the shares of the company are sold short. Based on an average trading volume of 13,162 shares, the short-interest ratio is currently 1.2 days.

Institutional Trading of Opal International Dividend Income ETF

Large investors have recently bought and sold shares of the company. 49 Wealth Management LLC raised its stake in shares of Opal International Dividend Income ETF by 16.2% in the fourth quarter. 49 Wealth Management LLC now owns 3,664,407 shares of the company’s stock valued at $116,455,000 after buying an additional 512,079 shares during the period. Citadel Advisors LLC grew its stake in shares of Opal International Dividend Income ETF by 592.1% during the 3rd quarter. Citadel Advisors LLC now owns 47,340 shares of the company’s stock worth $1,456,000 after acquiring an additional 40,500 shares during the period. Finally, Thrivent Financial for Lutherans bought a new position in shares of Opal International Dividend Income ETF during the 3rd quarter worth $536,000.

Opal International Dividend Income ETF Price Performance

Shares of Opal International Dividend Income ETF stock traded down $0.31 on Friday, reaching $34.41. 22,392 shares of the company traded hands, compared to its average volume of 15,216. The company has a 50 day moving average of $34.45 and a 200 day moving average of $33.30. Opal International Dividend Income ETF has a 52 week low of $26.09 and a 52 week high of $37.98. The firm has a market capitalization of $101.51 million and a PE ratio of 12.70.

Opal International Dividend Income ETF Company Profile

The Opal International Dividend Income ETF (IDVZ) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund is actively managed investing in dividend paying companies in the global ex-US space. It aims for capital appreciation and a higher dividend yield compared to the MSCI ACWI ex USA High Dividend Yield Total Return Index IDVZ was launched on Dec 26, 2024 and is issued by OPAL.