Vanguard International Dividend Appreciation ETF (NASDAQ:VIGI) Sees Significant Increase in Short Interest

Vanguard International Dividend Appreciation ETF (NASDAQ:VIGI) saw a large growth in short interest in August. As of August 14th, there was short interest totaling 301,944 shares, a growth of 197.7% from the July 30th total of 101,437 shares. Approximately 0.3% of the company’s stock are short sold. Based on an average trading volume of 271,999 shares, the days-to-cover ratio is currently 1.1 days.

Vanguard International Dividend Appreciation ETF Trading Up 0.2%

Shares of NASDAQ VIGI traded up $0.15 during midday trading on Thursday, reaching $98.62. The company’s stock had a trading volume of 191,588 shares, compared to its average volume of 368,561. The stock has a 50 day simple moving average of $96.22 and a 200-day simple moving average of $93.68. The stock has a market capitalization of $9.21 billion, a price-to-earnings ratio of 21.41 and a beta of 0.70. Vanguard International Dividend Appreciation ETF has a fifty-two week low of $85.23 and a fifty-two week high of $99.88.

Vanguard International Dividend Appreciation ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 23rd. Investors of record on Thursday, June 18th were given a $0.5337 dividend. The ex-dividend date of this dividend was Thursday, June 18th. This represents a $2.13 dividend on an annualized basis and a yield of 2.2%.

Institutional Investors Weigh In On Vanguard International Dividend Appreciation ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Brown Brothers Harriman & Co. bought a new position in shares of Vanguard International Dividend Appreciation ETF in the 3rd quarter valued at about $27,000. Arax Advisory Partners bought a new stake in Vanguard International Dividend Appreciation ETF during the fourth quarter worth about $29,000. Strive Financial Group LLC acquired a new position in Vanguard International Dividend Appreciation ETF during the fourth quarter valued at approximately $30,000. Triumph Capital Management acquired a new position in Vanguard International Dividend Appreciation ETF during the third quarter valued at approximately $34,000. Finally, HM Payson & Co. boosted its position in Vanguard International Dividend Appreciation ETF by 99.5% during the fourth quarter. HM Payson & Co. now owns 437 shares of the company’s stock valued at $40,000 after purchasing an additional 218 shares during the last quarter.

Vanguard International Dividend Appreciation ETF Company Profile

The Vanguard International Dividend Appreciation ETF (VIGI) is an exchange-traded fund that is based on the S&P Global Ex-U.S. Dividend Growers index, a market-cap-weighted index of developed and emerging market firms (ex-US) that have increased their annual dividends for seven consecutive years. VIGI was launched on Feb 25, 2016 and is managed by Vanguard.