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

Vanguard International High Dividend Yield ETF (NASDAQ:VYMI) was the target of a large growth in short interest in September. As of September 15th, there was short interest totalling 1,070,000 shares, a growth of 2,133.8% from the August 31st total of 47,900 shares. Based on an average trading volume of 379,500 shares, the days-to-cover ratio is currently 2.8 days.

Institutional Trading of Vanguard International High Dividend Yield ETF

Hedge funds and other institutional investors have recently bought and sold shares of the stock. GLOBALT Investments LLC GA purchased a new stake in shares of Vanguard International High Dividend Yield ETF during the 4th quarter valued at $431,000. Concurrent Investment Advisors LLC lifted its holdings in shares of Vanguard International High Dividend Yield ETF by 7.0% during the 1st quarter. Concurrent Investment Advisors LLC now owns 4,291 shares of the company’s stock valued at $295,000 after purchasing an additional 280 shares during the last quarter. Proathlete Wealth Management LLC purchased a new stake in shares of Vanguard International High Dividend Yield ETF during the 4th quarter valued at $715,000. 3Chopt Investment Partners LLC purchased a new position in Vanguard International High Dividend Yield ETF in the 4th quarter worth $222,000. Finally, Atria Wealth Solutions Inc. raised its stake in Vanguard International High Dividend Yield ETF by 14.6% in the 2nd quarter. Atria Wealth Solutions Inc. now owns 93,132 shares of the company’s stock worth $6,382,000 after acquiring an additional 11,887 shares during the last quarter.

Vanguard International High Dividend Yield ETF Trading Up 1.2 %

Shares of NASDAQ VYMI opened at $73.41 on Wednesday. The stock has a market capitalization of $8.01 billion, a PE ratio of 9.68 and a beta of 0.81. The stock’s fifty day simple moving average is $70.68 and its two-hundred day simple moving average is $69.73. Vanguard International High Dividend Yield ETF has a 12-month low of $59.20 and a 12-month high of $73.44.

Vanguard International High Dividend Yield ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 24th. Shareholders of record on Friday, September 20th were given a dividend of $0.697 per share. The ex-dividend date of this dividend was Friday, September 20th. This represents a $2.79 annualized dividend and a yield of 3.80%.

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.