Short Interest in Vanguard International High Dividend Yield ETF (NASDAQ:VYMI) Expands By 26.7%

Vanguard International High Dividend Yield ETF (NASDAQ:VYMI) was the recipient of a significant increase in short interest during the month of February. As of February 28th, there was short interest totalling 1,150,000 shares, an increase of 26.7% from the February 13th total of 907,500 shares. Approximately 1.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 498,500 shares, the days-to-cover ratio is presently 2.3 days.

Vanguard International High Dividend Yield ETF Stock Performance

Vanguard International High Dividend Yield ETF stock opened at $75.96 on Wednesday. The firm has a market cap of $8.69 billion, a price-to-earnings ratio of 12.17 and a beta of 0.81. Vanguard International High Dividend Yield ETF has a 1 year low of $65.43 and a 1 year high of $76.04. The firm’s 50 day moving average price is $71.44 and its two-hundred day moving average price is $71.07.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. JPMorgan Chase & Co. grew its position in Vanguard International High Dividend Yield ETF by 5.3% in the third quarter. JPMorgan Chase & Co. now owns 380,120 shares of the company’s stock worth $27,908,000 after buying an additional 19,292 shares during the last quarter. MBA Advisors LLC grew its position in Vanguard International High Dividend Yield ETF by 9.0% in the fourth quarter. MBA Advisors LLC now owns 13,654 shares of the company’s stock worth $927,000 after buying an additional 1,124 shares during the last quarter. Empowered Funds LLC acquired a new position in Vanguard International High Dividend Yield ETF in the fourth quarter worth approximately $160,000. Steward Partners Investment Advisory LLC grew its position in Vanguard International High Dividend Yield ETF by 39.7% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 12,421 shares of the company’s stock worth $843,000 after buying an additional 3,529 shares during the last quarter. Finally, US Bancorp DE grew its position in Vanguard International High Dividend Yield ETF by 20.7% during the 4th quarter. US Bancorp DE now owns 10,981 shares of the company’s stock worth $745,000 after purchasing an additional 1,886 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.