Vanguard International High Dividend Yield ETF (NASDAQ:VYMI) Sees Significant Growth in Short Interest

Vanguard International High Dividend Yield ETF (NASDAQ:VYMI) was the target of a significant increase in short interest in the month of November. As of November 30th, there was short interest totalling 422,800 shares, an increase of 114.2% from the November 15th total of 197,400 shares. Based on an average daily volume of 314,400 shares, the days-to-cover ratio is presently 1.3 days.

Vanguard International High Dividend Yield ETF Stock Performance

VYMI stock opened at $70.30 on Friday. The firm has a 50 day moving average price of $71.12 and a 200-day moving average price of $70.72. The firm has a market capitalization of $7.81 billion, a price-to-earnings ratio of 9.68 and a beta of 0.81. Vanguard International High Dividend Yield ETF has a 52-week low of $64.09 and a 52-week high of $74.28.

Vanguard International High Dividend Yield ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 24th. Investors of record on Friday, September 20th were given a $0.697 dividend. The ex-dividend date of this dividend was Friday, September 20th. This represents a $2.79 annualized dividend and a yield of 3.97%.

Institutional Investors Weigh In On Vanguard International High Dividend Yield ETF

Several large investors have recently bought and sold shares of the business. AMI Investment Management Inc. raised its stake in Vanguard International High Dividend Yield ETF by 2.9% during the 3rd quarter. AMI Investment Management Inc. now owns 4,921 shares of the company’s stock valued at $361,000 after buying an additional 138 shares during the last quarter. Charter Oak Capital Management LLC increased its holdings in Vanguard International High Dividend Yield ETF by 3.4% during the second quarter. Charter Oak Capital Management LLC now owns 4,878 shares of the company’s stock valued at $334,000 after buying an additional 160 shares during the last quarter. Integrated Wealth Concepts LLC raised its position in Vanguard International High Dividend Yield ETF by 1.2% in the third quarter. Integrated Wealth Concepts LLC now owns 14,612 shares of the company’s stock worth $1,073,000 after acquiring an additional 169 shares during the period. Private Trust Co. NA boosted its stake in shares of Vanguard International High Dividend Yield ETF by 2.3% during the 3rd quarter. Private Trust Co. NA now owns 7,758 shares of the company’s stock worth $570,000 after acquiring an additional 177 shares during the last quarter. Finally, Concurrent Investment Advisors LLC grew its holdings in Vanguard International High Dividend Yield ETF by 4.5% during the second quarter. Concurrent Investment Advisors LLC now owns 4,484 shares of the company’s stock valued at $307,000 after purchasing an additional 193 shares during the period.

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.