Short Interest in Vanguard International High Dividend Yield ETF (NASDAQ:VYMI) Drops By 59.5%

Vanguard International High Dividend Yield ETF (NASDAQ:VYMI) was the target of a significant decline in short interest in the month of July. As of July 15th, there was short interest totalling 127,700 shares, a decline of 59.5% from the June 30th total of 315,500 shares. Based on an average daily trading volume, of 286,000 shares, the short-interest ratio is currently 0.4 days.

Vanguard International High Dividend Yield ETF Trading Down 0.4 %

VYMI stock traded down $0.29 during midday trading on Thursday, hitting $69.34. The stock had a trading volume of 25,885 shares, compared to its average volume of 357,629. The firm has a market cap of $7.57 billion, a P/E ratio of 9.68 and a beta of 0.81. Vanguard International High Dividend Yield ETF has a 1-year low of $59.20 and a 1-year high of $71.82. The business has a fifty day moving average price of $70.00 and a two-hundred day moving average price of $68.30.

Vanguard International High Dividend Yield ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 25th. Shareholders of record on Friday, June 21st were paid a $1.009 dividend. This is an increase from Vanguard International High Dividend Yield ETF’s previous quarterly dividend of $0.62. This represents a $4.04 annualized dividend and a yield of 5.82%. The ex-dividend date of this dividend was Friday, June 21st.

Institutional Investors Weigh In On Vanguard International High Dividend Yield ETF

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Peoples Bank KS bought a new stake in Vanguard International High Dividend Yield ETF in the second quarter valued at $27,000. Bay Harbor Wealth Management LLC bought a new stake in Vanguard International High Dividend Yield ETF in the first quarter valued at $43,000. Adirondack Trust Co. increased its stake in Vanguard International High Dividend Yield ETF by 535.2% in the first quarter. Adirondack Trust Co. now owns 686 shares of the company’s stock valued at $47,000 after purchasing an additional 578 shares in the last quarter. Whittier Trust Co. of Nevada Inc. increased its stake in Vanguard International High Dividend Yield ETF by 142.4% in the first quarter. Whittier Trust Co. of Nevada Inc. now owns 703 shares of the company’s stock valued at $48,000 after purchasing an additional 413 shares in the last quarter. Finally, Baystate Wealth Management LLC bought a new stake in Vanguard International High Dividend Yield ETF in the fourth quarter valued at $67,000.

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.