Vanguard International High Dividend Yield ETF (NASDAQ:VYMI) Short Interest Down 32.4% in December

Vanguard International High Dividend Yield ETF (NASDAQ:VYMI) was the target of a significant decline in short interest in December. As of December 15th, there was short interest totalling 285,800 shares, a decline of 32.4% from the November 30th total of 422,800 shares. Based on an average daily volume of 330,500 shares, the days-to-cover ratio is currently 0.9 days.

Vanguard International High Dividend Yield ETF Stock Down 0.2 %

VYMI traded down $0.16 during trading hours on Friday, hitting $68.07. 336,563 shares of the company’s stock were exchanged, compared to its average volume of 361,021. The stock’s 50-day moving average is $70.22 and its two-hundred day moving average is $70.56. Vanguard International High Dividend Yield ETF has a 1-year low of $64.09 and a 1-year high of $74.28. The stock has a market cap of $7.56 billion, a price-to-earnings ratio of 9.68 and a beta of 0.81.

Vanguard International High Dividend Yield ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 24th. Investors of record on Friday, December 20th were given a dividend of $0.9647 per share. The ex-dividend date was Friday, December 20th. This is a boost from Vanguard International High Dividend Yield ETF’s previous quarterly dividend of $0.70. This represents a $3.86 annualized dividend and a yield of 5.67%.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the stock. Zhang Financial LLC grew its stake in shares of Vanguard International High Dividend Yield ETF by 15.8% in the third quarter. Zhang Financial LLC now owns 39,249 shares of the company’s stock valued at $2,882,000 after buying an additional 5,354 shares in the last quarter. Cedar Mountain Advisors LLC increased its stake in shares of Vanguard International High Dividend Yield ETF by 0.8% during the 3rd quarter. Cedar Mountain Advisors LLC now owns 108,061 shares of the company’s stock worth $7,934,000 after purchasing an additional 894 shares during the last quarter. Farther Finance Advisors LLC lifted its stake in Vanguard International High Dividend Yield ETF by 65.1% in the 2nd quarter. Farther Finance Advisors LLC now owns 6,073 shares of the company’s stock valued at $417,000 after purchasing an additional 2,394 shares during the last quarter. Citigroup Inc. grew its holdings in Vanguard International High Dividend Yield ETF by 0.4% during the third quarter. Citigroup Inc. now owns 136,040 shares of the company’s stock worth $9,988,000 after purchasing an additional 499 shares during the period. Finally, High Net Worth Advisory Group LLC increased its position in Vanguard International High Dividend Yield ETF by 10.5% during the third quarter. High Net Worth Advisory Group LLC now owns 45,116 shares of the company’s stock worth $3,313,000 after buying an additional 4,277 shares during the last quarter.

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.