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

Vanguard International High Dividend Yield ETF (NASDAQ:VYMI) saw a significant increase in short interest in the month of January. As of January 15th, there was short interest totalling 375,500 shares, an increase of 31.4% from the December 31st total of 285,800 shares. Based on an average trading volume of 347,400 shares, the short-interest ratio is currently 1.1 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Orgel Wealth Management LLC increased its stake in Vanguard International High Dividend Yield ETF by 3.0% during the 4th quarter. Orgel Wealth Management LLC now owns 2,589,224 shares of the company’s stock worth $175,757,000 after acquiring an additional 75,346 shares during the period. Captrust Financial Advisors increased its position in shares of Vanguard International High Dividend Yield ETF by 34,002.9% in the third quarter. Captrust Financial Advisors now owns 1,744,365 shares of the company’s stock worth $128,071,000 after purchasing an additional 1,739,250 shares during the period. The Manufacturers Life Insurance Company increased its position in shares of Vanguard International High Dividend Yield ETF by 48.4% in the third quarter. The Manufacturers Life Insurance Company now owns 1,191,046 shares of the company’s stock worth $87,447,000 after purchasing an additional 388,388 shares during the period. Confluence Wealth Services Inc. raised its stake in Vanguard International High Dividend Yield ETF by 14.0% in the fourth quarter. Confluence Wealth Services Inc. now owns 1,055,216 shares of the company’s stock valued at $73,675,000 after purchasing an additional 129,587 shares in the last quarter. Finally, Sageworth Trust Co lifted its position in Vanguard International High Dividend Yield ETF by 0.8% during the third quarter. Sageworth Trust Co now owns 688,222 shares of the company’s stock worth $50,529,000 after purchasing an additional 5,127 shares during the period.

Vanguard International High Dividend Yield ETF Price Performance

NASDAQ VYMI traded down $0.74 on Friday, reaching $70.23. The stock had a trading volume of 434,896 shares, compared to its average volume of 511,745. The company has a market cap of $8.03 billion, a P/E ratio of 9.68 and a beta of 0.81. The firm has a fifty day moving average of $69.17 and a two-hundred day moving average of $70.45. Vanguard International High Dividend Yield ETF has a 1-year low of $64.58 and a 1-year high of $74.28.

Vanguard International High Dividend Yield ETF Increases Dividend

The firm 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. This represents a $3.86 dividend on an annualized basis and a yield of 5.49%. This is a positive change from Vanguard International High Dividend Yield ETF’s previous quarterly dividend of $0.70. The ex-dividend date was Friday, December 20th.

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.