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

Vanguard International High Dividend Yield ETF (NASDAQ:VYMI) was the target of a significant growth in short interest in January. As of January 30th, there was short interest totaling 1,295,141 shares, a growth of 360.7% from the January 15th total of 281,128 shares. Approximately 0.8% of the shares of the company are short sold. Based on an average daily volume of 1,620,119 shares, the days-to-cover ratio is currently 0.8 days. Based on an average daily volume of 1,620,119 shares, the days-to-cover ratio is currently 0.8 days. Approximately 0.8% of the shares of the company are short sold.

Vanguard International High Dividend Yield ETF Price Performance

VYMI opened at $99.27 on Wednesday. The company has a market capitalization of $16.45 billion, a P/E ratio of 12.06 and a beta of 0.69. The firm’s fifty day moving average price is $92.03 and its two-hundred day moving average price is $87.29. Vanguard International High Dividend Yield ETF has a fifty-two week low of $65.08 and a fifty-two week high of $99.66.

Institutional Trading of Vanguard International High Dividend Yield ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Bank of America Corp DE lifted its stake in Vanguard International High Dividend Yield ETF by 14.5% during the second quarter. Bank of America Corp DE now owns 4,532,014 shares of the company’s stock worth $363,060,000 after purchasing an additional 574,038 shares during the period. Captrust Financial Advisors grew its stake in shares of Vanguard International High Dividend Yield ETF by 22.6% in the 2nd quarter. Captrust Financial Advisors now owns 2,277,509 shares of the company’s stock valued at $182,451,000 after purchasing an additional 420,173 shares during the period. Quaker Wealth Management LLC raised its holdings in shares of Vanguard International High Dividend Yield ETF by 152.6% in the 2nd quarter. Quaker Wealth Management LLC now owns 98,535 shares of the company’s stock worth $7,894,000 after buying an additional 285,866 shares in the last quarter. NorthRock Partners LLC lifted its position in shares of Vanguard International High Dividend Yield ETF by 169,385.9% during the 3rd quarter. NorthRock Partners LLC now owns 276,262 shares of the company’s stock worth $23,394,000 after buying an additional 276,099 shares during the period. Finally, Ameriprise Financial Inc. lifted its position in shares of Vanguard International High Dividend Yield ETF by 20.4% during the 2nd quarter. Ameriprise Financial Inc. now owns 1,629,960 shares of the company’s stock worth $130,575,000 after buying an additional 275,875 shares during the period.

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.