Vident U.S. Bond Strategy ETF (NYSEARCA:VBND) Sees Significant Decrease in Short Interest

Vident U.S. Bond Strategy ETF (NYSEARCA:VBND) saw a large decrease in short interest in the month of July. As of July 15th, there was short interest totaling 18,483 shares, a decrease of 56.4% from the June 30th total of 42,367 shares. Based on an average daily volume of 83,883 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.2% of the company’s stock are sold short.

Vident U.S. Bond Strategy ETF Price Performance

VBND stock opened at $42.95 on Monday. The business’s 50-day moving average is $43.46 and its two-hundred day moving average is $43.74. Vident U.S. Bond Strategy ETF has a 1 year low of $42.45 and a 1 year high of $45.25.

Vident U.S. Bond Strategy ETF Company Profile

The Vident Core U.S. Bond Strategy ETF (VBND) is an exchange-traded fund that is based on the Vident Core U.S. Bond index. The fund tracks a multi-factor-weighted USD bond index that is based on sector tail risk, security valuation, and issuer corporate governance. VBND was launched on Oct 16, 2014 and is managed by Vident.