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

Vanguard International High Dividend Yield ETF (NASDAQ:VYMI) was the recipient of a significant growth in short interest during the month of September. As of September 15th, there was short interest totalling 1,070,000 shares, a growth of 2,133.8% from the August 31st total of 47,900 shares. Based on an average daily volume of 379,500 shares, the days-to-cover ratio is presently 2.8 days.

Institutional Investors Weigh In On Vanguard International High Dividend Yield ETF

Several large investors have recently added to or reduced their stakes in VYMI. OLD Mission Capital LLC increased its stake in Vanguard International High Dividend Yield ETF by 137.8% during the first quarter. OLD Mission Capital LLC now owns 451,508 shares of the company’s stock worth $31,064,000 after acquiring an additional 261,660 shares during the last quarter. Envestnet Asset Management Inc. increased its stake in Vanguard International High Dividend Yield ETF by 15.0% during the second quarter. Envestnet Asset Management Inc. now owns 1,805,785 shares of the company’s stock worth $123,750,000 after acquiring an additional 235,522 shares during the last quarter. Mercer Global Advisors Inc. ADV increased its stake in Vanguard International High Dividend Yield ETF by 47.6% during the second quarter. Mercer Global Advisors Inc. ADV now owns 485,079 shares of the company’s stock worth $33,242,000 after acquiring an additional 156,481 shares during the last quarter. Sanctuary Advisors LLC bought a new stake in Vanguard International High Dividend Yield ETF during the second quarter worth approximately $10,461,000. Finally, Drucker Wealth 3.0 LLC purchased a new position in shares of Vanguard International High Dividend Yield ETF during the second quarter valued at approximately $9,802,000.

Vanguard International High Dividend Yield ETF Trading Up 1.2 %

Shares of VYMI stock opened at $73.41 on Wednesday. Vanguard International High Dividend Yield ETF has a 12-month low of $59.20 and a 12-month high of $73.44. The stock’s 50-day moving average price is $70.68 and its 200-day moving average price is $69.73. The stock has a market capitalization of $8.01 billion, a price-to-earnings ratio of 9.68 and a beta of 0.81.

Vanguard International High Dividend Yield ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 24th. Stockholders of record on Friday, September 20th were issued a $0.697 dividend. The ex-dividend date of this dividend was Friday, September 20th. This represents a $2.79 annualized dividend and a dividend yield of 3.80%.

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.