Vanguard International High Dividend Yield ETF (NASDAQ:VYMI) Short Interest Update

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

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the business. First PREMIER Bank increased its position in Vanguard International High Dividend Yield ETF by 0.3% during the fourth quarter. First PREMIER Bank now owns 66,709 shares of the company’s stock worth $4,528,000 after buying an additional 198 shares during the last quarter. True North Advisors LLC acquired a new position in shares of Vanguard International High Dividend Yield ETF during the 4th quarter valued at about $319,000. Janney Montgomery Scott LLC bought a new position in shares of Vanguard International High Dividend Yield ETF in the 4th quarter valued at approximately $16,005,000. Paragon Financial Partners Inc. raised its stake in shares of Vanguard International High Dividend Yield ETF by 2.7% in the 4th quarter. Paragon Financial Partners Inc. now owns 6,160 shares of the company’s stock valued at $418,000 after acquiring an additional 161 shares in the last quarter. Finally, Janney Capital Management LLC acquired a new stake in Vanguard International High Dividend Yield ETF in the 4th quarter worth approximately $3,091,000.

Vanguard International High Dividend Yield ETF Stock Performance

NASDAQ:VYMI opened at $68.55 on Friday. The company has a market capitalization of $7.84 billion, a P/E ratio of 9.68 and a beta of 0.81. The stock’s 50 day moving average price is $69.18 and its 200 day moving average price is $70.46. Vanguard International High Dividend Yield ETF has a 52 week low of $64.34 and a 52 week 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. Stockholders of record on Friday, December 20th were paid a dividend of $0.9647 per share. 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. This represents a $3.86 annualized dividend and a dividend yield of 5.63%.

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.