The Opal International Dividend Income ETF (BATS:IDVZ) Short Interest Update

The Opal International Dividend Income ETF (BATS:IDVZ) saw a large increase in short interest in the month of April. As of April 30th, there was short interest totaling 47,289 shares, an increase of 9,064.5% from the April 15th total of 516 shares. Currently, 1.6% of the shares of the stock are sold short. Based on an average trading volume of 18,035 shares, the short-interest ratio is presently 2.6 days.

Opal International Dividend Income ETF Price Performance

Shares of Opal International Dividend Income ETF stock traded up $0.11 during trading on Monday, hitting $35.02. The stock had a trading volume of 5,586 shares, compared to its average volume of 14,927. Opal International Dividend Income ETF has a fifty-two week low of $26.09 and a fifty-two week high of $37.98. The firm has a market cap of $103.31 million and a P/E ratio of 12.70. The business has a fifty day moving average of $34.13 and a two-hundred day moving average of $32.82.

Institutional Investors Weigh In On Opal International Dividend Income ETF

Hedge funds have recently made changes to their positions in the company. Thrivent Financial for Lutherans purchased a new position in shares of Opal International Dividend Income ETF during the 3rd quarter valued at $536,000. Citadel Advisors LLC grew its holdings in shares of Opal International Dividend Income ETF by 592.1% during the 3rd quarter. Citadel Advisors LLC now owns 47,340 shares of the company’s stock valued at $1,456,000 after acquiring an additional 40,500 shares in the last quarter. Finally, 49 Wealth Management LLC grew its holdings in shares of Opal International Dividend Income ETF by 12.7% during the 3rd quarter. 49 Wealth Management LLC now owns 3,152,328 shares of the company’s stock valued at $96,982,000 after acquiring an additional 354,134 shares in the last quarter.

About Opal International Dividend Income ETF

The Opal International Dividend Income ETF (IDVZ) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund is actively managed investing in dividend paying companies in the global ex-US space. It aims for capital appreciation and a higher dividend yield compared to the MSCI ACWI ex USA High Dividend Yield Total Return Index IDVZ was launched on Dec 26, 2024 and is issued by OPAL.