Short Interest in The Opal International Dividend Income ETF (BATS:IDVZ) Drops By 85.9%

The Opal International Dividend Income ETF (BATS:IDVZ) was the target of a significant drop in short interest in the month of July. As of July 31st, there was short interest totaling 37,168 shares, a drop of 85.9% from the July 15th total of 262,985 shares. Based on an average trading volume of 21,361 shares, the days-to-cover ratio is currently 1.7 days. Approximately 1.3% of the shares of the stock are short sold.

Institutional Trading of Opal International Dividend Income ETF

An institutional investor recently raised its position in Opal International Dividend Income ETF stock. Citadel Advisors LLC boosted its position in shares of The Opal International Dividend Income ETF (BATS:IDVZ) by 592.1% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 47,340 shares of the company’s stock after buying an additional 40,500 shares during the quarter. Citadel Advisors LLC owned 1.31% of Opal International Dividend Income ETF worth $1,456,000 at the end of the most recent quarter.

Opal International Dividend Income ETF Price Performance

IDVZ opened at $34.53 on Thursday. The company has a market capitalization of $101.86 million and a price-to-earnings ratio of 12.70. Opal International Dividend Income ETF has a 1-year low of $27.33 and a 1-year high of $37.98. The business has a 50 day moving average price of $34.58 and a two-hundred day moving average price of $34.46.

Opal International Dividend Income ETF Company Profile

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.