Vident U.S. Bond Strategy ETF (NYSEARCA:VBND) Stock Short Interest Report for October

Vident U.S. Bond Strategy ETF (NYSEARCA:VBND) was the target of a significant growth in short interest in October. As of October 30th, there was short interest totaling 27,624 shares, a growth of 184.9% from the October 15th total of 9,695 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 29,938 shares, the days-to-cover ratio is presently 0.9 days.

Vident U.S. Bond Strategy ETF Stock Down 0.6%

NYSEARCA:VBND opened at $42.01 on Friday. Vident U.S. Bond Strategy ETF has a twelve month low of $41.34 and a twelve month high of $44.57. The stock’s 50-day simple moving average is $42.11 and its 200 day simple moving average is $43.20.

Vident U.S. Bond Strategy ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, October 21st. Investors of record on Tuesday, October 20th were issued a dividend of $0.1714 per share. This is a drop from Vident U.S. Bond Strategy ETF’s previous monthly dividend of $0.1734. The ex-dividend date of this dividend was Tuesday, October 20th. This represents a $2.06 annualized dividend and a dividend yield of 4.9%.

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.