Short Interest in Vident U.S. Bond Strategy ETF (NYSEARCA:VBND) Declines By 85.7%

Vident U.S. Bond Strategy ETF (NYSEARCA:VBND) saw a significant decline in short interest in April. As of April 15th, there was short interest totaling 2,310 shares, a decline of 85.7% from the March 31st total of 16,104 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 30,517 shares, the days-to-cover ratio is presently 0.1 days.

Vident U.S. Bond Strategy ETF Stock Performance

Shares of NYSEARCA:VBND traded up $0.11 during midday trading on Friday, reaching $43.86. 22,287 shares of the company traded hands, compared to its average volume of 24,466. The firm’s fifty day moving average price is $43.85 and its two-hundred day moving average price is $44.07. Vident U.S. Bond Strategy ETF has a 12 month low of $42.45 and a 12 month high of $45.28.

Vident U.S. Bond Strategy ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, February 19th. Stockholders of record on Wednesday, February 18th were given a dividend of $0.1204 per share. This is a boost from Vident U.S. Bond Strategy ETF’s previous monthly dividend of $0.12. This represents a c) annualized dividend and a dividend yield of 3.3%. The ex-dividend date was Wednesday, February 18th.

Institutional Investors Weigh In On Vident U.S. Bond Strategy ETF

A hedge fund recently raised its stake in Vident U.S. Bond Strategy ETF stock. Strategic Blueprint LLC boosted its position in shares of Vident U.S. Bond Strategy ETF (NYSEARCA:VBND) by 13.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,734 shares of the company’s stock after acquiring an additional 793 shares during the period. Strategic Blueprint LLC owned 0.06% of Vident U.S. Bond Strategy ETF worth $298,000 as of its most recent SEC filing.

About Vident U.S. Bond Strategy ETF

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.