Short Interest in The Opal International Dividend Income ETF (BATS:IDVZ) Decreases By 51.2%

The Opal International Dividend Income ETF (BATS:IDVZ) was the recipient of a significant decrease in short interest in June. As of June 15th, there was short interest totaling 26,855 shares, a decrease of 51.2% from the May 31st total of 55,049 shares. Approximately 0.9% of the company’s stock are sold short. Based on an average daily trading volume, of 47,753 shares, the short-interest ratio is currently 0.6 days.

Opal International Dividend Income ETF Stock Up 0.5%

BATS:IDVZ opened at $34.49 on Tuesday. The company’s 50 day moving average price is $34.69 and its 200-day moving average price is $33.83. Opal International Dividend Income ETF has a 52 week low of $26.09 and a 52 week high of $37.98. The stock has a market cap of $101.75 million and a price-to-earnings ratio of 12.70.

Institutional Trading of Opal International Dividend Income ETF

A hedge fund recently raised its stake in Opal International Dividend Income ETF stock. Citadel Advisors LLC grew its holdings in The Opal International Dividend Income ETF (BATS:IDVZ) by 592.1% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 47,340 shares of the company’s stock after purchasing an additional 40,500 shares during the period. Citadel Advisors LLC owned about 1.31% of Opal International Dividend Income ETF worth $1,456,000 as of its most recent SEC filing.

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.