Short Interest in Vident U.S. Bond Strategy ETF (NYSEARCA:VBND) Increases By 92.0%

Vident U.S. Bond Strategy ETF (NYSEARCA:VBND) was the recipient of a significant increase in short interest during the month of August. As of August 31st, there was short interest totaling 36,915 shares, an increase of 92.0% from the August 15th total of 19,228 shares. Currently, 0.3% of the company’s stock are short sold. Based on an average daily volume of 17,638 shares, the days-to-cover ratio is presently 2.1 days.

Vident U.S. Bond Strategy ETF Price Performance

NYSEARCA:VBND traded down $0.05 during trading hours on Tuesday, hitting $42.33. 11,850 shares of the company traded hands, compared to its average volume of 24,859. The firm’s 50-day simple moving average is $43.01 and its 200-day simple moving average is $43.43. Vident U.S. Bond Strategy ETF has a one year low of $41.40 and a one year high of $45.25.

Vident U.S. Bond Strategy ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Wednesday, August 19th. Stockholders of record on Tuesday, August 18th were paid a $0.1648 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.7%. The ex-dividend date was Tuesday, August 18th.

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.