The Opal International Dividend Income ETF (BATS:IDVZ) Sees Large Decrease in Short Interest

The Opal International Dividend Income ETF (BATS:IDVZ) was the target of a significant drop in short interest in the month of September. As of September 15th, there was short interest totaling 10,815 shares, a drop of 61.0% from the August 31st total of 27,757 shares. Based on an average daily trading volume, of 13,618 shares, the short-interest ratio is presently 0.8 days. Approximately 0.4% of the company’s stock are short sold.

Opal International Dividend Income ETF Stock Performance

IDVZ stock opened at $33.52 on Tuesday. Opal International Dividend Income ETF has a fifty-two week low of $27.33 and a fifty-two week high of $37.98. The business’s 50 day moving average price is $34.48 and its two-hundred day moving average price is $34.41. The company has a market capitalization of $98.88 million and a price-to-earnings ratio of 12.70.

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.