Vident U.S. Bond Strategy ETF (NYSEARCA:VBND) Short Interest Update

Vident U.S. Bond Strategy ETF (NYSEARCA:VBND) was the target of a large decrease in short interest in the month of September. As of September 15th, there was short interest totaling 18,910 shares, a decrease of 48.8% from the August 31st total of 36,915 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average daily trading volume, of 19,951 shares, the short-interest ratio is presently 0.9 days.

Vident U.S. Bond Strategy ETF Price Performance

Vident U.S. Bond Strategy ETF stock traded up $0.05 during trading hours on Thursday, reaching $41.59. The stock had a trading volume of 59,080 shares, compared to its average volume of 24,856. The company has a fifty day simple moving average of $42.71 and a 200-day simple moving average of $43.25. Vident U.S. Bond Strategy ETF has a 52 week low of $41.35 and a 52 week high of $45.25.

Vident U.S. Bond Strategy ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, September 18th. Stockholders of record on Thursday, September 17th were issued a dividend of $0.1734 per share. This is an increase from Vident U.S. Bond Strategy ETF’s previous monthly dividend of $0.1648. This represents a $2.08 dividend on an annualized basis and a dividend yield of 5.0%. The ex-dividend date was Thursday, September 17th.

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.