Vident International Equity Strategy ETF (NYSEARCA:VIDI) Shares Shorted: Short Interest Up 659.8% in October

Vident International Equity Strategy ETF (NYSEARCA:VIDI) was the target of a large increase in short interest in October. As of October 30th, there was short interest totaling 11,412 shares, an increase of 659.8% from the October 15th total of 1,502 shares. Based on an average daily trading volume, of 16,118 shares, the short-interest ratio is currently 0.7 days. Approximately 0.1% of the company’s shares are sold short.

Vident International Equity Strategy ETF Stock Down 0.7%

Vident International Equity Strategy ETF stock traded down $0.27 during mid-day trading on Thursday, hitting $38.18. 25,293 shares of the company’s stock were exchanged, compared to its average volume of 23,229. The firm has a market capitalization of $421.89 million, a P/E ratio of 9.79 and a beta of 0.81. Vident International Equity Strategy ETF has a fifty-two week low of $32.20 and a fifty-two week high of $41.68. The company’s 50 day simple moving average is $39.70 and its 200-day simple moving average is $38.86.

Institutional Investors Weigh In On Vident International Equity Strategy ETF

A hedge fund recently raised its position in Vident International Equity Strategy ETF stock. Farther Finance Advisors LLC lifted its holdings in Vident International Equity Strategy ETF (NYSEARCA:VIDI) by 2.2% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 16,485 shares of the company’s stock after purchasing an additional 350 shares during the quarter. Farther Finance Advisors LLC owned about 0.15% of Vident International Equity Strategy ETF worth $653,000 as of its most recent SEC filing.

About Vident International Equity Strategy ETF

The Vident International Equity Fund (VIDI) is an exchange-traded fund that is based on the Vident Core International Equity index. The fund tracks an index of companies from both developed and emerging markets, ex-US. The fund selects and weights its constituents in a tiered structure based on various risk and fundamental measures. VIDI was launched on Oct 29, 2013 and is managed by Vident.