Vanguard International High Dividend Yield ETF (NASDAQ:VYMI) Sees Large Growth in Short Interest

Vanguard International High Dividend Yield ETF (NASDAQ:VYMI) was the target of a significant increase in short interest in February. As of February 28th, there was short interest totalling 1,150,000 shares, an increase of 26.7% from the February 13th total of 907,500 shares. Based on an average trading volume of 498,500 shares, the days-to-cover ratio is presently 2.3 days. Currently, 1.0% of the company’s stock are sold short.

Vanguard International High Dividend Yield ETF Stock Performance

NASDAQ:VYMI opened at $74.94 on Monday. Vanguard International High Dividend Yield ETF has a one year low of $65.43 and a one year high of $75.03. The business’s 50-day simple moving average is $71.14 and its 200 day simple moving average is $71.02. The stock has a market cap of $8.57 billion, a price-to-earnings ratio of 12.17 and a beta of 0.81.

Vanguard International High Dividend Yield ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 24th. Shareholders of record on Friday, December 20th were paid a dividend of $0.9647 per share. The ex-dividend date of this dividend was Friday, December 20th. This represents a $3.86 annualized dividend and a yield of 5.15%. This is a boost from Vanguard International High Dividend Yield ETF’s previous quarterly dividend of $0.70.

Institutional Trading of Vanguard International High Dividend Yield ETF

Several institutional investors and hedge funds have recently bought and sold shares of the company. Wealthfront Advisers LLC raised its stake in Vanguard International High Dividend Yield ETF by 69,617.2% during the fourth quarter. Wealthfront Advisers LLC now owns 23,916,500 shares of the company’s stock valued at $1,623,452,000 after buying an additional 23,882,195 shares in the last quarter. Orgel Wealth Management LLC raised its position in shares of Vanguard International High Dividend Yield ETF by 3.0% during the 4th quarter. Orgel Wealth Management LLC now owns 2,589,224 shares of the company’s stock worth $175,757,000 after purchasing an additional 75,346 shares during the period. Wells Fargo & Company MN raised its position in shares of Vanguard International High Dividend Yield ETF by 3.9% during the 4th quarter. Wells Fargo & Company MN now owns 1,826,293 shares of the company’s stock worth $123,969,000 after purchasing an additional 67,749 shares during the period. Captrust Financial Advisors raised its position in shares of Vanguard International High Dividend Yield ETF by 3.3% during the 4th quarter. Captrust Financial Advisors now owns 1,801,458 shares of the company’s stock worth $122,283,000 after purchasing an additional 57,093 shares during the period. Finally, LPL Financial LLC raised its position in shares of Vanguard International High Dividend Yield ETF by 11.9% during the 4th quarter. LPL Financial LLC now owns 1,362,664 shares of the company’s stock worth $92,498,000 after purchasing an additional 144,438 shares during the period.

Vanguard International High Dividend Yield ETF Company Profile

The Vanguard International High Dividend Yield ETF (VYMI) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund tracks a market-cap-weighted index of developed and emerging market firms (ex-US) that are expected to pay above average dividends over the next 12 months. VYMI was launched on Feb 25, 2016 and is managed by Vanguard.