Vanguard International High Dividend Yield ETF (NASDAQ:VYMI) Sees Significant Increase in Short Interest

Vanguard International High Dividend Yield ETF (NASDAQ:VYMI) was the target of a significant increase in short interest in December. As of December 31st, there was short interest totalling 375,500 shares, an increase of 31.4% from the December 15th total of 285,800 shares. Based on an average daily volume of 347,400 shares, the short-interest ratio is presently 1.1 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of VYMI. Captrust Financial Advisors raised its position in shares of Vanguard International High Dividend Yield ETF by 34,002.9% in the 3rd quarter. Captrust Financial Advisors now owns 1,744,365 shares of the company’s stock valued at $128,071,000 after purchasing an additional 1,739,250 shares in the last quarter. The Manufacturers Life Insurance Company increased its stake in shares of Vanguard International High Dividend Yield ETF by 48.4% in the third quarter. The Manufacturers Life Insurance Company now owns 1,191,046 shares of the company’s stock worth $87,447,000 after buying an additional 388,388 shares during the last quarter. International Assets Investment Management LLC raised its holdings in Vanguard International High Dividend Yield ETF by 7,680.0% in the third quarter. International Assets Investment Management LLC now owns 370,404 shares of the company’s stock valued at $27,195,000 after acquiring an additional 365,643 shares in the last quarter. HighTower Advisors LLC boosted its stake in Vanguard International High Dividend Yield ETF by 59.9% during the 3rd quarter. HighTower Advisors LLC now owns 471,611 shares of the company’s stock valued at $34,624,000 after acquiring an additional 176,592 shares during the last quarter. Finally, Mercer Global Advisors Inc. ADV grew its holdings in Vanguard International High Dividend Yield ETF by 47.6% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 485,079 shares of the company’s stock worth $33,242,000 after acquiring an additional 156,481 shares in the last quarter.

Vanguard International High Dividend Yield ETF Trading Down 0.1 %

Shares of VYMI stock opened at $68.24 on Friday. The firm has a fifty day simple moving average of $69.23 and a 200-day simple moving average of $70.46. The company has a market capitalization of $7.81 billion, a PE ratio of 9.68 and a beta of 0.81. Vanguard International High Dividend Yield ETF has a twelve month low of $64.09 and a twelve month high of $74.28.

Vanguard International High Dividend Yield ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 24th. Stockholders of record on Friday, December 20th were given a dividend of $0.9647 per share. This represents a $3.86 dividend on an annualized basis and a dividend yield of 5.65%. This is a positive change from Vanguard International High Dividend Yield ETF’s previous quarterly dividend of $0.70. The ex-dividend date was Friday, December 20th.

About Vanguard International High Dividend Yield ETF

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.