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 large growth in short interest in February. As of February 28th, there was short interest totalling 1,150,000 shares, a growth of 26.7% from the February 13th total of 907,500 shares. Based on an average daily trading volume, of 498,500 shares, the days-to-cover ratio is presently 2.3 days. Approximately 1.0% of the shares of the company are short sold.

Institutional Trading of Vanguard International High Dividend Yield ETF

Large investors have recently added to or reduced their stakes in the business. Larson Financial Group LLC increased its position in Vanguard International High Dividend Yield ETF by 219.0% in the 4th quarter. Larson Financial Group LLC now owns 386 shares of the company’s stock valued at $26,000 after acquiring an additional 265 shares during the period. Decker Retirement Planning Inc. acquired a new stake in Vanguard International High Dividend Yield ETF in the 4th quarter valued at approximately $27,000. New Wave Wealth Advisors LLC acquired a new position in shares of Vanguard International High Dividend Yield ETF during the 4th quarter valued at $27,000. State Farm Mutual Automobile Insurance Co. acquired a new position in shares of Vanguard International High Dividend Yield ETF during the 4th quarter valued at $28,000. Finally, Vermillion Wealth Management Inc. acquired a new position in shares of Vanguard International High Dividend Yield ETF during the 4th quarter valued at $31,000.

Vanguard International High Dividend Yield ETF Price Performance

VYMI opened at $74.94 on Monday. Vanguard International High Dividend Yield ETF has a 12 month low of $65.43 and a 12 month high of $75.03. The stock has a market cap of $8.57 billion, a P/E ratio of 12.17 and a beta of 0.81. The stock’s 50 day moving average price is $71.14 and its 200 day moving average price is $71.02.

Vanguard International High Dividend Yield ETF Increases Dividend

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

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.