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

Vanguard International High Dividend Yield ETF (NASDAQ:VYMI) saw a large increase in short interest during the month of November. As of November 30th, there was short interest totalling 422,800 shares, an increase of 114.2% from the November 15th total of 197,400 shares. Based on an average trading volume of 314,400 shares, the short-interest ratio is presently 1.3 days.

Institutional Trading of Vanguard International High Dividend Yield ETF

Several hedge funds have recently modified their holdings of the company. Abound Wealth Management raised its stake in Vanguard International High Dividend Yield ETF by 2,684.6% during the second quarter. Abound Wealth Management now owns 362 shares of the company’s stock valued at $25,000 after purchasing an additional 349 shares in the last quarter. Eastern Bank bought a new position in shares of Vanguard International High Dividend Yield ETF in the 3rd quarter valued at about $29,000. Blue Trust Inc. purchased a new position in Vanguard International High Dividend Yield ETF in the third quarter worth about $44,000. Kimelman & Baird LLC bought a new stake in Vanguard International High Dividend Yield ETF during the second quarter worth approximately $48,000. Finally, National Bank of Canada FI raised its position in Vanguard International High Dividend Yield ETF by 154.7% during the second quarter. National Bank of Canada FI now owns 917 shares of the company’s stock valued at $63,000 after purchasing an additional 557 shares during the period.

Vanguard International High Dividend Yield ETF Stock Down 0.9 %

Shares of VYMI stock opened at $70.30 on Friday. Vanguard International High Dividend Yield ETF has a 52 week low of $64.09 and a 52 week high of $74.28. The company’s fifty day simple moving average is $71.12 and its two-hundred day simple moving average is $70.72. The stock has a market cap of $7.81 billion, a P/E ratio of 9.68 and a beta of 0.81.

Vanguard International High Dividend Yield ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 24th. Shareholders of record on Friday, September 20th were paid a $0.697 dividend. This represents a $2.79 dividend on an annualized basis and a yield of 3.97%. The ex-dividend date of this dividend was Friday, September 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.