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

Vanguard International High Dividend Yield ETF (NASDAQ:VYMI) was the recipient of a significant drop in short interest in January. As of January 31st, there was short interest totalling 366,100 shares, a drop of 55.1% from the January 15th total of 816,200 shares. Based on an average daily volume of 435,500 shares, the short-interest ratio is currently 0.8 days.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. Greenwood Gearhart Inc. bought a new stake in Vanguard International High Dividend Yield ETF during the fourth quarter valued at $368,000. NewEdge Advisors LLC boosted its position in shares of Vanguard International High Dividend Yield ETF by 88.7% during the 4th quarter. NewEdge Advisors LLC now owns 117,328 shares of the company’s stock valued at $7,964,000 after acquiring an additional 55,159 shares during the last quarter. Evergreen Capital Management LLC grew its holdings in shares of Vanguard International High Dividend Yield ETF by 9.7% during the fourth quarter. Evergreen Capital Management LLC now owns 12,537 shares of the company’s stock worth $851,000 after purchasing an additional 1,107 shares in the last quarter. Ally Invest Advisors Inc. increased its position in shares of Vanguard International High Dividend Yield ETF by 2.6% in the fourth quarter. Ally Invest Advisors Inc. now owns 35,512 shares of the company’s stock worth $2,411,000 after purchasing an additional 902 shares during the last quarter. Finally, Anchor Investment Management LLC raised its stake in Vanguard International High Dividend Yield ETF by 5.2% in the fourth quarter. Anchor Investment Management LLC now owns 23,522 shares of the company’s stock valued at $1,597,000 after purchasing an additional 1,157 shares in the last quarter.

Vanguard International High Dividend Yield ETF Trading Up 1.0 %

Shares of VYMI stock opened at $72.41 on Friday. The firm’s 50 day moving average is $69.28 and its 200 day moving average is $70.49. The stock has a market capitalization of $8.28 billion, a P/E ratio of 9.68 and a beta of 0.81. Vanguard International High Dividend Yield ETF has a 12 month low of $65.12 and a 12 month high of $74.28.

Vanguard International High Dividend Yield ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 24th. Stockholders of record on Friday, December 20th were issued a $0.9647 dividend. This is a positive change from Vanguard International High Dividend Yield ETF’s previous quarterly dividend of $0.70. This represents a $3.86 dividend on an annualized basis and a dividend yield of 5.33%. The ex-dividend date of this dividend 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.