Short Interest in Vanguard International Dividend Appreciation ETF (NASDAQ:VIGI) Declines By 30.2%

Vanguard International Dividend Appreciation ETF (NASDAQ:VIGI) saw a significant decline in short interest in the month of December. As of December 15th, there was short interest totalling 157,900 shares, a decline of 30.2% from the November 30th total of 226,300 shares. Based on an average daily trading volume, of 231,800 shares, the days-to-cover ratio is currently 0.7 days.

Vanguard International Dividend Appreciation ETF Price Performance

VIGI stock traded down $0.03 during trading on Friday, reaching $80.67. The company had a trading volume of 229,096 shares, compared to its average volume of 245,882. The business has a 50 day moving average of $83.20 and a 200 day moving average of $84.15. The company has a market cap of $6.85 billion, a P/E ratio of 20.53 and a beta of 0.77. Vanguard International Dividend Appreciation ETF has a 52 week low of $77.28 and a 52 week high of $89.09.

Vanguard International Dividend Appreciation ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 24th. Investors of record on Friday, December 20th were given a dividend of $0.2619 per share. The ex-dividend date of this dividend was Friday, December 20th. This represents a $1.05 annualized dividend and a dividend yield of 1.30%.

Hedge Funds Weigh In On Vanguard International Dividend Appreciation ETF

A number of institutional investors have recently added to or reduced their stakes in the company. Strategic Investment Solutions Inc. IL purchased a new stake in shares of Vanguard International Dividend Appreciation ETF in the 2nd quarter worth about $28,000. Wilmington Savings Fund Society FSB bought a new stake in Vanguard International Dividend Appreciation ETF during the third quarter worth about $34,000. Exchange Traded Concepts LLC purchased a new stake in Vanguard International Dividend Appreciation ETF in the third quarter worth about $40,000. Kimelman & Baird LLC bought a new position in shares of Vanguard International Dividend Appreciation ETF during the second quarter valued at approximately $42,000. Finally, First Horizon Advisors Inc. purchased a new position in shares of Vanguard International Dividend Appreciation ETF during the third quarter valued at approximately $52,000.

About Vanguard International Dividend Appreciation ETF

The Vanguard International Dividend Appreciation ETF (VIGI) is an exchange-traded fund that is based on the S&P Global Ex-U.S. Dividend Growers index, a market-cap-weighted index of developed and emerging market firms (ex-US) that have increased their annual dividends for seven consecutive years. VIGI was launched on Feb 25, 2016 and is managed by Vanguard.