Vanguard International High Dividend Yield ETF (NASDAQ:VYMI) Sees Large Decline in Short Interest

Vanguard International High Dividend Yield ETF (NASDAQ:VYMI) was the target of a significant decrease in short interest in the month of August. As of August 31st, there was short interest totalling 47,900 shares, a decrease of 22.9% from the August 15th total of 62,100 shares. Based on an average daily volume of 371,100 shares, the short-interest ratio is presently 0.1 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of VYMI. Transcend Capital Advisors LLC lifted its position in shares of Vanguard International High Dividend Yield ETF by 4.8% during the second quarter. Transcend Capital Advisors LLC now owns 3,363 shares of the company’s stock worth $230,000 after acquiring an additional 153 shares in the last quarter. Fonville Wealth Management LLC lifted its holdings in Vanguard International High Dividend Yield ETF by 3.2% during the 1st quarter. Fonville Wealth Management LLC now owns 5,124 shares of the company’s stock worth $353,000 after purchasing an additional 157 shares in the last quarter. Sugarloaf Wealth Management LLC boosted its stake in Vanguard International High Dividend Yield ETF by 4.0% in the 2nd quarter. Sugarloaf Wealth Management LLC now owns 4,187 shares of the company’s stock worth $287,000 after purchasing an additional 160 shares during the period. Charter Oak Capital Management LLC grew its holdings in Vanguard International High Dividend Yield ETF by 3.4% during the 2nd quarter. Charter Oak Capital Management LLC now owns 4,878 shares of the company’s stock valued at $334,000 after buying an additional 160 shares in the last quarter. Finally, Concurrent Investment Advisors LLC grew its holdings in Vanguard International High Dividend Yield ETF by 4.5% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 4,484 shares of the company’s stock valued at $307,000 after buying an additional 193 shares in the last quarter.

Vanguard International High Dividend Yield ETF Price Performance

NASDAQ:VYMI opened at $71.86 on Friday. Vanguard International High Dividend Yield ETF has a 1 year low of $59.20 and a 1 year high of $72.66. The business has a fifty day simple moving average of $70.37 and a two-hundred day simple moving average of $69.48. The company has a market capitalization of $7.85 billion, a P/E ratio of 9.68 and a beta of 0.81.

Vanguard International High Dividend Yield ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 25th. Stockholders of record on Friday, June 21st were paid a $1.009 dividend. This is an increase from Vanguard International High Dividend Yield ETF’s previous quarterly dividend of $0.62. The ex-dividend date was Friday, June 21st. This represents a $4.04 annualized dividend and a dividend yield of 5.62%.

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.