The Opal International Dividend Income ETF (BATS:IDVZ) Short Interest Up 244.0% in May

The Opal International Dividend Income ETF (BATS:IDVZGet Free Report) was the recipient of a significant growth in short interest in the month of May. As of May 29th, there was short interest totaling 55,049 shares, a growth of 244.0% from the May 14th total of 16,001 shares. Based on an average trading volume of 18,273 shares, the short-interest ratio is currently 3.0 days. Approximately 1.9% of the shares of the stock are sold short.

Opal International Dividend Income ETF Stock Up 0.8%

IDVZ stock traded up $0.27 on Friday, reaching $35.11. 2,462 shares of the company’s stock were exchanged, compared to its average volume of 18,351. The stock has a fifty day moving average of $34.69 and a 200-day moving average of $33.53. The firm has a market cap of $103.57 million and a PE ratio of 12.70. Opal International Dividend Income ETF has a twelve month low of $26.09 and a twelve month high of $37.98.

Institutional Trading of Opal International Dividend Income ETF

A number of institutional investors have recently bought and sold shares of the company. Thrivent Financial for Lutherans purchased a new stake in Opal International Dividend Income ETF during the third quarter worth $536,000. Citadel Advisors LLC boosted its position in Opal International Dividend Income ETF by 592.1% during the third quarter. Citadel Advisors LLC now owns 47,340 shares of the company’s stock worth $1,456,000 after purchasing an additional 40,500 shares in the last quarter. Finally, 49 Wealth Management LLC boosted its position in Opal International Dividend Income ETF by 12.7% during the third quarter. 49 Wealth Management LLC now owns 3,152,328 shares of the company’s stock worth $96,982,000 after purchasing an additional 354,134 shares in the last quarter.

About Opal International Dividend Income ETF

(Get Free Report)

The Opal International Dividend Income ETF (IDVZ) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund is actively managed investing in dividend paying companies in the global ex-US space. It aims for capital appreciation and a higher dividend yield compared to the MSCI ACWI ex USA High Dividend Yield Total Return Index IDVZ was launched on Dec 26, 2024 and is issued by OPAL.

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