outdenting in visual block mode

I am trying to outdent in visual block mode (Ctrl-V), but when I press < it doesn't outdent. when I press > it properly indents. I am fairly new to VIM. Here is my .vimrc, I am wondering if something could be interfering with <

set nocompatible " be iMproved, required
filetype off " required

" set the runtime path to include Vundle and initialize
set rtp+=~/.vim/bundle/Vundle.vim
call vundle#begin()
" alternatively, pass a path where Vundle should install plugins
"call vundle#begin('~/some/path/here')

" let Vundle manage Vundle, required
Plugin 'VundleVim/Vundle.vim'
" Plugin 'Valloric/YouCompleteMe'
Plugin 'scwood/vim-hybrid'

" The following are examples of different formats supported.
" Keep Plugin commands between vundle#begin/end.
" plugin on GitHub repo
" Plugin 'tpope/vim-fugitive'
" plugin from http://vim-scripts.org/vim/scripts.html
" Plugin 'L9'
" Git plugin not hosted on GitHub
" Plugin 'git://git.wincent.com/command-t.git'
" git repos on your local machine (i.e. when working on your own plugin)
" Plugin 'file:///home/gmarik/path/to/plugin'
" The sparkup vim script is in a subdirectory of this repo called vim.
" Pass the path to set the runtimepath properly.
" Plugin 'rstacruz/sparkup', {'rtp': 'vim/'}
" Avoid a name conflict with L9
" Plugin 'user/L9', {'name': 'newL9'}

" All of your Plugins must be added before the following line
call vundle