Vanguard California Tax-Exempt Bond ETF (BATS:VTEC) Shares Shorted: Short Interest Up 605.0% in September

Vanguard California Tax-Exempt Bond ETF (BATS:VTEC) saw a large growth in short interest during the month of September. As of September 30th, there was short interest totaling 930,147 shares, a growth of 605.0% from the September 15th total of 131,943 shares. Approximately 8.8% of the company’s shares are sold short. Based on an average daily volume of 1,218,078 shares, the days-to-cover ratio is currently 0.8 days.

Vanguard California Tax-Exempt Bond ETF Stock Performance

BATS:VTEC opened at $94.28 on Monday. The company’s 50-day moving average is $96.91 and its two-hundred day moving average is $98.72. Vanguard California Tax-Exempt Bond ETF has a 1-year low of $93.46 and a 1-year high of $101.90.

Institutional Trading of Vanguard California Tax-Exempt Bond ETF

Several institutional investors have recently made changes to their positions in VTEC. Kaizen Financial Strategies grew its holdings in shares of Vanguard California Tax-Exempt Bond ETF by 22.8% during the 3rd quarter. Kaizen Financial Strategies now owns 5,368 shares of the company’s stock worth $506,000 after purchasing an additional 998 shares during the period. Wedmont Private Capital grew its holdings in shares of Vanguard California Tax-Exempt Bond ETF by 0.8% during the 3rd quarter. Wedmont Private Capital now owns 246,073 shares of the company’s stock worth $23,141,000 after purchasing an additional 1,932 shares during the period. Eclectic Associates Inc. ADV increased its position in shares of Vanguard California Tax-Exempt Bond ETF by 10.5% during the 3rd quarter. Eclectic Associates Inc. ADV now owns 87,103 shares of the company’s stock worth $8,212,000 after purchasing an additional 8,252 shares during the last quarter. Farther Finance Advisors LLC increased its position in shares of Vanguard California Tax-Exempt Bond ETF by 107.1% during the 3rd quarter. Farther Finance Advisors LLC now owns 4,350 shares of the company’s stock worth $410,000 after purchasing an additional 2,250 shares during the last quarter. Finally, Apella Capital LLC increased its position in shares of Vanguard California Tax-Exempt Bond ETF by 169.9% during the 3rd quarter. Apella Capital LLC now owns 65,501 shares of the company’s stock worth $6,137,000 after purchasing an additional 41,234 shares during the last quarter.

Vanguard California Tax-Exempt Bond ETF Company Profile

The Vanguard California Tax-Exempt Bond ETF (VTEC) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market value-weighted index of tax-exempt investment grade debt issued by California governments and agencies. VTEC was launched on Jan 30, 2024 and is issued by Vanguard.