Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) Sees Large Increase in Short Interest

Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) was the recipient of a significant increase in short interest in September. As of September 30th, there was short interest totaling 18,530,729 shares, an increase of 72.1% from the September 15th total of 10,766,180 shares. Currently, 14.9% of the company’s stock are short sold. Based on an average trading volume of 9,493,233 shares, the days-to-cover ratio is currently 2.0 days.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the business. Atomic Invest LLC purchased a new position in shares of Vanguard Long-Term Corporate Bond ETF in the second quarter valued at $25,000. Western Wealth Management LLC bought a new position in shares of Vanguard Long-Term Corporate Bond ETF in the first quarter worth approximately $34,000. Eastern Bank bought a new position in shares of Vanguard Long-Term Corporate Bond ETF in the 3rd quarter worth $37,000. SHP Wealth Management bought a new position in Vanguard Long-Term Corporate Bond ETF in the fourth quarter valued at $119,000. Finally, NFSG Corp increased its position in shares of Vanguard Long-Term Corporate Bond ETF by 73.0% during the 1st quarter. NFSG Corp now owns 1,680 shares of the exchange traded fund’s stock valued at $126,000 after purchasing an additional 709 shares during the last quarter.

Vanguard Long-Term Corporate Bond ETF Trading Up 1.3%

Shares of NASDAQ VCLT traded up $0.91 during midday trading on Thursday, hitting $69.97. 4,076,466 shares of the stock traded hands, compared to its average volume of 5,537,316. The business has a 50 day moving average price of $70.78 and a two-hundred day moving average price of $73.15. Vanguard Long-Term Corporate Bond ETF has a one year low of $67.56 and a one year high of $79.28.

Vanguard Long-Term Corporate Bond ETF Company Profile

Vanguard Long Term Corporate Bond ETF (the Fund) seeks to track the performance of a market-weighted corporate bond index with a long-term, dollar-weighted average maturity. The Fund employs a passive management or indexing investment approach designed to track the performance of the Barclays Capital U.S. 10+ Year Corporate Index (the Index). This index includes the United States dollar-denominated, investment-grade, fixed-rate, taxable securities issued by industrial, utility and financial companies, with maturities greater than 10 years.