Vanguard U.S. Quality Factor ETF (BATS:VFQY) Sees Large Growth in Short Interest

Vanguard U.S. Quality Factor ETF (BATS:VFQY) saw a large increase in short interest in October. As of October 15th, there was short interest totaling 10,259 shares, an increase of 63.4% from the September 30th total of 6,280 shares. Based on an average daily volume of 6,426 shares, the short-interest ratio is presently 1.6 days. Approximately 0.4% of the company’s shares are sold short.

Vanguard U.S. Quality Factor ETF Price Performance

BATS VFQY opened at $176.52 on Wednesday. The business has a 50 day simple moving average of $174.47 and a 200 day simple moving average of $165.32. Vanguard U.S. Quality Factor ETF has a one year low of $144.43 and a one year high of $179.69. The stock has a market capitalization of $492.49 million, a P/E ratio of 18.39 and a beta of 1.03.

Hedge Funds Weigh In On Vanguard U.S. Quality Factor ETF

Institutional investors have recently added to or reduced their stakes in the business. Farther Finance Advisors LLC boosted its stake in Vanguard U.S. Quality Factor ETF by 14,773.5% during the third quarter. Farther Finance Advisors LLC now owns 30,342 shares of the company’s stock worth $5,167,000 after acquiring an additional 30,138 shares in the last quarter. Royal Fund Management LLC grew its holdings in Vanguard U.S. Quality Factor ETF by 7.3% in the third quarter. Royal Fund Management LLC now owns 19,574 shares of the company’s stock worth $3,333,000 after purchasing an additional 1,328 shares during the period. Corient Private Wealth LP increased its stake in Vanguard U.S. Quality Factor ETF by 32.5% in the second quarter. Corient Private Wealth LP now owns 17,134 shares of the company’s stock valued at $2,918,000 after purchasing an additional 4,205 shares in the last quarter. Bank of America Corp DE increased its stake in Vanguard U.S. Quality Factor ETF by 4.7% in the first quarter. Bank of America Corp DE now owns 14,802 shares of the company’s stock valued at $2,209,000 after purchasing an additional 662 shares in the last quarter. Finally, Vise Technologies Inc. increased its stake in Vanguard U.S. Quality Factor ETF by 9.4% in the third quarter. Vise Technologies Inc. now owns 12,587 shares of the company’s stock valued at $2,144,000 after purchasing an additional 1,082 shares in the last quarter.

About Vanguard U.S. Quality Factor ETF

The Vanguard U.S. Quality Factor ETF (VFQY) is an exchange-traded fund that is based on the Benchmark for VFQY Fund index. The fund seeks to provide long-term capital appreciation by investing in stocks with strong fundamentals as determined by the advisor. VFQY was launched on Feb 13, 2018 and is managed by Vanguard.