Vanguard U.S. Momentum Factor ETF (BATS:VFMO) Short Interest Update

Vanguard U.S. Momentum Factor ETF (BATS:VFMO) was the recipient of a large increase in short interest in the month of July. As of July 15th, there was short interest totaling 111,538 shares, an increase of 187.5% from the June 30th total of 38,801 shares. Based on an average trading volume of 91,099 shares, the short-interest ratio is presently 1.2 days. Approximately 1.8% of the company’s shares are sold short.

Institutional Investors Weigh In On Vanguard U.S. Momentum Factor ETF

Several institutional investors have recently bought and sold shares of the stock. Ritholtz Wealth Management boosted its stake in shares of Vanguard U.S. Momentum Factor ETF by 8.6% in the 1st quarter. Ritholtz Wealth Management now owns 707,199 shares of the company’s stock worth $139,389,000 after buying an additional 56,191 shares during the last quarter. LPL Financial LLC boosted its position in Vanguard U.S. Momentum Factor ETF by 35.0% in the fourth quarter. LPL Financial LLC now owns 140,128 shares of the company’s stock worth $26,800,000 after purchasing an additional 36,308 shares during the last quarter. Thrivent Financial for Lutherans purchased a new position in Vanguard U.S. Momentum Factor ETF in the fourth quarter worth $5,659,000. Tidal Investments LLC grew its stake in Vanguard U.S. Momentum Factor ETF by 549.0% in the 3rd quarter. Tidal Investments LLC now owns 29,252 shares of the company’s stock valued at $5,605,000 after purchasing an additional 24,745 shares during the period. Finally, UBS Group AG increased its position in shares of Vanguard U.S. Momentum Factor ETF by 97.5% during the 4th quarter. UBS Group AG now owns 43,066 shares of the company’s stock valued at $8,236,000 after purchasing an additional 21,256 shares during the last quarter.

Vanguard U.S. Momentum Factor ETF Stock Down 0.6%

VFMO traded down $1.42 during midday trading on Monday, hitting $226.47. The company had a trading volume of 7,887 shares, compared to its average volume of 54,005. Vanguard U.S. Momentum Factor ETF has a 52 week low of $170.02 and a 52 week high of $250.20. The company has a market capitalization of $1.43 billion, a price-to-earnings ratio of 22.24 and a beta of 1.08. The stock’s 50 day moving average price is $234.82 and its 200 day moving average price is $217.64.

Vanguard U.S. Momentum Factor ETF Company Profile

The Vanguard U.S. Momentum Factor ETF (VFMO) is an exchange-traded fund that is based on the MSCI USA Momentum index. Vanguard U.S. Momentum Factor ETF seeks to provide long-term capital appreciation by investing in stocks with strong recent performance as determined by the advisor. VFMO was launched on Feb 13, 2018 and is managed by Vanguard.