Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES) Shares Shorted: Short Interest Down 98.0% in October

Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES) was the target of a significant decrease in short interest during the month of October. As of October 15th, there was short interest totaling 20,557 shares, a decrease of 98.0% from the September 30th total of 1,051,997 shares. Based on an average daily volume of 782,778 shares, the short-interest ratio is currently 0.0 days. Currently, 0.1% of the shares of the stock are sold short.

Institutional Investors Weigh In On Vanguard Short-Term Tax-Exempt Bond ETF

Several large investors have recently made changes to their positions in VTES. Flagship Harbor Advisors LLC lifted its holdings in shares of Vanguard Short-Term Tax-Exempt Bond ETF by 15.9% during the third quarter. Flagship Harbor Advisors LLC now owns 13,859 shares of the company’s stock worth $1,366,000 after buying an additional 1,903 shares during the last quarter. Slow Capital Inc. boosted its position in shares of Vanguard Short-Term Tax-Exempt Bond ETF by 1,100.9% in the third quarter. Slow Capital Inc. now owns 53,705 shares of the company’s stock valued at $5,295,000 after acquiring an additional 49,233 shares during the period. First Interstate Bank acquired a new stake in shares of Vanguard Short-Term Tax-Exempt Bond ETF in the third quarter worth $403,000. Financial Management Professionals Inc. acquired a new stake in shares of Vanguard Short-Term Tax-Exempt Bond ETF in the third quarter worth $69,000. Finally, Valen Private Capital LLC acquired a new stake in shares of Vanguard Short-Term Tax-Exempt Bond ETF in the third quarter worth $829,000.

Vanguard Short-Term Tax-Exempt Bond ETF Trading Up 0.2%

VTES traded up $0.23 during trading on Monday, reaching $100.46. The company had a trading volume of 403,297 shares, compared to its average volume of 313,393. The firm’s 50-day simple moving average is $99.72 and its 200 day simple moving average is $100.99. Vanguard Short-Term Tax-Exempt Bond ETF has a 12-month low of $98.02 and a 12-month high of $102.71.

Vanguard Short-Term Tax-Exempt Bond ETF Company Profile

The Vanguard Short-Term Tax Exempt Bond ETF (VTES) 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 US state and local governments or agencies. The fund includes muni bonds with an effective maturity below seven years. VTES was launched on Feb 22, 2023 and is managed by Vanguard.