Vanguard Long-Term Tax-Exempt Bond ETF (BATS:VTEL) Sees Significant Growth in Short Interest

Vanguard Long-Term Tax-Exempt Bond ETF (BATS:VTEL) was the recipient of a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 65,058 shares, an increase of 191.3% from the June 30th total of 22,331 shares. Approximately 26.0% of the shares of the stock are short sold. Based on an average daily volume of 32,390 shares, the short-interest ratio is presently 2.0 days.

Vanguard Long-Term Tax-Exempt Bond ETF Stock Up 0.4%

Shares of BATS:VTEL traded up $0.44 on Monday, hitting $102.42. The stock had a trading volume of 12,698 shares, compared to its average volume of 34,086. Vanguard Long-Term Tax-Exempt Bond ETF has a twelve month low of $98.43 and a twelve month high of $105.84. The firm’s 50 day moving average price is $103.71 and its 200-day moving average price is $103.74.

Institutional Trading of Vanguard Long-Term Tax-Exempt Bond ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. Bank of America Corp DE grew its holdings in shares of Vanguard Long-Term Tax-Exempt Bond ETF by 840.8% during the first quarter. Bank of America Corp DE now owns 120,771 shares of the company’s stock worth $12,380,000 after buying an additional 107,934 shares in the last quarter. HighTower Advisors LLC lifted its position in Vanguard Long-Term Tax-Exempt Bond ETF by 241.0% during the 4th quarter. HighTower Advisors LLC now owns 146,503 shares of the company’s stock worth $15,182,000 after buying an additional 103,538 shares in the last quarter. Jane Street Group LLC bought a new stake in Vanguard Long-Term Tax-Exempt Bond ETF during the 2nd quarter worth about $8,395,000. Bank of New York Mellon Corp acquired a new position in shares of Vanguard Long-Term Tax-Exempt Bond ETF during the 1st quarter worth about $1,400,000. Finally, Osaic Holdings Inc. acquired a new position in shares of Vanguard Long-Term Tax-Exempt Bond ETF during the 4th quarter worth about $1,201,000.

Vanguard Long-Term Tax-Exempt Bond ETF Company Profile

The Vanguard Long-Term Tax-Exempt Bond ETF (VTEL) is an exchange-traded fund that trades on the BATS exchange in the United States.