Vanguard US Multifactor ETF (BATS:VFMF) Short Interest Update

Vanguard US Multifactor ETF (BATS:VFMF) was the recipient of a large increase in short interest during the month of July. As of July 31st, there was short interest totaling 54,270 shares, an increase of 49.6% from the July 15th total of 36,288 shares. Based on an average trading volume of 46,432 shares, the days-to-cover ratio is presently 1.2 days. Approximately 2.0% of the company’s shares are sold short.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in VFMF. Storen Legacy Partners LLC acquired a new stake in shares of Vanguard US Multifactor ETF during the fourth quarter worth about $30,376,000. Systelligence LLC acquired a new position in shares of Vanguard US Multifactor ETF in the first quarter valued at approximately $16,741,000. Rooted Wealth Advisors Inc. acquired a new position in shares of Vanguard US Multifactor ETF in the fourth quarter valued at approximately $5,874,000. Baer Investment Advisory LLC acquired a new position in shares of Vanguard US Multifactor ETF in the first quarter valued at approximately $2,381,000. Finally, Raymond James Financial Inc. increased its stake in Vanguard US Multifactor ETF by 68.2% during the 2nd quarter. Raymond James Financial Inc. now owns 37,102 shares of the company’s stock worth $4,990,000 after buying an additional 15,045 shares during the period.

Vanguard US Multifactor ETF Stock Performance

BATS:VFMF opened at $186.39 on Thursday. The stock has a market capitalization of $497.66 million, a P/E ratio of 14.32 and a beta of 0.97. The company has a 50 day moving average price of $180.26 and a 200 day moving average price of $169.30. Vanguard US Multifactor ETF has a fifty-two week low of $138.19 and a fifty-two week high of $188.07.

About Vanguard US Multifactor ETF

The Vanguard U.S. Multifactor ETF (VFMF) is an exchange-traded fund that is based on the MSCI USA Diversified Multi-Factor index. The fund is an actively-managed fund that invests in US equities exhibiting value, momentum, quality and low volatility factors. VFMF was launched on Feb 13, 2018 and is managed by Vanguard.