Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) Stock Short Interest Climbs 62.4%

Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) saw a significant growth in short interest in September. As of September 15th, there was short interest totaling 16,670,444 shares, a growth of 62.4% from the August 31st total of 10,265,181 shares. Currently, 1.9% of the shares of the stock are sold short. Based on an average daily trading volume, of 9,597,038 shares, the short-interest ratio is currently 1.7 days.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Shares of NASDAQ:VCIT traded down $0.12 on Wednesday, reaching $78.25. 7,504,988 shares of the company traded hands, compared to its average volume of 11,024,785. The company’s 50 day moving average is $80.62 and its 200-day moving average is $81.84. Vanguard Intermediate-Term Corporate Bond ETF has a fifty-two week low of $78.16 and a fifty-two week high of $84.84.

Institutional Investors Weigh In On Vanguard Intermediate-Term Corporate Bond ETF

Several hedge funds have recently modified their holdings of VCIT. MCF Advisors LLC increased its stake in Vanguard Intermediate-Term Corporate Bond ETF by 19.7% in the 4th quarter. MCF Advisors LLC now owns 754 shares of the company’s stock worth $63,000 after purchasing an additional 124 shares in the last quarter. Silver Oak Securities Incorporated boosted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 3.5% in the first quarter. Silver Oak Securities Incorporated now owns 3,964 shares of the company’s stock worth $328,000 after buying an additional 134 shares during the period. Eaton Cambridge Inc. boosted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 3.7% in the first quarter. Eaton Cambridge Inc. now owns 3,874 shares of the company’s stock worth $321,000 after buying an additional 137 shares during the period. Atomic Invest LLC increased its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 2.0% in the second quarter. Atomic Invest LLC now owns 7,023 shares of the company’s stock worth $583,000 after acquiring an additional 137 shares in the last quarter. Finally, OxenFree Capital LLC raised its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 0.3% during the second quarter. OxenFree Capital LLC now owns 44,096 shares of the company’s stock valued at $3,614,000 after acquiring an additional 140 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Company Profile

Vanguard Intermediate-Term Corporate Bond ETF seeks to track the performance of the Barclays Capital U.S. 5-10 Year Corporate Bond Index, a subset of the Barclays Capital U.S. Aggregate Float Adjusted Index. The Barclays Capital U.S. 5-10 Year Corporate Bond Index measures the investment return of U.S. dollar denominated, investment-grade, fixed rate, taxable securities issued by industrial, utility, and financial companies with maturities between 5 and 10 years. Vanguard Group, Inc provides investment adisory services to the Fund.