Vanguard New York Tax-Exempt Bond ETF (BATS:MUNY) Shares Shorted: Short Interest Up 376.8% in September

Vanguard New York Tax-Exempt Bond ETF (BATS:MUNY) was the recipient of a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 367,268 shares, a growth of 376.8% from the September 15th total of 77,034 shares. Based on an average daily volume of 158,080 shares, the short-interest ratio is currently 2.3 days. Approximately 81.6% of the company’s shares are short sold.

Institutional Investors Weigh In On Vanguard New York Tax-Exempt Bond ETF

A number of large investors have recently added to or reduced their stakes in MUNY. Bridgewater Advisors Inc. boosted its position in shares of Vanguard New York Tax-Exempt Bond ETF by 43.5% during the first quarter. Bridgewater Advisors Inc. now owns 265,762 shares of the company’s stock valued at $27,360,000 after purchasing an additional 80,586 shares in the last quarter. WNY Asset Management LLC bought a new stake in shares of Vanguard New York Tax-Exempt Bond ETF during the 1st quarter valued at $8,134,000. Hennion & Walsh Asset Management Inc. boosted its holdings in shares of Vanguard New York Tax-Exempt Bond ETF by 26.7% during the 2nd quarter. Hennion & Walsh Asset Management Inc. now owns 13,842 shares of the company’s stock valued at $1,440,000 after buying an additional 2,919 shares in the last quarter. Bank of America Corp DE boosted its holdings in shares of Vanguard New York Tax-Exempt Bond ETF by 4,455.7% during the 1st quarter. Bank of America Corp DE now owns 13,667 shares of the company’s stock valued at $1,400,000 after buying an additional 13,367 shares in the last quarter. Finally, Satovsky Asset Management LLC boosted its holdings in shares of Vanguard New York Tax-Exempt Bond ETF by 185.8% during the 4th quarter. Satovsky Asset Management LLC now owns 11,480 shares of the company’s stock valued at $1,185,000 after buying an additional 7,463 shares in the last quarter.

Vanguard New York Tax-Exempt Bond ETF Stock Up 0.5%

Shares of BATS MUNY traded up $0.50 during mid-day trading on Friday, hitting $97.39. The stock had a trading volume of 134,377 shares, compared to its average volume of 72,314. Vanguard New York Tax-Exempt Bond ETF has a 1 year low of $96.38 and a 1 year high of $105.51. The business has a 50 day moving average price of $99.96 and a two-hundred day moving average price of $101.96.

About Vanguard New York Tax-Exempt Bond ETF

Vanguard New York Tax-Free Funds – Vanguard New York Tax-Exempt Bond ETF is an exchange traded fund launched and managed by The Vanguard Group, Inc The fund invests in fixed income markets of the United States. It invests in U.S. dollar denominated tax exempt investment-grade municipal bonds issued by state or local governments or agencies that are rated BBB- or above by S&P or Fitch or Baa3 or above by Moody’s with a maturity that is greater than or equal to one calendar month. The fund seeks to track the performance of the S&P New York AMT-Free Municipal USD10 Million Par Bond Index, by using representative sampling methodology.