Vanguard U.S. Minimum Volatility ETF (BATS:VFMV) Shares Shorted: Short Interest Up 106.6% in October

Vanguard U.S. Minimum Volatility ETF (BATS:VFMV) was the recipient of a significant growth in short interest during the month of October. As of October 15th, there was short interest totaling 13,732 shares, a growth of 106.6% from the September 30th total of 6,647 shares. Currently, 0.6% of the company’s stock are sold short. Based on an average daily trading volume, of 19,233 shares, the days-to-cover ratio is currently 0.7 days.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Vise Technologies Inc. boosted its position in Vanguard U.S. Minimum Volatility ETF by 87.7% during the third quarter. Vise Technologies Inc. now owns 3,195 shares of the company’s stock worth $452,000 after purchasing an additional 1,493 shares during the period. Partners Wealth Management LLC acquired a new position in Vanguard U.S. Minimum Volatility ETF during the third quarter valued at approximately $270,000. D.A. Davidson & CO. acquired a new position in Vanguard U.S. Minimum Volatility ETF during the third quarter valued at approximately $452,000. Sigma Planning Corp acquired a new position in Vanguard U.S. Minimum Volatility ETF during the third quarter valued at approximately $357,000. Finally, Anderson Hoagland & Co. bought a new position in shares of Vanguard U.S. Minimum Volatility ETF in the third quarter valued at approximately $26,565,000.

Vanguard U.S. Minimum Volatility ETF Price Performance

BATS VFMV opened at $148.14 on Friday. Vanguard U.S. Minimum Volatility ETF has a fifty-two week low of $127.45 and a fifty-two week high of $150.16. The stock’s 50-day moving average is $144.85 and its two-hundred day moving average is $140.42. The firm has a market cap of $331.83 million, a P/E ratio of 20.97 and a beta of 0.69.

About Vanguard U.S. Minimum Volatility ETF

The Vanguard U.S. Minimum Volatility ETF (VFMV) is an exchange-traded fund that is based on the MSCI USA Minimum Volatility index. The fund seeks to provide long-term capital appreciation with lower volatility relative to the broad U.S. equity market. VFMV was launched on Feb 13, 2018 and is managed by Vanguard.