Vanguard U.S. Quality Factor ETF (BATS:VFQY) Sees Large Increase in Short Interest

Vanguard U.S. Quality Factor ETF (BATS:VFQY) saw a large growth in short interest in October. As of October 15th, there was short interest totaling 10,259 shares, a growth of 63.4% from the September 30th total of 6,280 shares. Approximately 0.4% of the shares of the stock are sold short. Based on an average daily trading volume, of 6,426 shares, the days-to-cover ratio is presently 1.6 days.

Institutional Investors Weigh In On Vanguard U.S. Quality Factor ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in VFQY. Farther Finance Advisors LLC boosted its holdings in Vanguard U.S. Quality Factor ETF by 14,773.5% in the 3rd quarter. Farther Finance Advisors LLC now owns 30,342 shares of the company’s stock valued at $5,167,000 after purchasing an additional 30,138 shares during the period. Royal Fund Management LLC increased its holdings in shares of Vanguard U.S. Quality Factor ETF by 7.3% in the third quarter. Royal Fund Management LLC now owns 19,574 shares of the company’s stock worth $3,333,000 after purchasing an additional 1,328 shares during the period. Corient Private Wealth LP raised its position in shares of Vanguard U.S. Quality Factor ETF by 32.5% in the second quarter. Corient Private Wealth LP now owns 17,134 shares of the company’s stock worth $2,918,000 after buying an additional 4,205 shares in the last quarter. Bank of America Corp DE raised its position in shares of Vanguard U.S. Quality Factor ETF by 4.7% in the first quarter. Bank of America Corp DE now owns 14,802 shares of the company’s stock worth $2,209,000 after buying an additional 662 shares in the last quarter. Finally, Vise Technologies Inc. boosted its stake in Vanguard U.S. Quality Factor ETF by 9.4% during the third quarter. Vise Technologies Inc. now owns 12,587 shares of the company’s stock valued at $2,144,000 after buying an additional 1,082 shares during the period.

Vanguard U.S. Quality Factor ETF Stock Performance

Shares of BATS:VFQY opened at $177.27 on Tuesday. The company has a fifty day moving average of $174.50 and a 200-day moving average of $165.22. The company has a market capitalization of $494.58 million, a PE ratio of 18.39 and a beta of 1.03. Vanguard U.S. Quality Factor ETF has a 52-week low of $144.43 and a 52-week high of $179.69.

About Vanguard U.S. Quality Factor ETF

The Vanguard U.S. Quality Factor ETF (VFQY) is an exchange-traded fund that is based on the Benchmark for VFQY Fund index. The fund seeks to provide long-term capital appreciation by investing in stocks with strong fundamentals as determined by the advisor. VFQY was launched on Feb 13, 2018 and is managed by Vanguard.