Vanguard Extended Duration Treasury ETF (NYSEARCA:EDV) Stock Short Interest Falls 76.8%

Vanguard Extended Duration Treasury ETF (NYSEARCA:EDV) was the recipient of a significant drop in short interest in October. As of October 30th, there was short interest totaling 164,301 shares, a drop of 76.8% from the October 15th total of 707,720 shares. Based on an average daily volume of 1,719,829 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.2% of the shares of the stock are sold short.

Vanguard Extended Duration Treasury ETF Stock Down 0.7%

EDV traded down $0.42 on Friday, hitting $56.99. 1,282,833 shares of the company’s stock traded hands, compared to its average volume of 1,398,262. The company’s 50 day simple moving average is $57.98 and its 200-day simple moving average is $62.27. Vanguard Extended Duration Treasury ETF has a one year low of $53.40 and a one year high of $69.42.

Institutional Investors Weigh In On Vanguard Extended Duration Treasury ETF

Institutional investors have recently added to or reduced their stakes in the stock. Mirae Asset Global Investments Co. Ltd. purchased a new position in shares of Vanguard Extended Duration Treasury ETF in the third quarter worth $65,610,000. Capital City Trust Co. FL bought a new position in shares of Vanguard Extended Duration Treasury ETF during the third quarter worth $44,300,000. Hantz Financial Services Inc. bought a new position in shares of Vanguard Extended Duration Treasury ETF during the third quarter worth $43,056,000. SBI Securities Co. Ltd. grew its stake in Vanguard Extended Duration Treasury ETF by 3.2% during the third quarter. SBI Securities Co. Ltd. now owns 478,563 shares of the company’s stock valued at $26,536,000 after acquiring an additional 14,985 shares in the last quarter. Finally, Cadence Wealth Management LLC grew its stake in Vanguard Extended Duration Treasury ETF by 80.6% during the first quarter. Cadence Wealth Management LLC now owns 383,603 shares of the company’s stock valued at $24,915,000 after acquiring an additional 171,253 shares in the last quarter.

Vanguard Extended Duration Treasury ETF Company Profile

Vanguard Extended Duration Treasury ETF (the Fund) is an exchange-traded share class of Vanguard Extended Duration Treasury Index Fund. The Fund employs a passive management or indexing investment approach designed to track the performance of the Bloomberg Barclays U.S. Treasury STRIPS 20-30 Year Equal Par Bond Index. The Index measures the investment return of Treasury STRIPS, coupon and principal, with maturities ranging from 20 to 30 years. A Treasury STRIP represents a single coupon payment, or a single principal payment, from a United States Treasury security that has been stripped into separately tradable components.