Short Interest in Vanguard U.S. Quality Factor ETF (BATS:VFQY) Expands By 460.8%

Vanguard U.S. Quality Factor ETF (BATS:VFQY) was the target of a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 7,924 shares, a growth of 460.8% from the August 15th total of 1,413 shares. Based on an average daily volume of 6,405 shares, the days-to-cover ratio is currently 1.2 days. Currently, 0.3% of the company’s shares are sold short.

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

Several large investors have recently made changes to their positions in the business. M Holdings Securities Inc. purchased a new position in Vanguard U.S. Quality Factor ETF in the fourth quarter valued at about $2,519,000. Focus Partners Wealth boosted its position in shares of Vanguard U.S. Quality Factor ETF by 13.7% in the third quarter. Focus Partners Wealth now owns 79,523 shares of the company’s stock worth $11,994,000 after buying an additional 9,579 shares during the period. Two Sigma Investments LP purchased a new stake in shares of Vanguard U.S. Quality Factor ETF in the third quarter worth about $1,267,000. Bank of America Corp DE grew its stake in shares of Vanguard U.S. Quality Factor ETF by 217.4% in the second quarter. Bank of America Corp DE now owns 8,609 shares of the company’s stock valued at $1,237,000 after buying an additional 5,897 shares in the last quarter. Finally, Armbruster Capital Management Inc. grew its stake in shares of Vanguard U.S. Quality Factor ETF by 2.4% in the first quarter. Armbruster Capital Management Inc. now owns 190,437 shares of the company’s stock valued at $28,419,000 after buying an additional 4,397 shares in the last quarter.

Vanguard U.S. Quality Factor ETF Stock Performance

VFQY opened at $173.15 on Friday. Vanguard U.S. Quality Factor ETF has a 1 year low of $144.43 and a 1 year high of $179.69. The firm has a 50 day moving average price of $174.46 and a 200 day moving average price of $164.37. The company has a market cap of $483.09 million, a PE ratio of 18.39 and a beta of 1.03.

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.