Vanguard High Dividend Yield ETF (NYSEARCA:VYM) Short Interest Down 32.5% in August

Vanguard High Dividend Yield ETF (NYSEARCA:VYM) saw a significant drop in short interest in the month of August. As of August 31st, there was short interest totaling 456,119 shares, a drop of 32.5% from the August 15th total of 675,808 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 952,232 shares, the days-to-cover ratio is presently 0.5 days.

Vanguard High Dividend Yield ETF Stock Down 0.8%

Shares of NYSEARCA:VYM opened at $159.26 on Friday. The firm has a 50 day moving average of $163.26 and a 200 day moving average of $157.81. The company has a market capitalization of $79.69 billion, a price-to-earnings ratio of 17.79 and a beta of 0.73. Vanguard High Dividend Yield ETF has a 52 week low of $137.42 and a 52 week high of $167.61.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the stock. PayPay Securities Corp grew its stake in Vanguard High Dividend Yield ETF by 75.8% in the first quarter. PayPay Securities Corp now owns 174 shares of the company’s stock valued at $27,000 after purchasing an additional 75 shares during the last quarter. Lloyd Advisory Services LLC. acquired a new position in shares of Vanguard High Dividend Yield ETF during the fourth quarter worth $25,000. Highland Investment Advisors LLC purchased a new stake in shares of Vanguard High Dividend Yield ETF during the 2nd quarter valued at $32,000. Main Street Group LTD purchased a new stake in shares of Vanguard High Dividend Yield ETF during the 1st quarter valued at $43,000. Finally, Basecamp Wealth Advisors LLC lifted its holdings in shares of Vanguard High Dividend Yield ETF by 74.0% during the 1st quarter. Basecamp Wealth Advisors LLC now owns 348 shares of the company’s stock valued at $52,000 after purchasing an additional 148 shares during the last quarter.

About Vanguard High Dividend Yield ETF

Vanguard High Dividend Yield ETF (NYSEARCA: VYM) is an exchange-traded fund designed to track the performance of the FTSE High Dividend Yield Index. The fund seeks to provide exposure to U.S. companies that are forecast to pay above-average dividends, offering investors a diversified way to access income-generating equities.

The ETF primarily invests in large-cap U.S. stocks across a range of sectors, with holdings selected for their dividend characteristics rather than active stock-picking.