Vanguard New York Tax-Exempt Bond ETF (BATS:MUNY) Shares Shorted: Short Interest Down 92.6% in October

Vanguard New York Tax-Exempt Bond ETF (BATS:MUNY) was the target of a significant decrease in short interest in October. As of October 15th, there was short interest totaling 27,338 shares, a decrease of 92.6% from the September 30th total of 367,268 shares. Currently, 6.1% of the company’s stock are sold short. Based on an average daily volume of 234,720 shares, the short-interest ratio is currently 0.1 days.

Vanguard New York Tax-Exempt Bond ETF Stock Performance

Shares of MUNY stock traded up $0.37 during trading hours on Monday, reaching $100.10. 140,422 shares of the company’s stock were exchanged, compared to its average volume of 78,890. Vanguard New York Tax-Exempt Bond ETF has a fifty-two week low of $96.38 and a fifty-two week high of $105.51. The stock’s 50 day moving average is $99.25 and its 200-day moving average is $101.70.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Flagship Harbor Advisors LLC acquired a new position in Vanguard New York Tax-Exempt Bond ETF during the 3rd quarter valued at about $617,000. Root Financial Partners LLC purchased a new stake in Vanguard New York Tax-Exempt Bond ETF in the third quarter valued at about $351,000. Rise Advisors LLC raised its stake in Vanguard New York Tax-Exempt Bond ETF by 1.4% in the third quarter. Rise Advisors LLC now owns 22,962 shares of the company’s stock valued at $2,235,000 after buying an additional 319 shares during the last quarter. Boston Standard Wealth Management LLC acquired a new stake in Vanguard New York Tax-Exempt Bond ETF in the third quarter worth about $303,000. Finally, Bouchey Financial Group Ltd. boosted its holdings in Vanguard New York Tax-Exempt Bond ETF by 5.8% in the second quarter. Bouchey Financial Group Ltd. now owns 2,086 shares of the company’s stock worth $217,000 after acquiring an additional 114 shares in the last quarter.

About Vanguard New York Tax-Exempt Bond ETF

Vanguard New York Tax-Free Funds – Vanguard New York Tax-Exempt Bond ETF is an exchange traded fund launched and managed by The Vanguard Group, Inc The fund invests in fixed income markets of the United States. It invests in U.S. dollar denominated tax exempt investment-grade municipal bonds issued by state or local governments or agencies that are rated BBB- or above by S&P or Fitch or Baa3 or above by Moody’s with a maturity that is greater than or equal to one calendar month. The fund seeks to track the performance of the S&P New York AMT-Free Municipal USD10 Million Par Bond Index, by using representative sampling methodology.