Short Interest in Vanguard U.S. Quality Factor ETF (BATS:VFQY) Grows By 167.2%

Vanguard U.S. Quality Factor ETF (BATS:VFQY) was the recipient of a significant increase in short interest in the month of June. As of June 30th, there was short interest totaling 23,271 shares, an increase of 167.2% from the June 15th total of 8,708 shares. Approximately 0.8% of the company’s shares are short sold. Based on an average daily volume of 10,771 shares, the days-to-cover ratio is currently 2.2 days.

Vanguard U.S. Quality Factor ETF Trading Down 0.2%

Shares of BATS:VFQY opened at $170.87 on Wednesday. Vanguard U.S. Quality Factor ETF has a 1-year low of $141.78 and a 1-year high of $171.74. The stock has a market capitalization of $476.73 million, a P/E ratio of 18.39 and a beta of 1.03. The business has a 50-day moving average price of $165.48 and a two-hundred day moving average price of $159.07.

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

Institutional investors and hedge funds have recently modified their holdings of the business. Northwestern Mutual Wealth Management Co. lifted its holdings in Vanguard U.S. Quality Factor ETF by 135.3% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 160 shares of the company’s stock valued at $25,000 after buying an additional 92 shares during the period. Blair William & Co. IL acquired a new stake in Vanguard U.S. Quality Factor ETF during the 4th quarter worth $26,000. International Assets Investment Management LLC acquired a new stake in Vanguard U.S. Quality Factor ETF during the 4th quarter worth $67,000. Fifth Third Bancorp bought a new stake in shares of Vanguard U.S. Quality Factor ETF during the 1st quarter valued at $74,000. Finally, Basepoint Wealth LLC bought a new stake in shares of Vanguard U.S. Quality Factor ETF during the 1st quarter valued at $76,000.

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.