Short Interest in Vanguard California Tax-Exempt Bond ETF (BATS:VTEC) Increases By 131.3%

Vanguard California Tax-Exempt Bond ETF (BATS:VTEC) was the target of a significant increase in short interest in August. As of August 14th, there was short interest totaling 263,004 shares, an increase of 131.3% from the July 30th total of 113,688 shares. Approximately 2.5% of the company’s stock are short sold. Based on an average trading volume of 355,173 shares, the short-interest ratio is currently 0.7 days.

Institutional Trading of Vanguard California Tax-Exempt Bond ETF

Hedge funds have recently bought and sold shares of the business. Royal Bank of Canada lifted its stake in shares of Vanguard California Tax-Exempt Bond ETF by 438.1% in the first quarter. Royal Bank of Canada now owns 29,596 shares of the company’s stock valued at $2,912,000 after buying an additional 24,096 shares in the last quarter. AQR Capital Management LLC bought a new stake in shares of Vanguard California Tax-Exempt Bond ETF during the first quarter worth about $417,000. JPMorgan Chase & Co. raised its holdings in shares of Vanguard California Tax-Exempt Bond ETF by 8.1% in the 2nd quarter. JPMorgan Chase & Co. now owns 19,031 shares of the company’s stock worth $1,858,000 after acquiring an additional 1,426 shares during the last quarter. Cerity Partners LLC acquired a new stake in shares of Vanguard California Tax-Exempt Bond ETF in the 2nd quarter worth about $702,000. Finally, Diversify Advisory Services LLC bought a new position in Vanguard California Tax-Exempt Bond ETF in the 2nd quarter valued at about $1,930,000.

Vanguard California Tax-Exempt Bond ETF Price Performance

Shares of Vanguard California Tax-Exempt Bond ETF stock opened at $98.40 on Friday. Vanguard California Tax-Exempt Bond ETF has a 52 week low of $97.10 and a 52 week high of $101.90. The stock has a 50 day moving average price of $99.42 and a two-hundred day moving average price of $99.84.

About Vanguard California Tax-Exempt Bond ETF

The Vanguard California Tax-Exempt Bond ETF (VTEC) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market value-weighted index of tax-exempt investment grade debt issued by California governments and agencies. VTEC was launched on Jan 30, 2024 and is issued by Vanguard.