Vanguard Total Corporate Bond ETF (NASDAQ:VTC) Stock Short Interest Rises 388.7%

Vanguard Total Corporate Bond ETF (NASDAQ:VTC) saw a large growth in short interest during the month of October. As of October 15th, there was short interest totaling 114,354 shares, a growth of 388.7% from the September 30th total of 23,398 shares. Currently, 0.5% of the shares of the stock are short sold. Based on an average daily trading volume, of 186,463 shares, the days-to-cover ratio is presently 0.6 days.

Institutional Investors Weigh In On Vanguard Total Corporate Bond ETF

Hedge funds have recently made changes to their positions in the business. Waverly Advisors LLC bought a new stake in shares of Vanguard Total Corporate Bond ETF in the 1st quarter worth approximately $26,000. Ascentis Independent Advisors bought a new position in shares of Vanguard Total Corporate Bond ETF during the 1st quarter valued at $49,000. Trust Co. of Vermont bought a new position in shares of Vanguard Total Corporate Bond ETF during the 2nd quarter valued at $127,000. Mather Group LLC. bought a new position in shares of Vanguard Total Corporate Bond ETF during the 3rd quarter valued at $122,000. Finally, Oregon Pacific Wealth Management LLC raised its position in Vanguard Total Corporate Bond ETF by 4.7% in the 1st quarter. Oregon Pacific Wealth Management LLC now owns 2,996 shares of the company’s stock worth $230,000 after purchasing an additional 134 shares during the period.

Vanguard Total Corporate Bond ETF Stock Up 0.1%

Shares of VTC opened at $73.90 on Tuesday. The stock has a 50 day simple moving average of $73.99 and a two-hundred day simple moving average of $76.15. Vanguard Total Corporate Bond ETF has a 1 year low of $72.11 and a 1 year high of $79.24.

Vanguard Total Corporate Bond ETF Company Profile

The Vanguard Total Corporate Bond ETF (VTC) is an exchange-traded fund that is based on the Bloomberg U.S. Corporate Bond index. The fund is a fund-of-funds. It tracks an index designed to provide exposure to investment-grade US corporate bonds with broad maturities. VTC was launched on Nov 7, 2017 and is managed by Vanguard.