Short Interest in Vanguard U.S. Minimum Volatility ETF (BATS:VFMV) Grows By 533.7%

Vanguard U.S. Minimum Volatility ETF (BATS:VFMV) was the target of a large growth in short interest in the month of July. As of July 15th, there was short interest totaling 9,005 shares, a growth of 533.7% from the June 30th total of 1,421 shares. Currently, 0.4% of the company’s shares are short sold. Based on an average daily volume of 16,824 shares, the days-to-cover ratio is presently 0.5 days.

Institutional Investors Weigh In On Vanguard U.S. Minimum Volatility ETF

Several hedge funds and other institutional investors have recently modified their holdings of VFMV. Smith Moore & CO. lifted its position in Vanguard U.S. Minimum Volatility ETF by 65.1% in the 4th quarter. Smith Moore & CO. now owns 29,816 shares of the company’s stock valued at $3,887,000 after acquiring an additional 11,759 shares in the last quarter. TD Waterhouse Canada Inc. bought a new position in shares of Vanguard U.S. Minimum Volatility ETF in the fourth quarter valued at approximately $1,348,000. Northwestern Mutual Wealth Management Co. boosted its position in shares of Vanguard U.S. Minimum Volatility ETF by 7,716.1% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 21,416 shares of the company’s stock valued at $2,792,000 after buying an additional 21,142 shares during the last quarter. Cornerstone Planning LLC bought a new stake in Vanguard U.S. Minimum Volatility ETF during the fourth quarter worth $3,895,000. Finally, Creative Financial Designs Inc. ADV raised its position in Vanguard U.S. Minimum Volatility ETF by 15.3% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 29,396 shares of the company’s stock valued at $3,832,000 after buying an additional 3,899 shares during the last quarter.

Vanguard U.S. Minimum Volatility ETF Trading Up 0.9%

VFMV stock opened at $142.89 on Friday. The firm has a market cap of $320.07 million, a PE ratio of 20.97 and a beta of 0.69. The stock has a 50-day moving average price of $140.77 and a 200-day moving average price of $137.75. Vanguard U.S. Minimum Volatility ETF has a 1-year low of $125.86 and a 1-year high of $143.52.

Vanguard U.S. Minimum Volatility ETF Company Profile

The Vanguard U.S. Minimum Volatility ETF (VFMV) is an exchange-traded fund that is based on the MSCI USA Minimum Volatility index. The fund seeks to provide long-term capital appreciation with lower volatility relative to the broad U.S. equity market. VFMV was launched on Feb 13, 2018 and is managed by Vanguard.