Vanguard Extended Duration Treasury ETF (NYSEARCA:EDV) Short Interest Up 67.1% in July

Vanguard Extended Duration Treasury ETF (NYSEARCA:EDV) was the recipient of a large growth in short interest in July. As of July 15th, there was short interest totaling 793,598 shares, a growth of 67.1% from the June 30th total of 474,814 shares. Based on an average trading volume of 795,273 shares, the days-to-cover ratio is currently 1.0 days. Currently, 1.5% of the shares of the stock are short sold.

Vanguard Extended Duration Treasury ETF Stock Performance

EDV traded down $0.64 during midday trading on Friday, reaching $59.46. 2,879,668 shares of the company’s stock were exchanged, compared to its average volume of 1,184,683. Vanguard Extended Duration Treasury ETF has a 1-year low of $59.10 and a 1-year high of $71.31. The business’s 50-day moving average price is $63.26 and its 200 day moving average price is $64.56.

Institutional Investors Weigh In On Vanguard Extended Duration Treasury ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Arax Advisory Partners acquired a new stake in Vanguard Extended Duration Treasury ETF during the 4th quarter valued at $38,000. Kestra Advisory Services LLC acquired a new position in shares of Vanguard Extended Duration Treasury ETF in the fourth quarter worth $102,000. Elevated Capital Advisors LLC acquired a new position in shares of Vanguard Extended Duration Treasury ETF in the fourth quarter worth $149,000. VanderPol Investments L.L.C. lifted its position in shares of Vanguard Extended Duration Treasury ETF by 8.1% in the fourth quarter. VanderPol Investments L.L.C. now owns 3,196 shares of the company’s stock valued at $208,000 after acquiring an additional 239 shares in the last quarter. Finally, Creative Planning purchased a new stake in shares of Vanguard Extended Duration Treasury ETF in the second quarter valued at $212,000.

About Vanguard Extended Duration Treasury ETF

Vanguard Extended Duration Treasury ETF (the Fund) is an exchange-traded share class of Vanguard Extended Duration Treasury Index Fund. The Fund employs a passive management or indexing investment approach designed to track the performance of the Bloomberg Barclays U.S. Treasury STRIPS 20-30 Year Equal Par Bond Index. The Index measures the investment return of Treasury STRIPS, coupon and principal, with maturities ranging from 20 to 30 years. A Treasury STRIP represents a single coupon payment, or a single principal payment, from a United States Treasury security that has been stripped into separately tradable components.