Short Interest in Vanguard U.S. Momentum Factor ETF (BATS:VFMO) Decreases By 83.3%

Vanguard U.S. Momentum Factor ETF (BATS:VFMO) was the recipient of a large decline in short interest in the month of July. As of July 31st, there was short interest totaling 18,615 shares, a decline of 83.3% from the July 15th total of 111,538 shares. Based on an average daily trading volume, of 72,856 shares, the short-interest ratio is currently 0.3 days. Approximately 0.3% of the company’s stock are short sold.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the business. Ritholtz Wealth Management boosted its holdings in Vanguard U.S. Momentum Factor ETF by 8.6% in the first quarter. Ritholtz Wealth Management now owns 707,199 shares of the company’s stock valued at $139,389,000 after purchasing an additional 56,191 shares during the last quarter. LPL Financial LLC raised its position in shares of Vanguard U.S. Momentum Factor ETF by 35.0% in the 4th quarter. LPL Financial LLC now owns 140,128 shares of the company’s stock valued at $26,800,000 after purchasing an additional 36,308 shares in the last quarter. Thrivent Financial for Lutherans acquired a new position in shares of Vanguard U.S. Momentum Factor ETF in the 4th quarter valued at approximately $5,659,000. Tidal Investments LLC raised its position in shares of Vanguard U.S. Momentum Factor ETF by 549.0% in the 3rd quarter. Tidal Investments LLC now owns 29,252 shares of the company’s stock valued at $5,605,000 after purchasing an additional 24,745 shares in the last quarter. Finally, UBS Group AG boosted its stake in shares of Vanguard U.S. Momentum Factor ETF by 97.5% during the 4th quarter. UBS Group AG now owns 43,066 shares of the company’s stock valued at $8,236,000 after buying an additional 21,256 shares during the last quarter.

Vanguard U.S. Momentum Factor ETF Price Performance

Shares of VFMO stock opened at $236.66 on Friday. Vanguard U.S. Momentum Factor ETF has a 12 month low of $172.91 and a 12 month high of $250.20. The firm has a market capitalization of $1.50 billion, a P/E ratio of 22.24 and a beta of 1.08. The company’s fifty day moving average price is $234.11 and its two-hundred day moving average price is $220.04.

About Vanguard U.S. Momentum Factor ETF

The Vanguard U.S. Momentum Factor ETF (VFMO) is an exchange-traded fund that is based on the MSCI USA Momentum index. Vanguard U.S. Momentum Factor ETF seeks to provide long-term capital appreciation by investing in stocks with strong recent performance as determined by the advisor. VFMO was launched on Feb 13, 2018 and is managed by Vanguard.