Vanguard Long-Term Tax-Exempt Bond ETF (BATS:VTEL) Sees Significant Growth in Short Interest

Vanguard Long-Term Tax-Exempt Bond ETF (BATS:VTEL) was the target of a large increase in short interest in the month of July. As of July 15th, there was short interest totaling 65,058 shares, an increase of 191.3% from the June 30th total of 22,331 shares. Based on an average trading volume of 32,390 shares, the short-interest ratio is currently 2.0 days. Currently, 26.0% of the shares of the company are short sold.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. Advisory Services Network LLC acquired a new stake in Vanguard Long-Term Tax-Exempt Bond ETF during the third quarter worth approximately $51,000. Farther Finance Advisors LLC acquired a new position in shares of Vanguard Long-Term Tax-Exempt Bond ETF in the fourth quarter valued at approximately $52,000. Global Retirement Partners LLC bought a new position in shares of Vanguard Long-Term Tax-Exempt Bond ETF during the fourth quarter worth approximately $147,000. Commonwealth Equity Services LLC bought a new position in shares of Vanguard Long-Term Tax-Exempt Bond ETF during the fourth quarter worth approximately $219,000. Finally, Essex Financial Services Inc. acquired a new stake in Vanguard Long-Term Tax-Exempt Bond ETF during the 1st quarter worth approximately $256,000.

Vanguard Long-Term Tax-Exempt Bond ETF Trading Up 0.4%

VTEL stock traded up $0.44 during midday trading on Monday, reaching $102.42. 12,698 shares of the company were exchanged, compared to its average volume of 34,086. Vanguard Long-Term Tax-Exempt Bond ETF has a one year low of $98.43 and a one year high of $105.84. The business has a 50-day moving average price of $103.71 and a two-hundred day moving average price of $103.74.

About Vanguard Long-Term Tax-Exempt Bond ETF

The Vanguard Long-Term Tax-Exempt Bond ETF (VTEL) is an exchange-traded fund that trades on the BATS exchange in the United States.