Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) Shares Shorted: Short Interest Up 72.1% in September

Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) saw a large increase in short interest during the month of September. As of September 30th, there was short interest totaling 18,530,729 shares, an increase of 72.1% from the September 15th total of 10,766,180 shares. Based on an average daily volume of 9,493,233 shares, the days-to-cover ratio is currently 2.0 days. Currently, 14.9% of the company’s shares are short sold.

Vanguard Long-Term Corporate Bond ETF Trading Up 1.3%

Shares of VCLT traded up $0.91 during trading hours on Thursday, hitting $69.97. 4,076,466 shares of the stock were exchanged, compared to its average volume of 5,537,316. Vanguard Long-Term Corporate Bond ETF has a fifty-two week low of $67.56 and a fifty-two week high of $79.28. The business has a 50-day moving average of $70.78 and a 200-day moving average of $73.15.

Institutional Trading of Vanguard Long-Term Corporate Bond ETF

Institutional investors have recently bought and sold shares of the company. B.A. Schrock Wealth Management Inc. acquired a new stake in shares of Vanguard Long-Term Corporate Bond ETF in the 3rd quarter valued at about $12,526,000. Cliftonlarsonallen Wealth Advisors LLC bought a new stake in Vanguard Long-Term Corporate Bond ETF in the 3rd quarter valued at about $1,172,000. Fortress Financial Solutions LLC bought a new stake in Vanguard Long-Term Corporate Bond ETF in the 3rd quarter valued at about $1,408,000. Mechanics Bank Trust Department bought a new stake in Vanguard Long-Term Corporate Bond ETF in the 3rd quarter valued at about $5,832,000. Finally, Asset Allocation & Management Company LLC bought a new stake in Vanguard Long-Term Corporate Bond ETF in the 3rd quarter valued at about $2,875,000.

About Vanguard Long-Term Corporate Bond ETF

Vanguard Long Term Corporate Bond ETF (the Fund) seeks to track the performance of a market-weighted corporate bond index with a long-term, dollar-weighted average maturity. The Fund employs a passive management or indexing investment approach designed to track the performance of the Barclays Capital U.S. 10+ Year Corporate Index (the Index). This index includes the United States dollar-denominated, investment-grade, fixed-rate, taxable securities issued by industrial, utility and financial companies, with maturities greater than 10 years.