Vanguard New York Tax-Exempt Bond ETF (BATS:MUNY) Short Interest Up 162.8% in July

Vanguard New York Tax-Exempt Bond ETF (BATS:MUNY) was the target of a large increase in short interest in July. As of July 31st, there was short interest totaling 47,443 shares, an increase of 162.8% from the July 15th total of 18,051 shares. Currently, 10.5% of the shares of the stock are sold short. Based on an average daily trading volume, of 54,029 shares, the short-interest ratio is currently 0.9 days.

Hedge Funds Weigh In On Vanguard New York Tax-Exempt Bond ETF

A number of large investors have recently modified their holdings of MUNY. Parallel Advisors LLC bought a new stake in shares of Vanguard New York Tax-Exempt Bond ETF during the fourth quarter valued at approximately $29,000. Fiduciary Advisors Inc. bought a new position in Vanguard New York Tax-Exempt Bond ETF in the 4th quarter worth approximately $42,000. Graney & King LLC bought a new position in Vanguard New York Tax-Exempt Bond ETF in the 4th quarter worth approximately $153,000. Private Advisor Group LLC acquired a new position in Vanguard New York Tax-Exempt Bond ETF during the 3rd quarter worth $206,000. Finally, Main Street Financial Solutions LLC acquired a new position in Vanguard New York Tax-Exempt Bond ETF during the 4th quarter worth $266,000.

Vanguard New York Tax-Exempt Bond ETF Price Performance

Shares of BATS:MUNY opened at $102.36 on Friday. Vanguard New York Tax-Exempt Bond ETF has a 12 month low of $100.12 and a 12 month high of $105.51. The company’s 50-day moving average price is $102.98 and its two-hundred day moving average price is $103.23.

Vanguard New York Tax-Exempt Bond ETF Company Profile

Vanguard New York Tax-Free Funds – Vanguard New York Tax-Exempt Bond ETF is an exchange traded fund launched and managed by The Vanguard Group, Inc The fund invests in fixed income markets of the United States. It invests in U.S. dollar denominated tax exempt investment-grade municipal bonds issued by state or local governments or agencies that are rated BBB- or above by S&P or Fitch or Baa3 or above by Moody’s with a maturity that is greater than or equal to one calendar month. The fund seeks to track the performance of the S&P New York AMT-Free Municipal USD10 Million Par Bond Index, by using representative sampling methodology.