Vanguard Short-Term Treasury Index ETF (NASDAQ:VGSH) Short Interest Up 84.7% in March

Vanguard Short-Term Treasury Index ETF (NASDAQ:VGSH) was the target of a significant growth in short interest in the month of March. As of March 31st, there was short interest totalling 988,400 shares, a growth of 84.7% from the March 15th total of 535,200 shares. Based on an average trading volume of 3,500,100 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.3% of the company’s shares are sold short.

Vanguard Short-Term Treasury Index ETF Stock Performance

Shares of VGSH stock traded up $0.01 on Friday, reaching $58.71. 2,384,895 shares of the company’s stock traded hands, compared to its average volume of 2,633,529. Vanguard Short-Term Treasury Index ETF has a 12-month low of $57.46 and a 12-month high of $59.13. The business’s 50 day moving average price is $58.50 and its two-hundred day moving average price is $58.38.

Vanguard Short-Term Treasury Index ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, April 3rd. Shareholders of record on Tuesday, April 1st were paid a dividend of $0.206 per share. The ex-dividend date was Tuesday, April 1st. This represents a $2.47 annualized dividend and a yield of 4.21%.

Institutional Trading of Vanguard Short-Term Treasury Index ETF

A number of hedge funds have recently made changes to their positions in the stock. JPMorgan Chase & Co. increased its stake in Vanguard Short-Term Treasury Index ETF by 163.7% in the 4th quarter. JPMorgan Chase & Co. now owns 37,620,327 shares of the company’s stock valued at $2,188,751,000 after buying an additional 23,351,829 shares during the period. Orgel Wealth Management LLC grew its holdings in shares of Vanguard Short-Term Treasury Index ETF by 1.7% during the 1st quarter. Orgel Wealth Management LLC now owns 7,535,912 shares of the company’s stock valued at $442,283,000 after acquiring an additional 125,785 shares in the last quarter. Bank of America Corp DE increased its stake in shares of Vanguard Short-Term Treasury Index ETF by 8.1% in the fourth quarter. Bank of America Corp DE now owns 7,130,332 shares of the company’s stock worth $414,843,000 after acquiring an additional 536,918 shares during the last quarter. Northern Trust Corp raised its holdings in shares of Vanguard Short-Term Treasury Index ETF by 8.1% during the fourth quarter. Northern Trust Corp now owns 5,835,986 shares of the company’s stock worth $339,538,000 after acquiring an additional 438,475 shares in the last quarter. Finally, Wealthfront Advisers LLC acquired a new stake in Vanguard Short-Term Treasury Index ETF during the fourth quarter valued at $258,750,000.

About Vanguard Short-Term Treasury Index ETF

Vanguard Short Term Government Bond ETF (the Fund) seeks to track the performance of a market-weighted government bond index with a short-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.