Vanguard Total Corporate Bond ETF (NASDAQ:VTC) Stock Short Interest Rises 388.7%

Vanguard Total Corporate Bond ETF (NASDAQ:VTC) was the recipient of a significant growth in short interest in the month of October. As of October 15th, there was short interest totaling 114,354 shares, a growth of 388.7% from the September 30th total of 23,398 shares. Based on an average daily trading volume, of 186,463 shares, the short-interest ratio is presently 0.6 days. Approximately 0.5% of the company’s shares are sold short.

Vanguard Total Corporate Bond ETF Trading Up 0.1%

Shares of NASDAQ VTC traded up $0.11 during mid-day trading on Thursday, hitting $74.02. 79,034 shares of the stock traded hands, compared to its average volume of 119,705. The stock has a fifty day moving average price of $73.95 and a 200-day moving average price of $76.11. Vanguard Total Corporate Bond ETF has a 52 week low of $72.11 and a 52 week high of $78.70.

Institutional Investors Weigh In On Vanguard Total Corporate Bond ETF

A number of institutional investors have recently made changes to their positions in the company. Kelsey Financial LLC increased its position in Vanguard Total Corporate Bond ETF by 75.6% during the third quarter. Kelsey Financial LLC now owns 20,715 shares of the company’s stock valued at $1,508,000 after acquiring an additional 8,919 shares during the last quarter. Busey Bank bought a new stake in shares of Vanguard Total Corporate Bond ETF during the 3rd quarter valued at $278,000. Nisa Investment Advisors LLC purchased a new position in shares of Vanguard Total Corporate Bond ETF in the third quarter valued at about $1,375,000. Warwick Investment Management Inc. lifted its holdings in Vanguard Total Corporate Bond ETF by 10.7% in the 3rd quarter. Warwick Investment Management Inc. now owns 572,947 shares of the company’s stock worth $41,699,000 after purchasing an additional 55,291 shares in the last quarter. Finally, SteelPeak Wealth LLC bought a new position in shares of Vanguard Total Corporate Bond ETF during the third quarter worth $284,000.

About Vanguard Total Corporate Bond ETF

The Vanguard Total Corporate Bond ETF (VTC) is an exchange-traded fund that is based on the Bloomberg U.S. Corporate Bond index. The fund is a fund-of-funds. It tracks an index designed to provide exposure to investment-grade US corporate bonds with broad maturities. VTC was launched on Nov 7, 2017 and is managed by Vanguard.