Vanguard U.S. Momentum Factor ETF (BATS:VFMO) Short Interest Update

Vanguard U.S. Momentum Factor ETF (BATS:VFMO) was the target of a large decline in short interest in the month of July. As of July 31st, there was short interest totaling 18,615 shares, a decline of 83.3% from the July 15th total of 111,538 shares. Based on an average trading volume of 72,856 shares, the short-interest ratio is presently 0.3 days. Currently, 0.3% of the shares of the company are sold short.

Vanguard U.S. Momentum Factor ETF Stock Performance

Shares of VFMO opened at $236.47 on Thursday. The business’s 50-day moving average is $234.14 and its two-hundred day moving average is $219.83. The company has a market capitalization of $1.50 billion, a P/E ratio of 22.24 and a beta of 1.08. Vanguard U.S. Momentum Factor ETF has a fifty-two week low of $172.91 and a fifty-two week high of $250.20.

Hedge Funds Weigh In On Vanguard U.S. Momentum Factor ETF

Several institutional investors have recently made changes to their positions in the company. North Star Investment Management Corp. purchased a new stake in Vanguard U.S. Momentum Factor ETF during the fourth quarter worth $62,000. Western Wealth Management LLC acquired a new position in shares of Vanguard U.S. Momentum Factor ETF in the first quarter worth about $70,000. PNC Financial Services Group Inc. purchased a new stake in shares of Vanguard U.S. Momentum Factor ETF during the 4th quarter worth about $76,000. High Note Wealth LLC acquired a new stake in shares of Vanguard U.S. Momentum Factor ETF during the 4th quarter valued at about $91,000. Finally, City State Bank grew its position in shares of Vanguard U.S. Momentum Factor ETF by 420.0% during the 4th quarter. City State Bank now owns 520 shares of the company’s stock valued at $99,000 after acquiring an additional 420 shares during the period.

Vanguard U.S. Momentum Factor ETF Company Profile

The Vanguard U.S. Momentum Factor ETF (VFMO) is an exchange-traded fund that is based on the MSCI USA Momentum index. Vanguard U.S. Momentum Factor ETF seeks to provide long-term capital appreciation by investing in stocks with strong recent performance as determined by the advisor. VFMO was launched on Feb 13, 2018 and is managed by Vanguard.