Vanguard Core Tax-Exempt Bond ETF (BATS:VCRM) Stock Short Interest Rises 1,257.7%

Vanguard Core Tax-Exempt Bond ETF (BATS:VCRM) saw a significant growth in short interest during the month of October. As of October 15th, there was short interest totaling 1,431,876 shares, a growth of 1,257.7% from the September 30th total of 105,460 shares. Based on an average daily volume of 1,758,744 shares, the short-interest ratio is currently 0.8 days. Currently, 35.8% of the shares of the stock are short sold.

Institutional Trading of Vanguard Core Tax-Exempt Bond ETF

Several hedge funds have recently made changes to their positions in VCRM. Financial Planning Navigators CORP purchased a new position in Vanguard Core Tax-Exempt Bond ETF in the third quarter worth about $221,000. Flagship Harbor Advisors LLC raised its position in Vanguard Core Tax-Exempt Bond ETF by 12.0% during the third quarter. Flagship Harbor Advisors LLC now owns 3,249 shares of the company’s stock valued at $233,000 after purchasing an additional 349 shares during the period. Aspiriant LLC purchased a new stake in Vanguard Core Tax-Exempt Bond ETF during the third quarter valued at approximately $399,000. Cherry Tree Wealth Management LLC purchased a new stake in Vanguard Core Tax-Exempt Bond ETF during the second quarter valued at approximately $422,000. Finally, Evanson Financial LLC raised its position in Vanguard Core Tax-Exempt Bond ETF by 5.6% during the third quarter. Evanson Financial LLC now owns 5,910 shares of the company’s stock valued at $423,000 after purchasing an additional 311 shares during the period.

Vanguard Core Tax-Exempt Bond ETF Price Performance

Vanguard Core Tax-Exempt Bond ETF stock traded up $0.27 during mid-day trading on Monday, reaching $73.63. 2,083,139 shares of the company’s stock traded hands, compared to its average volume of 412,915. Vanguard Core Tax-Exempt Bond ETF has a 12-month low of $70.85 and a 12-month high of $77.05. The stock has a 50 day moving average of $73.10 and a two-hundred day moving average of $74.76.

About Vanguard Core Tax-Exempt Bond ETF

The Vanguard Core Tax-Exempt Bond ETF (VCRM) is an exchange-traded fund that mostly invests in broad credit fixed income. VCRM.L is an actively managed portfolio of USD-denominated tax-exempt municipal bonds with a weighted average maturity of 8 to 20 years. The fund may hold up to 20% in below investment-grade bonds VCRM was launched on Nov 19, 2024 and is issued by Vanguard.