Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) Sees Large Increase in Short Interest

Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) saw a significant growth in short interest in the month of January. As of January 31st, there was short interest totalling 9,220,000 shares, a growth of 52.4% from the January 15th total of 6,050,000 shares. Based on an average daily trading volume, of 2,551,900 shares, the short-interest ratio is presently 3.6 days.

Vanguard Long-Term Corporate Bond ETF Stock Performance

NASDAQ VCLT traded up $0.77 during trading hours on Thursday, hitting $75.36. 443,843 shares of the company traded hands, compared to its average volume of 2,523,710. The business’s 50-day moving average is $75.44 and its 200-day moving average is $77.83. Vanguard Long-Term Corporate Bond ETF has a twelve month low of $72.86 and a twelve month high of $82.63.

Vanguard Long-Term Corporate Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Wednesday, February 5th. Investors of record on Monday, February 3rd were given a dividend of $0.3447 per share. The ex-dividend date was Monday, February 3rd.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. PSI Advisors LLC boosted its position in Vanguard Long-Term Corporate Bond ETF by 71.4% during the third quarter. PSI Advisors LLC now owns 437 shares of the exchange traded fund’s stock valued at $36,000 after purchasing an additional 182 shares during the last quarter. GAMMA Investing LLC raised its stake in Vanguard Long-Term Corporate Bond ETF by 8,116.7% in the third quarter. GAMMA Investing LLC now owns 493 shares of the exchange traded fund’s stock valued at $40,000 after buying an additional 487 shares during the period. United Community Bank raised its stake in Vanguard Long-Term Corporate Bond ETF by 444.4% in the fourth quarter. United Community Bank now owns 637 shares of the exchange traded fund’s stock valued at $48,000 after buying an additional 520 shares during the period. Mainstream Capital Management LLC bought a new stake in Vanguard Long-Term Corporate Bond ETF in the fourth quarter valued at approximately $52,000. Finally, Glass Jacobson Investment Advisors llc raised its stake in Vanguard Long-Term Corporate Bond ETF by 507.1% in the third quarter. Glass Jacobson Investment Advisors llc now owns 1,196 shares of the exchange traded fund’s stock valued at $97,000 after buying an additional 999 shares during the period.

About Vanguard Long-Term Corporate Bond ETF

Vanguard Long Term Corporate Bond ETF (the Fund) seeks to track the performance of a market-weighted corporate bond index with a long-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.