Short Interest in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) Decreases By 59.9%

Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) was the target of a significant decrease in short interest in February. As of February 15th, there was short interest totalling 4,010,000 shares, a decrease of 59.9% from the January 31st total of 10,000,000 shares. Based on an average daily volume of 3,791,500 shares, the days-to-cover ratio is presently 1.1 days.

Vanguard Short-Term Corporate Bond ETF Stock Up 0.1 %

Shares of VCSH opened at $78.88 on Friday. The company’s 50 day moving average price is $78.20 and its 200 day moving average price is $78.52. Vanguard Short-Term Corporate Bond ETF has a 52 week low of $76.27 and a 52 week high of $79.54.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Wednesday, February 5th. Stockholders of record on Monday, February 3rd were issued a dividend of $0.2813 per share. This is a boost from Vanguard Short-Term Corporate Bond ETF’s previous dividend of $0.28. The ex-dividend date was Monday, February 3rd.

Hedge Funds Weigh In On Vanguard Short-Term Corporate Bond ETF

A number of hedge funds have recently modified their holdings of the stock. Frazier Financial Advisors LLC purchased a new position in Vanguard Short-Term Corporate Bond ETF in the third quarter valued at about $29,000. Transce3nd LLC bought a new stake in shares of Vanguard Short-Term Corporate Bond ETF in the 4th quarter valued at approximately $32,000. Keystone Financial Group Inc. acquired a new position in Vanguard Short-Term Corporate Bond ETF in the fourth quarter worth approximately $32,000. Concourse Financial Group Securities Inc. raised its position in Vanguard Short-Term Corporate Bond ETF by 156.3% during the fourth quarter. Concourse Financial Group Securities Inc. now owns 451 shares of the company’s stock valued at $35,000 after acquiring an additional 275 shares in the last quarter. Finally, Vermillion Wealth Management Inc. acquired a new stake in Vanguard Short-Term Corporate Bond ETF in the fourth quarter valued at approximately $38,000.

About Vanguard Short-Term Corporate Bond ETF

The Vanguard Short-Term Corporate Bond ETF (VCSH) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-weighted index of investment-grade, fixed-rate corporate bonds with maturities between 1 and 5 years. VCSH was launched on Nov 19, 2009 and is managed by Vanguard.