Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) Short Interest Update

Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) was the target of a significant drop in short interest during the month of March. As of March 15th, there was short interest totalling 12,490,000 shares, a drop of 25.7% from the February 28th total of 16,820,000 shares. Currently, 2.1% of the company’s shares are sold short. Based on an average daily volume of 6,779,100 shares, the short-interest ratio is presently 1.8 days.

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

Hedge funds have recently bought and sold shares of the business. Truvestments Capital LLC boosted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 145.6% during the fourth quarter. Truvestments Capital LLC now owns 334 shares of the company’s stock valued at $27,000 after purchasing an additional 198 shares during the period. Tortoise Investment Management LLC bought a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the 4th quarter valued at about $28,000. Midwest Capital Advisors LLC bought a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the 4th quarter valued at about $33,000. Transce3nd LLC purchased a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the 4th quarter valued at about $35,000. Finally, Nvwm LLC grew its stake in Vanguard Intermediate-Term Corporate Bond ETF by 42.6% in the 4th quarter. Nvwm LLC now owns 499 shares of the company’s stock worth $40,000 after acquiring an additional 149 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Shares of NASDAQ:VCIT opened at $81.67 on Friday. The business has a 50 day simple moving average of $81.10 and a two-hundred day simple moving average of $81.49. Vanguard Intermediate-Term Corporate Bond ETF has a 1 year low of $77.80 and a 1 year high of $84.26.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, March 5th. Investors of record on Monday, March 3rd were issued a dividend of $0.2865 per share. The ex-dividend date was Monday, March 3rd.

About Vanguard Intermediate-Term Corporate Bond ETF

Vanguard Intermediate-Term Corporate Bond ETF seeks to track the performance of the Barclays Capital U.S. 5-10 Year Corporate Bond Index, a subset of the Barclays Capital U.S. Aggregate Float Adjusted Index. The Barclays Capital U.S. 5-10 Year Corporate Bond Index measures the investment return of U.S.