Short Interest in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) Increases By 133.4%

Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) was the recipient of a significant increase in short interest during the month of May. As of May 15th, there was short interest totaling 2,438,204 shares, an increase of 133.4% from the April 30th total of 1,044,746 shares. Currently, 0.8% of the shares of the company are sold short. Based on an average daily trading volume, of 1,395,563 shares, the short-interest ratio is currently 1.7 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Vision Retirement LLC raised its stake in shares of Vanguard Mortgage-Backed Securities ETF by 1,915.4% during the 1st quarter. Vision Retirement LLC now owns 524 shares of the exchange traded fund’s stock valued at $25,000 after buying an additional 498 shares during the last quarter. Glen Eagle Advisors LLC raised its position in Vanguard Mortgage-Backed Securities ETF by 1,609.7% during the fourth quarter. Glen Eagle Advisors LLC now owns 530 shares of the exchange traded fund’s stock valued at $25,000 after acquiring an additional 499 shares in the last quarter. Imprint Wealth LLC acquired a new position in Vanguard Mortgage-Backed Securities ETF in the third quarter valued at approximately $25,000. DecisionPoint Financial LLC acquired a new position in Vanguard Mortgage-Backed Securities ETF in the fourth quarter valued at approximately $25,000. Finally, Ascentis Independent Advisors purchased a new stake in Vanguard Mortgage-Backed Securities ETF in the 1st quarter worth approximately $27,000.

Vanguard Mortgage-Backed Securities ETF Price Performance

VMBS opened at $46.99 on Monday. Vanguard Mortgage-Backed Securities ETF has a 12-month low of $45.23 and a 12-month high of $47.90. The firm has a 50 day moving average of $46.82 and a two-hundred day moving average of $47.08.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, May 5th. Stockholders of record on Friday, May 1st were paid a $0.1609 dividend. The ex-dividend date was Friday, May 1st.

About Vanguard Mortgage-Backed Securities ETF

Vanguard Mortgage Backed Securities ETF (the Fund) seeks to track the performance of a market-weighted, mortgage-backed securities index. The Fund employs a passive management or indexing investment approach designed to track the performance of the Barclays Capital U.S. MBS Float Adjusted Index (the Index). The Index covers the United States agency mortgage-backed, pass-through securities issued by Government National Mortgage Association (GNMA), Federal National Mortgage Association (FNMA) and Federal Home Loan Mortgage Corporation (FHLMC).