Short Interest in Vanguard Long-Term Bond ETF (NYSEARCA:BLV) Expands By 232.6%

Vanguard Long-Term Bond ETF (NYSEARCA:BLV) saw a significant increase in short interest in the month of May. As of May 29th, there was short interest totaling 211,558 shares, an increase of 232.6% from the May 14th total of 63,605 shares. Based on an average daily trading volume, of 723,318 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.2% of the company’s shares are sold short.

Vanguard Long-Term Bond ETF Price Performance

BLV traded down $0.13 during trading on Friday, hitting $68.63. 745,135 shares of the company’s stock were exchanged, compared to its average volume of 858,116. Vanguard Long-Term Bond ETF has a 1 year low of $66.49 and a 1 year high of $72.63. The stock has a 50 day moving average price of $68.49 and a 200 day moving average price of $69.42.

Institutional Trading of Vanguard Long-Term Bond ETF

Several large investors have recently bought and sold shares of BLV. Franklin Resources Inc. acquired a new stake in Vanguard Long-Term Bond ETF in the second quarter valued at approximately $33,000. Darwin Wealth Management LLC acquired a new stake in Vanguard Long-Term Bond ETF in the second quarter valued at approximately $572,000. Financial Advisors Network Inc. grew its position in Vanguard Long-Term Bond ETF by 5.4% in the second quarter. Financial Advisors Network Inc. now owns 8,077 shares of the company’s stock valued at $562,000 after acquiring an additional 417 shares in the last quarter. EP Wealth Advisors LLC acquired a new stake in Vanguard Long-Term Bond ETF in the second quarter valued at approximately $256,000. Finally, Redwood Investment Management LLC grew its position in Vanguard Long-Term Bond ETF by 6.6% in the second quarter. Redwood Investment Management LLC now owns 4,719 shares of the company’s stock valued at $328,000 after acquiring an additional 291 shares in the last quarter.

About Vanguard Long-Term Bond ETF

Vanguard Bond Index Funds (the Fund), formerly Vanguard Long-Term Bond ETF, seeks to track the performance of a market-weighted bond index with a long-term, dollar-weighted average maturity. It employs a passive management or indexing strategy designed to track the performance of the Barclays Capital U.S.Long Government/Credit Bond Index (the Index). The Index includes all medium and larger issues of the United States Government, investment-grade corporate, and investment-grade international dollar-denominated bonds that have maturities of greater than 10 years and are publicly issued.