Vanguard US Multifactor ETF (BATS:VFMF) Short Interest Update

Vanguard US Multifactor ETF (BATS:VFMF) was the target of a large decline in short interest in August. As of August 14th, there was short interest totaling 18,488 shares, a decline of 65.9% from the July 30th total of 54,270 shares. Based on an average daily trading volume, of 53,472 shares, the short-interest ratio is presently 0.3 days. Currently, 0.7% of the shares of the company are sold short.

Institutional Trading of Vanguard US Multifactor ETF

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Studio Investment Management LLC lifted its holdings in Vanguard US Multifactor ETF by 16.8% during the 2nd quarter. Studio Investment Management LLC now owns 2,124 shares of the company’s stock worth $376,000 after purchasing an additional 306 shares in the last quarter. Concurrent Investment Advisors LLC purchased a new position in Vanguard US Multifactor ETF during the 2nd quarter valued at about $220,000. JNBA Financial Advisors increased its position in shares of Vanguard US Multifactor ETF by 64.7% during the second quarter. JNBA Financial Advisors now owns 382 shares of the company’s stock valued at $68,000 after buying an additional 150 shares during the period. Capital Square LLC bought a new stake in shares of Vanguard US Multifactor ETF during the second quarter valued at about $472,000. Finally, Dynamic Advisor Solutions LLC lifted its holdings in shares of Vanguard US Multifactor ETF by 10.4% in the second quarter. Dynamic Advisor Solutions LLC now owns 2,414 shares of the company’s stock worth $427,000 after buying an additional 227 shares in the last quarter.

Vanguard US Multifactor ETF Price Performance

BATS:VFMF opened at $186.68 on Friday. The company has a market cap of $498.44 million, a P/E ratio of 14.32 and a beta of 0.97. The stock’s fifty day moving average price is $181.59 and its two-hundred day moving average price is $170.39. Vanguard US Multifactor ETF has a 1 year low of $139.30 and a 1 year high of $188.07.

About Vanguard US Multifactor ETF

The Vanguard U.S. Multifactor ETF (VFMF) is an exchange-traded fund that is based on the MSCI USA Diversified Multi-Factor index. The fund is an actively-managed fund that invests in US equities exhibiting value, momentum, quality and low volatility factors. VFMF was launched on Feb 13, 2018 and is managed by Vanguard.