Vanguard Multi-Sector Income Bond ETF (BATS:VGMS) Sees Large Decline in Short Interest

Vanguard Multi-Sector Income Bond ETF (BATS:VGMS) saw a large decline in short interest in the month of August. As of August 31st, there was short interest totaling 14,322 shares, a decline of 43.1% from the August 15th total of 25,171 shares. Currently, 1.2% of the shares of the company are short sold. Based on an average daily trading volume, of 46,686 shares, the days-to-cover ratio is presently 0.3 days.

Vanguard Multi-Sector Income Bond ETF Stock Performance

Shares of Vanguard Multi-Sector Income Bond ETF stock opened at $50.16 on Thursday. Vanguard Multi-Sector Income Bond ETF has a one year low of $50.13 and a one year high of $52.20. The firm has a fifty day moving average of $50.83 and a two-hundred day moving average of $51.07.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in VGMS. Insight Wealth Strategies LLC acquired a new stake in Vanguard Multi-Sector Income Bond ETF in the second quarter valued at about $247,000. Swisher Financial Concepts Inc. acquired a new position in Vanguard Multi-Sector Income Bond ETF during the 4th quarter worth approximately $250,000. New England Private Wealth Advisors LLC acquired a new position in Vanguard Multi-Sector Income Bond ETF during the 4th quarter worth approximately $261,000. Independence Asset Advisors LLC purchased a new position in shares of Vanguard Multi-Sector Income Bond ETF during the 1st quarter worth approximately $338,000. Finally, Modern Wealth Management LLC purchased a new position in shares of Vanguard Multi-Sector Income Bond ETF during the 1st quarter worth approximately $757,000.

Vanguard Multi-Sector Income Bond ETF Company Profile

The Vanguard Multi-Sector Income Bond Fund (VGMS) is an exchange-traded fund that trades on the BATS exchange in the United States.