Vanguard US Multifactor ETF (BATS:VFMF) Shares Shorted: Short Interest Up 262.1% in October

Vanguard US Multifactor ETF (BATS:VFMF) was the target of a large growth in short interest in October. As of October 30th, there was short interest totaling 46,602 shares, a growth of 262.1% from the October 15th total of 12,869 shares. Currently, 0.8% of the shares of the stock are short sold. Based on an average daily volume of 73,230 shares, the days-to-cover ratio is presently 0.6 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Steward Partners Investment Advisory LLC increased its holdings in Vanguard US Multifactor ETF by 173.0% in the third quarter. Steward Partners Investment Advisory LLC now owns 4,354 shares of the company’s stock valued at $777,000 after buying an additional 2,759 shares in the last quarter. Essex Financial Services Inc. acquired a new stake in shares of Vanguard US Multifactor ETF during the 3rd quarter valued at approximately $314,000. Greenline Wealth Management LLC lifted its position in shares of Vanguard US Multifactor ETF by 83.9% during the 3rd quarter. Greenline Wealth Management LLC now owns 3,835 shares of the company’s stock valued at $685,000 after acquiring an additional 1,750 shares during the period. Focus Advisor Solutions LLC boosted its stake in shares of Vanguard US Multifactor ETF by 59.8% during the 3rd quarter. Focus Advisor Solutions LLC now owns 9,819 shares of the company’s stock worth $1,753,000 after acquiring an additional 3,676 shares in the last quarter. Finally, Baron Silver Stevens Financial Advisors LLC boosted its stake in shares of Vanguard US Multifactor ETF by 2.0% during the 3rd quarter. Baron Silver Stevens Financial Advisors LLC now owns 43,910 shares of the company’s stock worth $7,838,000 after acquiring an additional 862 shares in the last quarter.

Vanguard US Multifactor ETF Stock Down 0.1%

Shares of VFMF opened at $186.59 on Friday. Vanguard US Multifactor ETF has a 52-week low of $140.20 and a 52-week high of $189.79. The company has a 50-day simple moving average of $184.40 and a 200-day simple moving average of $173.91. The company has a market capitalization of $1.15 billion, a PE ratio of 13.96 and a beta of 0.93.

Vanguard US Multifactor ETF Company Profile

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.