Vanguard Long-Term Tax-Exempt Bond ETF (BATS:VTEL) Sees Large Decline in Short Interest

Vanguard Long-Term Tax-Exempt Bond ETF (BATS:VTEL) was the recipient of a significant decline in short interest in May. As of May 15th, there was short interest totaling 21,986 shares, a decline of 55.3% from the April 30th total of 49,197 shares. Based on an average daily volume of 41,386 shares, the days-to-cover ratio is currently 0.5 days. Currently, 8.8% of the shares of the stock are sold short.

Hedge Funds Weigh In On Vanguard Long-Term Tax-Exempt Bond ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Advisory Services Network LLC acquired a new position in Vanguard Long-Term Tax-Exempt Bond ETF during the third quarter worth $51,000. Farther Finance Advisors LLC acquired a new position in Vanguard Long-Term Tax-Exempt Bond ETF during the fourth quarter worth $52,000. Global Retirement Partners LLC acquired a new position in Vanguard Long-Term Tax-Exempt Bond ETF during the fourth quarter worth $147,000. Colonial Trust Co SC acquired a new position in Vanguard Long-Term Tax-Exempt Bond ETF during the third quarter worth $153,000. Finally, True Wealth Design LLC acquired a new position in Vanguard Long-Term Tax-Exempt Bond ETF during the fourth quarter worth $210,000.

Vanguard Long-Term Tax-Exempt Bond ETF Price Performance

BATS VTEL opened at $103.86 on Monday. The stock’s fifty day moving average is $103.16 and its two-hundred day moving average is $103.69. Vanguard Long-Term Tax-Exempt Bond ETF has a fifty-two week low of $98.00 and a fifty-two week high of $105.84.

Vanguard Long-Term Tax-Exempt Bond ETF Company Profile

The Vanguard Long-Term Tax-Exempt Bond ETF (VTEL) is an exchange-traded fund that trades on the BATS exchange in the United States.