Vanguard New York Tax-Exempt Bond ETF (BATS:MUNY) Sees Significant Decline in Short Interest

Vanguard New York Tax-Exempt Bond ETF (BATS:MUNY) was the target of a significant decrease in short interest in the month of May. As of May 29th, there was short interest totaling 14,202 shares, a decrease of 46.8% from the May 14th total of 26,681 shares. Currently, 3.2% of the shares of the company are sold short. Based on an average daily volume of 58,556 shares, the short-interest ratio is currently 0.2 days.

Vanguard New York Tax-Exempt Bond ETF Trading Down 0.0%

Shares of Vanguard New York Tax-Exempt Bond ETF stock traded down $0.01 on Friday, reaching $103.32. 27,909 shares of the stock were exchanged, compared to its average volume of 57,487. Vanguard New York Tax-Exempt Bond ETF has a twelve month low of $99.45 and a twelve month high of $105.51. The business has a 50 day moving average price of $103.09 and a two-hundred day moving average price of $103.37.

Hedge Funds Weigh In On Vanguard New York Tax-Exempt Bond ETF

A number of institutional investors have recently bought and sold shares of MUNY. Parallel Advisors LLC purchased a new stake in shares of Vanguard New York Tax-Exempt Bond ETF in the 4th quarter valued at $29,000. Fiduciary Advisors Inc. purchased a new position in shares of Vanguard New York Tax-Exempt Bond ETF during the fourth quarter worth $42,000. Graney & King LLC acquired a new position in Vanguard New York Tax-Exempt Bond ETF during the fourth quarter valued at $153,000. Bouchey Financial Group Ltd acquired a new position in Vanguard New York Tax-Exempt Bond ETF during the fourth quarter valued at $204,000. Finally, Private Advisor Group LLC purchased a new stake in Vanguard New York Tax-Exempt Bond ETF in the third quarter valued at $206,000.

Vanguard New York Tax-Exempt Bond ETF Company Profile

Vanguard New York Tax-Free Funds – Vanguard New York Tax-Exempt Bond ETF is an exchange traded fund launched and managed by The Vanguard Group, Inc The fund invests in fixed income markets of the United States. It invests in U.S. dollar denominated tax exempt investment-grade municipal bonds issued by state or local governments or agencies that are rated BBB- or above by S&P or Fitch or Baa3 or above by Moody’s with a maturity that is greater than or equal to one calendar month. The fund seeks to track the performance of the S&P New York AMT-Free Municipal USD10 Million Par Bond Index, by using representative sampling methodology.