Vanguard New York Tax-Exempt Bond ETF (BATS:MUNY) Short Interest Down 56.2% in June

Vanguard New York Tax-Exempt Bond ETF (BATS:MUNY) was the recipient of a significant decline in short interest during the month of June. As of June 15th, there was short interest totaling 6,220 shares, a decline of 56.2% from the May 31st total of 14,202 shares. Based on an average daily volume of 55,690 shares, the days-to-cover ratio is currently 0.1 days. Currently, 1.4% of the company’s stock are short sold.

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

MUNY opened at $104.03 on Tuesday. The firm’s 50 day simple moving average is $103.24 and its two-hundred day simple moving average is $103.40. Vanguard New York Tax-Exempt Bond ETF has a 1-year low of $99.45 and a 1-year high of $105.51.

Institutional Inflows and Outflows

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