Vanguard High Dividend Yield ETF (NYSEARCA:VYM) Short Interest Up 27.9% in April

Vanguard High Dividend Yield ETF (NYSEARCA:VYM) saw a large increase in short interest during the month of April. As of April 15th, there was short interest totaling 936,109 shares, an increase of 27.9% from the March 31st total of 731,640 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average daily volume of 1,147,537 shares, the days-to-cover ratio is currently 0.8 days.

Vanguard High Dividend Yield ETF Stock Performance

Shares of NYSEARCA:VYM traded down $0.45 during midday trading on Friday, hitting $156.74. 995,381 shares of the company’s stock traded hands, compared to its average volume of 1,613,328. The company has a market cap of $76.87 billion, a PE ratio of 17.79 and a beta of 0.74. The firm’s fifty day moving average price is $151.48 and its two-hundred day moving average price is $147.56. Vanguard High Dividend Yield ETF has a twelve month low of $124.06 and a twelve month high of $157.48.

Hedge Funds Weigh In On Vanguard High Dividend Yield ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. PayPay Securities Corp lifted its holdings in shares of Vanguard High Dividend Yield ETF by 75.8% during the 1st quarter. PayPay Securities Corp now owns 174 shares of the company’s stock valued at $27,000 after acquiring an additional 75 shares in the last quarter. Lloyd Advisory Services LLC. acquired a new position in shares of Vanguard High Dividend Yield ETF during the 4th quarter valued at $25,000. Dorato Capital Management acquired a new position in shares of Vanguard High Dividend Yield ETF during the 4th quarter valued at $30,000. Stonehage Fleming Financial Services Holdings Ltd acquired a new position in shares of Vanguard High Dividend Yield ETF during the 3rd quarter valued at $31,000. Finally, LRI Investments LLC lifted its holdings in shares of Vanguard High Dividend Yield ETF by 400.0% during the 4th quarter. LRI Investments LLC now owns 250 shares of the company’s stock valued at $36,000 after acquiring an additional 200 shares in the last quarter.

About Vanguard High Dividend Yield ETF

The Vanguard High Dividend Yield Index Fund (VYM) is an exchange-traded fund that is based on the FTSE Custom High Dividend Yield index. The fund tracks the FTSE High Dividend Yield Index. The index selects high-dividend-paying US companies, excluding REITS, and weights them by market cap. VYM was launched on Nov 10, 2006 and is managed by Vanguard.