Vanguard Core Tax-Exempt Bond ETF (BATS:VCRM) Sees Large Growth in Short Interest

Vanguard Core Tax-Exempt Bond ETF (BATS:VCRM) saw a large growth in short interest during the month of August. As of August 31st, there was short interest totaling 110,924 shares, a growth of 818.9% from the August 15th total of 12,072 shares. Currently, 2.8% of the company’s shares are sold short. Based on an average trading volume of 224,869 shares, the days-to-cover ratio is currently 0.5 days.

Vanguard Core Tax-Exempt Bond ETF Stock Performance

VCRM stock traded down $0.50 during midday trading on Thursday, reaching $73.02. The company’s stock had a trading volume of 615,567 shares, compared to its average volume of 241,291. The stock has a fifty day simple moving average of $75.10 and a two-hundred day simple moving average of $75.53. Vanguard Core Tax-Exempt Bond ETF has a 1 year low of $72.94 and a 1 year high of $77.05.

Institutional Investors Weigh In On Vanguard Core Tax-Exempt Bond ETF

Several large investors have recently added to or reduced their stakes in the stock. Integrated Wealth Concepts LLC grew its stake in Vanguard Core Tax-Exempt Bond ETF by 489.9% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 97,452 shares of the company’s stock worth $7,445,000 after acquiring an additional 80,933 shares in the last quarter. NewEdge Advisors LLC raised its stake in shares of Vanguard Core Tax-Exempt Bond ETF by 23.6% during the second quarter. NewEdge Advisors LLC now owns 45,885 shares of the company’s stock valued at $3,506,000 after acquiring an additional 8,773 shares in the last quarter. Finally, Sequoia Financial Advisors LLC raised its stake in shares of Vanguard Core Tax-Exempt Bond ETF by 1.9% during the second quarter. Sequoia Financial Advisors LLC now owns 8,222 shares of the company’s stock valued at $628,000 after acquiring an additional 154 shares in the last quarter.

Vanguard Core Tax-Exempt Bond ETF Company Profile

The Vanguard Core Tax-Exempt Bond ETF (VCRM) is an exchange-traded fund that mostly invests in broad credit fixed income. VCRM.L is an actively managed portfolio of USD-denominated tax-exempt municipal bonds with a weighted average maturity of 8 to 20 years. The fund may hold up to 20% in below investment-grade bonds VCRM was launched on Nov 19, 2024 and is issued by Vanguard.