Vanguard Long-Term Tax-Exempt Bond ETF (BATS:VTEL) Stock Short Interest Falls 90.1%

Vanguard Long-Term Tax-Exempt Bond ETF (BATS:VTEL) was the target of a large drop in short interest in September. As of September 15th, there was short interest totaling 9,746 shares, a drop of 90.1% from the August 31st total of 98,247 shares. Based on an average daily volume of 84,603 shares, the days-to-cover ratio is currently 0.1 days. Approximately 3.9% of the company’s stock are sold short.

Vanguard Long-Term Tax-Exempt Bond ETF Price Performance

Shares of Vanguard Long-Term Tax-Exempt Bond ETF stock traded down $0.43 during trading on Thursday, hitting $97.08. 80,055 shares of the stock were exchanged, compared to its average volume of 40,405. The firm’s 50-day moving average price is $101.08 and its 200 day moving average price is $102.68. Vanguard Long-Term Tax-Exempt Bond ETF has a 12-month low of $96.82 and a 12-month high of $105.84.

Institutional Investors Weigh In On Vanguard Long-Term Tax-Exempt Bond ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Global Retirement Partners LLC acquired a new stake in Vanguard Long-Term Tax-Exempt Bond ETF during the fourth quarter worth approximately $147,000. Essex Financial Services Inc. acquired a new position in shares of Vanguard Long-Term Tax-Exempt Bond ETF in the 1st quarter valued at $256,000. Old Mission Investment Co LLC purchased a new position in shares of Vanguard Long-Term Tax-Exempt Bond ETF in the 2nd quarter valued at $504,000. Citadel Advisors LLC grew its position in shares of Vanguard Long-Term Tax-Exempt Bond ETF by 49.2% in the 2nd quarter. Citadel Advisors LLC now owns 18,909 shares of the company’s stock valued at $1,981,000 after buying an additional 6,233 shares during the last quarter. Finally, Gateway Wealth Partners LLC acquired a new stake in Vanguard Long-Term Tax-Exempt Bond ETF during the 1st quarter worth $679,000.

About Vanguard Long-Term Tax-Exempt Bond ETF

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