Vanguard Total Corporate Bond ETF (NASDAQ:VTC) Shares Shorted: Short Interest Up 116.9% in September

Vanguard Total Corporate Bond ETF (NASDAQ:VTC) saw a significant increase in short interest during the month of September. As of September 15th, there was short interest totaling 42,191 shares, an increase of 116.9% from the August 31st total of 19,451 shares. Based on an average daily trading volume, of 76,696 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.2% of the shares of the company are short sold.

Vanguard Total Corporate Bond ETF Price Performance

Shares of VTC stock traded down $0.18 during trading hours on Tuesday, hitting $72.74. The stock had a trading volume of 55,623 shares, compared to its average volume of 111,679. The stock’s 50 day moving average is $74.87 and its 200 day moving average is $76.01. Vanguard Total Corporate Bond ETF has a twelve month low of $72.71 and a twelve month high of $79.24.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Marble Wealth LLC purchased a new position in Vanguard Total Corporate Bond ETF during the fourth quarter worth about $3,794,000. Mill Creek Capital Advisors LLC increased its holdings in shares of Vanguard Total Corporate Bond ETF by 4.5% in the 4th quarter. Mill Creek Capital Advisors LLC now owns 913,233 shares of the company’s stock valued at $70,903,000 after purchasing an additional 39,603 shares in the last quarter. Concurrent Investment Advisors LLC purchased a new position in shares of Vanguard Total Corporate Bond ETF in the 2nd quarter valued at about $10,452,000. NewEdge Advisors LLC lifted its stake in shares of Vanguard Total Corporate Bond ETF by 263.3% in the first quarter. NewEdge Advisors LLC now owns 9,864 shares of the company’s stock valued at $758,000 after purchasing an additional 7,149 shares during the period. Finally, Nicholas Wealth LLC. acquired a new stake in shares of Vanguard Total Corporate Bond ETF in the first quarter valued at about $592,000.

About Vanguard Total Corporate Bond ETF

The Vanguard Total Corporate Bond ETF (VTC) is an exchange-traded fund that is based on the Bloomberg U.S. Corporate Bond index. The fund is a fund-of-funds. It tracks an index designed to provide exposure to investment-grade US corporate bonds with broad maturities. VTC was launched on Nov 7, 2017 and is managed by Vanguard.