Vanguard U.S. Minimum Volatility ETF (BATS:VFMV) Shares Shorted: Short Interest Up 95.0% in October

Vanguard U.S. Minimum Volatility ETF (BATS:VFMV) was the target of a large increase in short interest in the month of October. As of October 30th, there was short interest totaling 26,783 shares, an increase of 95.0% from the October 15th total of 13,732 shares. Based on an average daily volume of 17,380 shares, the days-to-cover ratio is presently 1.5 days. Currently, 0.8% of the company’s stock are short sold.

Vanguard U.S. Minimum Volatility ETF Stock Down 0.0%

VFMV stock traded down $0.02 during midday trading on Friday, reaching $149.10. 12,219 shares of the company’s stock traded hands, compared to its average volume of 17,981. The company has a market cap of $511.41 million, a price-to-earnings ratio of 21.53 and a beta of 0.63. The firm’s fifty day moving average price is $145.36 and its 200-day moving average price is $141.15. Vanguard U.S. Minimum Volatility ETF has a 52 week low of $127.45 and a 52 week high of $150.45.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Anderson Hoagland & Co. purchased a new position in Vanguard U.S. Minimum Volatility ETF in the third quarter valued at about $26,565,000. Harpswell Capital Advisors LLC bought a new position in shares of Vanguard U.S. Minimum Volatility ETF during the 3rd quarter valued at approximately $4,452,000. Guyasuta Investment Advisors Inc. increased its stake in shares of Vanguard U.S. Minimum Volatility ETF by 101.6% during the 3rd quarter. Guyasuta Investment Advisors Inc. now owns 14,165 shares of the company’s stock worth $2,005,000 after purchasing an additional 7,140 shares during the last quarter. Commonwealth Equity Services LLC purchased a new stake in shares of Vanguard U.S. Minimum Volatility ETF during the 3rd quarter worth approximately $903,000. Finally, Envestnet Asset Management Inc. increased its stake in shares of Vanguard U.S. Minimum Volatility ETF by 25.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 21,573 shares of the company’s stock worth $3,006,000 after purchasing an additional 4,393 shares during the last quarter.

Vanguard U.S. Minimum Volatility ETF Company Profile

The Vanguard U.S. Minimum Volatility ETF (VFMV) is an exchange-traded fund that is based on the MSCI USA Minimum Volatility index. The fund seeks to provide long-term capital appreciation with lower volatility relative to the broad U.S. equity market. VFMV was launched on Feb 13, 2018 and is managed by Vanguard.