Short Interest in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) Increases By 28.5%

Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) saw a large increase in short interest during the month of October. As of October 15th, there was short interest totalling 8,560,000 shares, an increase of 28.5% from the September 30th total of 6,660,000 shares. Based on an average daily volume of 3,244,700 shares, the short-interest ratio is presently 2.6 days.

Hedge Funds Weigh In On Vanguard Short-Term Corporate Bond ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Biltmore Family Office LLC raised its stake in shares of Vanguard Short-Term Corporate Bond ETF by 2.8% in the first quarter. Biltmore Family Office LLC now owns 4,774 shares of the company’s stock worth $369,000 after purchasing an additional 132 shares during the last quarter. Tempus Wealth Planning LLC raised its position in Vanguard Short-Term Corporate Bond ETF by 3.5% during the 2nd quarter. Tempus Wealth Planning LLC now owns 3,911 shares of the company’s stock worth $302,000 after buying an additional 134 shares during the last quarter. Western Wealth Management LLC raised its position in Vanguard Short-Term Corporate Bond ETF by 1.4% during the 2nd quarter. Western Wealth Management LLC now owns 10,284 shares of the company’s stock worth $795,000 after buying an additional 138 shares during the last quarter. Orrstown Financial Services Inc. lifted its stake in Vanguard Short-Term Corporate Bond ETF by 3.0% during the 2nd quarter. Orrstown Financial Services Inc. now owns 5,243 shares of the company’s stock valued at $405,000 after acquiring an additional 151 shares during the period. Finally, Friedenthal Financial boosted its holdings in shares of Vanguard Short-Term Corporate Bond ETF by 1.1% in the 3rd quarter. Friedenthal Financial now owns 13,874 shares of the company’s stock valued at $1,102,000 after acquiring an additional 153 shares during the last quarter.

Vanguard Short-Term Corporate Bond ETF Stock Performance

Shares of Vanguard Short-Term Corporate Bond ETF stock opened at $78.57 on Wednesday. The firm’s 50 day simple moving average is $78.99 and its two-hundred day simple moving average is $77.93. Vanguard Short-Term Corporate Bond ETF has a 12-month low of $74.66 and a 12-month high of $79.54.

Vanguard Short-Term Corporate Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, September 5th. Investors of record on Tuesday, September 3rd were paid a $0.2627 dividend. The ex-dividend date of this dividend was Tuesday, September 3rd.

About Vanguard Short-Term Corporate Bond ETF

The Vanguard Short-Term Corporate Bond ETF (VCSH) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-weighted index of investment-grade, fixed-rate corporate bonds with maturities between 1 and 5 years. VCSH was launched on Nov 19, 2009 and is managed by Vanguard.