Short Interest in Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT) Rises By 25.6%

Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT) was the target of a large increase in short interest in February. As of February 28th, there was short interest totalling 1,670,000 shares, an increase of 25.6% from the February 13th total of 1,330,000 shares. Based on an average trading volume of 2,666,800 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.9% of the company’s shares are short sold.

Vanguard Long-Term Treasury Index ETF Stock Performance

Shares of NASDAQ:VGLT opened at $57.28 on Tuesday. Vanguard Long-Term Treasury Index ETF has a 52 week low of $53.80 and a 52 week high of $63.41. The firm has a 50 day simple moving average of $56.17 and a 200 day simple moving average of $57.87.

Vanguard Long-Term Treasury Index ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Wednesday, March 5th. Investors of record on Monday, March 3rd were given a $0.1893 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

Institutional Investors Weigh In On Vanguard Long-Term Treasury Index ETF

Hedge funds have recently made changes to their positions in the company. Kestra Investment Management LLC purchased a new stake in shares of Vanguard Long-Term Treasury Index ETF in the 4th quarter valued at approximately $29,000. Blair William & Co. IL lifted its position in shares of Vanguard Long-Term Treasury Index ETF by 81.8% in the 4th quarter. Blair William & Co. IL now owns 578 shares of the company’s stock valued at $32,000 after acquiring an additional 260 shares in the last quarter. Hurley Capital LLC purchased a new stake in Vanguard Long-Term Treasury Index ETF in the 4th quarter worth approximately $38,000. First Community Trust NA purchased a new stake in Vanguard Long-Term Treasury Index ETF in the 4th quarter worth approximately $43,000. Finally, Pinney & Scofield Inc. purchased a new stake in Vanguard Long-Term Treasury Index ETF in the 4th quarter worth approximately $43,000.

About Vanguard Long-Term Treasury Index ETF

Vanguard Long Term Government Bond ETF (the Fund) seeks to track the performance of a market-weighted government bond index with a long-term, dollar-weighted average maturity. It employs a passive management or indexing investment approach designed to track the performance of the Barclays Capital U.S.