Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) Short Interest Update

Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) saw a significant growth in short interest in October. As of October 15th, there was short interest totalling 16,960,000 shares, a growth of 50.2% from the September 30th total of 11,290,000 shares. Based on an average daily trading volume, of 6,817,700 shares, the days-to-cover ratio is currently 2.5 days.

Vanguard Intermediate-Term Corporate Bond ETF Stock Down 0.1 %

Shares of VCIT traded down $0.10 during midday trading on Monday, reaching $81.61. 7,494,315 shares of the stock were exchanged, compared to its average volume of 7,015,855. Vanguard Intermediate-Term Corporate Bond ETF has a twelve month low of $74.32 and a twelve month high of $84.25. The stock’s 50 day simple moving average is $83.06 and its 200 day simple moving average is $81.12.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, September 5th. Investors of record on Tuesday, September 3rd were given a $0.301 dividend. The ex-dividend date was Tuesday, September 3rd. This is a boost from Vanguard Intermediate-Term Corporate Bond ETF’s previous dividend of $0.29.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Insight Advisors LLC PA bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the second quarter worth about $228,000. Vanguard Group Inc. grew its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 9.2% during the first quarter. Vanguard Group Inc. now owns 3,404,481 shares of the company’s stock worth $274,095,000 after purchasing an additional 286,685 shares during the last quarter. Bank of New York Mellon Corp lifted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 4.6% in the second quarter. Bank of New York Mellon Corp now owns 1,705,190 shares of the company’s stock worth $136,296,000 after acquiring an additional 75,446 shares during the period. First Pacific Financial lifted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 6.1% in the second quarter. First Pacific Financial now owns 275,356 shares of the company’s stock worth $22,009,000 after acquiring an additional 15,950 shares during the period. Finally, Hexagon Capital Partners LLC lifted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 40.5% in the first quarter. Hexagon Capital Partners LLC now owns 22,888 shares of the company’s stock worth $1,843,000 after acquiring an additional 6,599 shares during the period.

About Vanguard Intermediate-Term Corporate Bond ETF

Vanguard Intermediate-Term Corporate Bond ETF seeks to track the performance of the Barclays Capital U.S. 5-10 Year Corporate Bond Index, a subset of the Barclays Capital U.S. Aggregate Float Adjusted Index. The Barclays Capital U.S. 5-10 Year Corporate Bond Index measures the investment return of U.S.