Short Interest in Vanguard Intermediate-Term Tax-Exempt Bond ETF (BATS:VTEI) Increases By 59.9%

Vanguard Intermediate-Term Tax-Exempt Bond ETF (BATS:VTEI) saw a significant increase in short interest in May. As of May 29th, there was short interest totaling 80,639 shares, an increase of 59.9% from the May 14th total of 50,429 shares. Approximately 1.3% of the company’s stock are sold short. Based on an average trading volume of 186,088 shares, the short-interest ratio is currently 0.4 days.

Vanguard Intermediate-Term Tax-Exempt Bond ETF Price Performance

BATS:VTEI opened at $100.69 on Tuesday. The firm has a 50-day moving average of $100.51 and a 200-day moving average of $100.93. Vanguard Intermediate-Term Tax-Exempt Bond ETF has a one year low of $97.87 and a one year high of $102.66.

Institutional Investors Weigh In On Vanguard Intermediate-Term Tax-Exempt Bond ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. DiNuzzo Private Wealth Inc. grew its position in Vanguard Intermediate-Term Tax-Exempt Bond ETF by 13.6% in the 4th quarter. DiNuzzo Private Wealth Inc. now owns 828 shares of the company’s stock worth $84,000 after purchasing an additional 99 shares in the last quarter. Paragon Capital Management Ltd grew its position in Vanguard Intermediate-Term Tax-Exempt Bond ETF by 0.7% in the 4th quarter. Paragon Capital Management Ltd now owns 17,562 shares of the company’s stock worth $1,771,000 after purchasing an additional 115 shares in the last quarter. Freedom Investment Management Inc. grew its position in Vanguard Intermediate-Term Tax-Exempt Bond ETF by 0.9% in the 4th quarter. Freedom Investment Management Inc. now owns 14,479 shares of the company’s stock worth $1,460,000 after purchasing an additional 125 shares in the last quarter. Sanctuary Advisors LLC grew its position in Vanguard Intermediate-Term Tax-Exempt Bond ETF by 6.7% in the 1st quarter. Sanctuary Advisors LLC now owns 2,754 shares of the company’s stock worth $275,000 after purchasing an additional 174 shares in the last quarter. Finally, Bryn Mawr Trust Advisors LLC grew its position in Vanguard Intermediate-Term Tax-Exempt Bond ETF by 1.8% in the 1st quarter. Bryn Mawr Trust Advisors LLC now owns 10,872 shares of the company’s stock worth $1,087,000 after purchasing an additional 195 shares in the last quarter.

About Vanguard Intermediate-Term Tax-Exempt Bond ETF

The Vanguard Intermediate-Term Tax-Exempt Bond ETF (VTEI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market value-weighted index of tax-exempt investment grade debt issued by US state and local governments or agencies. The fund includes muni bonds with an effective maturity below 20 years. VTEI was launched on Jan 30, 2024 and is issued by Vanguard.