Vanguard U.S. Value Factor (BATS:VFVA) Sees Significant Growth in Short Interest

Vanguard U.S. Value Factor (BATS:VFVA) was the recipient of a large growth in short interest during the month of June. As of June 15th, there was short interest totaling 42,537 shares, a growth of 103.5% from the May 31st total of 20,901 shares. Based on an average daily trading volume, of 10,738 shares, the short-interest ratio is presently 4.0 days. Approximately 0.8% of the company’s stock are sold short.

Institutional Trading of Vanguard U.S. Value Factor

A number of hedge funds and other institutional investors have recently modified their holdings of VFVA. Royal Bank of Canada boosted its position in Vanguard U.S. Value Factor by 0.8% during the first quarter. Royal Bank of Canada now owns 20,957 shares of the company’s stock valued at $2,389,000 after purchasing an additional 166 shares during the last quarter. Bank of America Corp DE grew its stake in Vanguard U.S. Value Factor by 185.4% in the second quarter. Bank of America Corp DE now owns 7,333 shares of the company’s stock valued at $867,000 after purchasing an additional 4,764 shares in the last quarter. Two Sigma Securities LLC acquired a new position in shares of Vanguard U.S. Value Factor during the 2nd quarter worth approximately $273,000. Visionary Wealth Advisors increased its position in shares of Vanguard U.S. Value Factor by 1.8% during the 2nd quarter. Visionary Wealth Advisors now owns 11,104 shares of the company’s stock worth $1,314,000 after purchasing an additional 196 shares during the last quarter. Finally, Equitable Holdings Inc. raised its stake in shares of Vanguard U.S. Value Factor by 14.9% during the 2nd quarter. Equitable Holdings Inc. now owns 127,910 shares of the company’s stock worth $15,132,000 after purchasing an additional 16,594 shares in the last quarter.

Vanguard U.S. Value Factor Price Performance

Shares of BATS:VFVA opened at $149.08 on Tuesday. The company’s 50-day moving average price is $144.74 and its two-hundred day moving average price is $140.03. Vanguard U.S. Value Factor has a one year low of $115.61 and a one year high of $150.11. The stock has a market capitalization of $769.25 million, a PE ratio of 11.47 and a beta of 1.03.

About Vanguard U.S. Value Factor

The Vanguard U.S. Value Factor ETF (VFVA) is an exchange-traded fund that is based on the CRSP U.S. Large Cap Value index. The fund is an actively managed fund of US equities with lower share prices relative to fundamental values, as determined by the manager. The fund seeks long-term capital appreciation. VFVA was launched on Feb 13, 2018 and is managed by Vanguard.