Short Interest in Vanguard U.S. Momentum Factor ETF (BATS:VFMO) Drops By 35.2%

Vanguard U.S. Momentum Factor ETF (BATS:VFMO) was the recipient of a large decline in short interest during the month of April. As of April 30th, there was short interest totaling 23,503 shares, a decline of 35.2% from the April 15th total of 36,268 shares. Based on an average daily trading volume, of 52,865 shares, the short-interest ratio is currently 0.4 days. Approximately 0.4% of the company’s shares are sold short.

Vanguard U.S. Momentum Factor ETF Stock Performance

BATS VFMO opened at $226.55 on Monday. The business’s 50-day moving average price is $210.57 and its two-hundred day moving average price is $202.41. Vanguard U.S. Momentum Factor ETF has a 12 month low of $159.72 and a 12 month high of $232.86. The firm has a market capitalization of $1.43 billion, a PE ratio of 22.24 and a beta of 1.08.

Institutional Investors Weigh In On Vanguard U.S. Momentum Factor ETF

Institutional investors have recently made changes to their positions in the stock. Ritholtz Wealth Management boosted its position in Vanguard U.S. Momentum Factor ETF by 8.6% during the first quarter. Ritholtz Wealth Management now owns 707,199 shares of the company’s stock valued at $139,389,000 after acquiring an additional 56,191 shares during the last quarter. LPL Financial LLC grew its holdings in Vanguard U.S. Momentum Factor ETF by 35.0% during the 4th quarter. LPL Financial LLC now owns 140,128 shares of the company’s stock worth $26,800,000 after acquiring an additional 36,308 shares during the period. Thrivent Financial for Lutherans bought a new position in shares of Vanguard U.S. Momentum Factor ETF in the 4th quarter worth about $5,659,000. Tidal Investments LLC raised its position in shares of Vanguard U.S. Momentum Factor ETF by 549.0% in the 3rd quarter. Tidal Investments LLC now owns 29,252 shares of the company’s stock worth $5,605,000 after acquiring an additional 24,745 shares in the last quarter. Finally, UBS Group AG raised its position in shares of Vanguard U.S. Momentum Factor ETF by 97.5% in the 4th quarter. UBS Group AG now owns 43,066 shares of the company’s stock worth $8,236,000 after acquiring an additional 21,256 shares in the last quarter.

Vanguard U.S. Momentum Factor ETF Company Profile

The Vanguard U.S. Momentum Factor ETF (VFMO) is an exchange-traded fund that is based on the MSCI USA Momentum index. Vanguard U.S. Momentum Factor ETF seeks to provide long-term capital appreciation by investing in stocks with strong recent performance as determined by the advisor. VFMO was launched on Feb 13, 2018 and is managed by Vanguard.