Short Interest in Vanguard Long-Term Tax-Exempt Bond ETF (BATS:VTEL) Drops By 45.6%

Vanguard Long-Term Tax-Exempt Bond ETF (BATS:VTEL) was the target of a significant drop in short interest during the month of June. As of June 15th, there was short interest totaling 14,941 shares, a drop of 45.6% from the May 31st total of 27,449 shares. Approximately 6.0% of the shares of the company are sold short. Based on an average daily volume of 22,693 shares, the short-interest ratio is currently 0.7 days.

Institutional Trading of Vanguard Long-Term Tax-Exempt Bond ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. HighTower Advisors LLC raised its position in Vanguard Long-Term Tax-Exempt Bond ETF by 241.0% in the fourth quarter. HighTower Advisors LLC now owns 146,503 shares of the company’s stock worth $15,182,000 after acquiring an additional 103,538 shares during the period. Bank of America Corp DE grew its position in shares of Vanguard Long-Term Tax-Exempt Bond ETF by 840.8% during the 1st quarter. Bank of America Corp DE now owns 120,771 shares of the company’s stock valued at $12,380,000 after acquiring an additional 107,934 shares during the period. Jane Street Group LLC increased its stake in shares of Vanguard Long-Term Tax-Exempt Bond ETF by 186.4% in the 4th quarter. Jane Street Group LLC now owns 119,687 shares of the company’s stock worth $12,403,000 after purchasing an additional 77,896 shares in the last quarter. Janney Montgomery Scott LLC increased its stake in shares of Vanguard Long-Term Tax-Exempt Bond ETF by 1.7% in the 4th quarter. Janney Montgomery Scott LLC now owns 110,183 shares of the company’s stock worth $11,418,000 after purchasing an additional 1,818 shares in the last quarter. Finally, Ashton Thomas Private Wealth LLC increased its stake in shares of Vanguard Long-Term Tax-Exempt Bond ETF by 45.2% in the 4th quarter. Ashton Thomas Private Wealth LLC now owns 28,813 shares of the company’s stock worth $2,986,000 after purchasing an additional 8,970 shares in the last quarter.

Vanguard Long-Term Tax-Exempt Bond ETF Trading Down 0.0%

Shares of BATS:VTEL opened at $104.77 on Wednesday. The firm’s 50 day moving average price is $103.73 and its 200-day moving average price is $103.72. Vanguard Long-Term Tax-Exempt Bond ETF has a twelve month low of $98.00 and a twelve month high of $105.84.

About Vanguard Long-Term Tax-Exempt Bond ETF

The Vanguard Long-Term Tax-Exempt Bond ETF (VTEL) is an exchange-traded fund that trades on the BATS exchange in the United States.