Short Interest in Vanguard US Multifactor ETF (BATS:VFMF) Declines By 49.4%

Vanguard US Multifactor ETF (BATS:VFMF) saw a significant drop in short interest in May. As of May 15th, there was short interest totaling 22,596 shares, a drop of 49.4% from the April 30th total of 44,689 shares. Approximately 0.8% of the shares of the stock are sold short. Based on an average daily trading volume, of 18,158 shares, the short-interest ratio is presently 1.2 days.

Vanguard US Multifactor ETF Stock Performance

Vanguard US Multifactor ETF stock opened at $171.65 on Monday. The stock has a fifty day moving average of $163.93 and a two-hundred day moving average of $157.98. The company has a market capitalization of $458.31 million, a price-to-earnings ratio of 14.32 and a beta of 0.97. Vanguard US Multifactor ETF has a fifty-two week low of $129.40 and a fifty-two week high of $175.52.

Institutional Investors Weigh In On Vanguard US Multifactor ETF

Hedge funds have recently made changes to their positions in the business. Focus Partners Advisor Solutions LLC boosted its holdings in shares of Vanguard US Multifactor ETF by 98.6% during the third quarter. Focus Partners Advisor Solutions LLC now owns 9,755 shares of the company’s stock worth $1,416,000 after purchasing an additional 4,843 shares during the last quarter. Brass Tax Wealth Management Inc. acquired a new stake in shares of Vanguard US Multifactor ETF during the third quarter worth $23,883,000. Rooted Wealth Advisors Inc. acquired a new stake in shares of Vanguard US Multifactor ETF during the fourth quarter worth $5,874,000. Baron Silver Stevens Financial Advisors LLC boosted its holdings in shares of Vanguard US Multifactor ETF by 24.7% during the fourth quarter. Baron Silver Stevens Financial Advisors LLC now owns 36,207 shares of the company’s stock worth $5,457,000 after purchasing an additional 7,178 shares during the last quarter. Finally, TFB Advisors LLC boosted its holdings in shares of Vanguard US Multifactor ETF by 32.5% during the third quarter. TFB Advisors LLC now owns 13,445 shares of the company’s stock worth $1,927,000 after purchasing an additional 3,298 shares during the last quarter.

Vanguard US Multifactor ETF Company Profile

The Vanguard U.S. Multifactor ETF (VFMF) is an exchange-traded fund that is based on the MSCI USA Diversified Multi-Factor index. The fund is an actively-managed fund that invests in US equities exhibiting value, momentum, quality and low volatility factors. VFMF was launched on Feb 13, 2018 and is managed by Vanguard.