Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) Short Interest Up 19.8% in April

Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) was the target of a significant increase in short interest during the month of April. As of April 15th, there was short interest totalling 4,790,000 shares, an increase of 19.8% from the March 31st total of 4,000,000 shares. Based on an average daily volume of 2,383,500 shares, the days-to-cover ratio is presently 2.0 days.

Vanguard Long-Term Corporate Bond ETF Trading Up 0.5 %

NASDAQ:VCLT opened at $74.21 on Monday. The stock has a fifty day simple moving average of $76.56 and a 200-day simple moving average of $76.08. Vanguard Long-Term Corporate Bond ETF has a twelve month low of $67.47 and a twelve month high of $81.11.

Vanguard Long-Term Corporate Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, April 4th. Investors of record on Tuesday, April 2nd were issued a $0.3181 dividend. The ex-dividend date of this dividend was Monday, April 1st.

Institutional Trading of Vanguard Long-Term Corporate Bond ETF

Several institutional investors and hedge funds have recently made changes to their positions in VCLT. Evolution Advisers Inc. bought a new stake in shares of Vanguard Long-Term Corporate Bond ETF in the fourth quarter valued at about $26,000. Cullen Frost Bankers Inc. bought a new stake in shares of Vanguard Long-Term Corporate Bond ETF in the third quarter valued at about $31,000. Tennessee Valley Asset Management Partners bought a new stake in shares of Vanguard Long-Term Corporate Bond ETF in the fourth quarter valued at about $36,000. Fortis Group Advisors LLC raised its holdings in shares of Vanguard Long-Term Corporate Bond ETF by 100.0% in the fourth quarter. Fortis Group Advisors LLC now owns 532 shares of the exchange traded fund’s stock valued at $43,000 after acquiring an additional 266 shares in the last quarter. Finally, Fifth Third Bancorp raised its holdings in shares of Vanguard Long-Term Corporate Bond ETF by 29.5% in the third quarter. Fifth Third Bancorp now owns 738 shares of the exchange traded fund’s stock valued at $53,000 after acquiring an additional 168 shares in the last quarter.

Vanguard Long-Term Corporate Bond ETF Company Profile

Vanguard Long Term Corporate Bond ETF (the Fund) seeks to track the performance of a market-weighted corporate bond index with a long-term, dollar-weighted average maturity. The Fund employs a passive management or indexing investment approach designed to track the performance of the Barclays Capital U.S.