Vanguard U.S. Momentum Factor ETF (BATS:VFMO) Short Interest Up 187.5% in July

Vanguard U.S. Momentum Factor ETF (BATS:VFMO) was the target of a large increase in short interest in the month of July. As of July 15th, there was short interest totaling 111,538 shares, an increase of 187.5% from the June 30th total of 38,801 shares. Approximately 1.8% of the shares of the company are short sold. Based on an average daily trading volume, of 91,099 shares, the short-interest ratio is presently 1.2 days.

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

Hedge funds have recently bought and sold shares of the company. North Star Investment Management Corp. bought a new position in shares of Vanguard U.S. Momentum Factor ETF in the fourth quarter worth about $62,000. Western Wealth Management LLC acquired a new position in shares of Vanguard U.S. Momentum Factor ETF during the 1st quarter worth about $70,000. PNC Financial Services Group Inc. bought a new stake in Vanguard U.S. Momentum Factor ETF during the 4th quarter valued at approximately $76,000. High Note Wealth LLC bought a new stake in Vanguard U.S. Momentum Factor ETF during the 4th quarter valued at approximately $91,000. Finally, City State Bank grew its holdings in Vanguard U.S. Momentum Factor ETF by 420.0% in the 4th quarter. City State Bank now owns 520 shares of the company’s stock valued at $99,000 after buying an additional 420 shares during the last quarter.

Vanguard U.S. Momentum Factor ETF Trading Down 0.8%

BATS:VFMO opened at $226.17 on Tuesday. Vanguard U.S. Momentum Factor ETF has a 1 year low of $170.02 and a 1 year high of $250.20. The firm’s fifty day simple moving average is $234.87 and its 200 day simple moving average is $217.82. The firm has a market capitalization of $1.43 billion, a PE ratio of 22.24 and a beta of 1.08.

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.