Vanguard U.S. Minimum Volatility ETF (BATS:VFMV) Sees Significant Growth in Short Interest

Vanguard U.S. Minimum Volatility ETF (BATS:VFMV) was the recipient of a significant increase in short interest in July. As of July 15th, there was short interest totaling 9,005 shares, an increase of 533.7% from the June 30th total of 1,421 shares. Approximately 0.4% of the company’s shares are sold short. Based on an average daily trading volume, of 16,824 shares, the short-interest ratio is presently 0.5 days.

Vanguard U.S. Minimum Volatility ETF Price Performance

VFMV opened at $142.89 on Monday. Vanguard U.S. Minimum Volatility ETF has a 52-week low of $125.86 and a 52-week high of $143.52. The company has a 50 day moving average of $140.77 and a two-hundred day moving average of $137.79. The company has a market cap of $320.07 million, a P/E ratio of 20.97 and a beta of 0.69.

Institutional Investors Weigh In On Vanguard U.S. Minimum Volatility ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Maripau Wealth Management LLC boosted its position in Vanguard U.S. Minimum Volatility ETF by 23.6% in the 1st quarter. Maripau Wealth Management LLC now owns 4,651 shares of the company’s stock valued at $620,000 after buying an additional 888 shares during the last quarter. Cetera Investment Advisers increased its position in shares of Vanguard U.S. Minimum Volatility ETF by 17.7% during the first quarter. Cetera Investment Advisers now owns 22,006 shares of the company’s stock worth $2,932,000 after acquiring an additional 3,316 shares during the last quarter. Silver Oak Securities Incorporated increased its position in shares of Vanguard U.S. Minimum Volatility ETF by 58.3% during the first quarter. Silver Oak Securities Incorporated now owns 4,362 shares of the company’s stock worth $581,000 after acquiring an additional 1,606 shares during the last quarter. Signal Advisors Wealth LLC lifted its stake in shares of Vanguard U.S. Minimum Volatility ETF by 24.3% in the first quarter. Signal Advisors Wealth LLC now owns 4,651 shares of the company’s stock worth $620,000 after acquiring an additional 910 shares in the last quarter. Finally, Cornerstone Planning LLC acquired a new position in shares of Vanguard U.S. Minimum Volatility ETF in the fourth quarter worth about $3,895,000.

About Vanguard U.S. Minimum Volatility ETF

The Vanguard U.S. Minimum Volatility ETF (VFMV) is an exchange-traded fund that is based on the MSCI USA Minimum Volatility index. The fund seeks to provide long-term capital appreciation with lower volatility relative to the broad U.S. equity market. VFMV was launched on Feb 13, 2018 and is managed by Vanguard.