Vanguard New York Tax-Exempt Bond ETF (BATS:MUNY) Short Interest Down 79.3% in August

Vanguard New York Tax-Exempt Bond ETF (BATS:MUNY) was the target of a significant decline in short interest during the month of August. As of August 14th, there was short interest totaling 9,829 shares, a decline of 79.3% from the July 30th total of 47,443 shares. Based on an average daily trading volume, of 80,131 shares, the days-to-cover ratio is presently 0.1 days. Currently, 2.2% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of MUNY. Jane Street Group LLC acquired a new stake in shares of Vanguard New York Tax-Exempt Bond ETF in the 2nd quarter valued at $5,056,000. Private Advisor Group LLC acquired a new position in shares of Vanguard New York Tax-Exempt Bond ETF during the third quarter valued at $206,000. American Financial & Tax Strategies Inc. lifted its stake in shares of Vanguard New York Tax-Exempt Bond ETF by 44.1% during the fourth quarter. American Financial & Tax Strategies Inc. now owns 5,000 shares of the company’s stock valued at $516,000 after acquiring an additional 1,531 shares during the period. Crestwood Advisors Group LLC lifted its stake in shares of Vanguard New York Tax-Exempt Bond ETF by 106.8% during the fourth quarter. Crestwood Advisors Group LLC now owns 5,895 shares of the company’s stock valued at $609,000 after acquiring an additional 3,045 shares during the period. Finally, Tortoise Investment Management LLC boosted its holdings in Vanguard New York Tax-Exempt Bond ETF by 128.4% in the fourth quarter. Tortoise Investment Management LLC now owns 13,450 shares of the company’s stock valued at $1,388,000 after acquiring an additional 7,560 shares during the last quarter.

Vanguard New York Tax-Exempt Bond ETF Stock Performance

MUNY opened at $101.49 on Friday. Vanguard New York Tax-Exempt Bond ETF has a 1-year low of $100.12 and a 1-year high of $105.51. The firm has a 50-day moving average price of $102.67 and a two-hundred day moving average price of $103.09.

About Vanguard New York Tax-Exempt Bond ETF

Vanguard New York Tax-Free Funds – Vanguard New York Tax-Exempt Bond ETF is an exchange traded fund launched and managed by The Vanguard Group, Inc The fund invests in fixed income markets of the United States. It invests in U.S. dollar denominated tax exempt investment-grade municipal bonds issued by state or local governments or agencies that are rated BBB- or above by S&P or Fitch or Baa3 or above by Moody’s with a maturity that is greater than or equal to one calendar month. The fund seeks to track the performance of the S&P New York AMT-Free Municipal USD10 Million Par Bond Index, by using representative sampling methodology.