Vanguard US Multifactor ETF (BATS:VFMF) Sees Large Decline in Short Interest

Vanguard US Multifactor ETF (BATS:VFMF) was the target of a significant decrease in short interest during the month of August. As of August 14th, there was short interest totaling 18,488 shares, a decrease of 65.9% from the July 30th total of 54,270 shares. Based on an average daily volume of 53,472 shares, the short-interest ratio is currently 0.3 days. Approximately 0.7% of the shares of the company are short sold.

Institutional Investors Weigh In On Vanguard US Multifactor ETF

Several large investors have recently added to or reduced their stakes in VFMF. Kestra Advisory Services LLC raised its stake in Vanguard US Multifactor ETF by 3.7% in the 1st quarter. Kestra Advisory Services LLC now owns 2,311 shares of the company’s stock valued at $358,000 after acquiring an additional 83 shares during the period. Titleist Asset Management LLC boosted its position in Vanguard US Multifactor ETF by 5.7% during the fourth quarter. Titleist Asset Management LLC now owns 1,737 shares of the company’s stock worth $262,000 after purchasing an additional 94 shares during the period. NewEdge Advisors LLC boosted its position in Vanguard US Multifactor ETF by 1.4% during the third quarter. NewEdge Advisors LLC now owns 7,436 shares of the company’s stock worth $1,073,000 after purchasing an additional 102 shares during the period. Foundations Investment Advisors LLC increased its stake in shares of Vanguard US Multifactor ETF by 5.6% in the fourth quarter. Foundations Investment Advisors LLC now owns 2,599 shares of the company’s stock worth $392,000 after purchasing an additional 137 shares in the last quarter. Finally, JNBA Financial Advisors increased its stake in shares of Vanguard US Multifactor ETF by 64.7% in the second quarter. JNBA Financial Advisors now owns 382 shares of the company’s stock worth $68,000 after purchasing an additional 150 shares in the last quarter.

Vanguard US Multifactor ETF Trading Down 0.0%

Shares of BATS VFMF opened at $186.68 on Friday. The stock has a fifty day simple moving average of $181.59 and a two-hundred day simple moving average of $170.39. Vanguard US Multifactor ETF has a 1-year low of $139.30 and a 1-year high of $188.07. The firm has a market cap of $498.44 million, a price-to-earnings ratio of 14.32 and a beta of 0.97.

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.