Short Interest in Vanguard Intermediate-Term Tax-Exempt Bond ETF (BATS:VTEI) Grows By 202.4%

Vanguard Intermediate-Term Tax-Exempt Bond ETF (BATS:VTEI) saw a large increase in short interest in the month of August. As of August 14th, there was short interest totaling 30,837 shares, an increase of 202.4% from the July 30th total of 10,196 shares. Based on an average trading volume of 134,585 shares, the short-interest ratio is currently 0.2 days. Currently, 0.5% of the shares of the stock are short sold.

Vanguard Intermediate-Term Tax-Exempt Bond ETF Trading Down 0.2%

BATS VTEI opened at $98.98 on Friday. The firm’s 50 day simple moving average is $99.91 and its 200 day simple moving average is $100.52. Vanguard Intermediate-Term Tax-Exempt Bond ETF has a 1 year low of $98.38 and a 1 year high of $102.66.

Institutional Investors Weigh In On Vanguard Intermediate-Term Tax-Exempt Bond ETF

A number of large investors have recently modified their holdings of VTEI. AdvisorNet Financial Inc acquired a new position in shares of Vanguard Intermediate-Term Tax-Exempt Bond ETF during the 1st quarter worth $29,000. PNC Financial Services Group Inc. acquired a new stake in Vanguard Intermediate-Term Tax-Exempt Bond ETF in the third quarter valued at about $41,000. WealthShield Partners LLC bought a new position in Vanguard Intermediate-Term Tax-Exempt Bond ETF in the fourth quarter valued at about $67,000. North Star Investment Management Corp. grew its position in Vanguard Intermediate-Term Tax-Exempt Bond ETF by 41.0% in the first quarter. North Star Investment Management Corp. now owns 819 shares of the company’s stock valued at $82,000 after acquiring an additional 238 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. acquired a new position in Vanguard Intermediate-Term Tax-Exempt Bond ETF during the second quarter worth about $86,000.

About Vanguard Intermediate-Term Tax-Exempt Bond ETF

The Vanguard Intermediate-Term Tax-Exempt Bond ETF (VTEI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market value-weighted index of tax-exempt investment grade debt issued by US state and local governments or agencies. The fund includes muni bonds with an effective maturity below 20 years. VTEI was launched on Jan 30, 2024 and is issued by Vanguard.