Short Interest in Vanguard U.S. Value Factor (BATS:VFVA) Drops By 44.5%

Vanguard U.S. Value Factor (BATS:VFVA) was the recipient of a significant drop in short interest during the month of August. As of August 31st, there was short interest totaling 18,948 shares, a drop of 44.5% from the August 15th total of 34,169 shares. Based on an average trading volume of 19,784 shares, the days-to-cover ratio is currently 1.0 days. Approximately 0.4% of the company’s shares are short sold.

Vanguard U.S. Value Factor Trading Down 0.4%

Shares of Vanguard U.S. Value Factor stock opened at $159.97 on Wednesday. Vanguard U.S. Value Factor has a 12 month low of $122.55 and a 12 month high of $164.02. The stock’s fifty day simple moving average is $158.56 and its 200 day simple moving average is $147.79. The company has a market capitalization of $825.45 million, a PE ratio of 11.47 and a beta of 1.03.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of VFVA. MBM Wealth Consultants LLC bought a new position in Vanguard U.S. Value Factor during the 1st quarter worth $104,000. Lam Group Inc. acquired a new stake in shares of Vanguard U.S. Value Factor in the 1st quarter valued at $195,000. World Investment Advisors boosted its holdings in shares of Vanguard U.S. Value Factor by 4.9% in the 4th quarter. World Investment Advisors now owns 1,868 shares of the company’s stock valued at $248,000 after purchasing an additional 88 shares in the last quarter. Daviman Financial LLC bought a new position in shares of Vanguard U.S. Value Factor in the 4th quarter valued at $261,000. Finally, Quantinno Capital Management LP increased its stake in shares of Vanguard U.S. Value Factor by 29.0% in the 1st quarter. Quantinno Capital Management LP now owns 2,199 shares of the company’s stock valued at $296,000 after purchasing an additional 494 shares during the last quarter.

About Vanguard U.S. Value Factor

The Vanguard U.S. Value Factor ETF (VFVA) is an exchange-traded fund that is based on the CRSP U.S. Large Cap Value index. The fund is an actively managed fund of US equities with lower share prices relative to fundamental values, as determined by the manager. The fund seeks long-term capital appreciation. VFVA was launched on Feb 13, 2018 and is managed by Vanguard.