Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) Stock Short Interest Falls 97.5%

Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) was the target of a large drop in short interest in the month of October. As of October 30th, there was short interest totaling 77,719 shares, a drop of 97.5% from the October 15th total of 3,097,992 shares. Based on an average daily volume of 2,336,957 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.

Hedge Funds Weigh In On Vanguard Mortgage-Backed Securities ETF

Several hedge funds have recently bought and sold shares of the company. Vision Retirement LLC lifted its stake in Vanguard Mortgage-Backed Securities ETF by 1,915.4% in the 1st quarter. Vision Retirement LLC now owns 524 shares of the exchange traded fund’s stock worth $25,000 after purchasing an additional 498 shares in the last quarter. Ascentis Independent Advisors bought a new position in Vanguard Mortgage-Backed Securities ETF in the 1st quarter valued at $27,000. Signature Equity Partners LLC grew its position in shares of Vanguard Mortgage-Backed Securities ETF by 116.1% during the 3rd quarter. Signature Equity Partners LLC now owns 847 shares of the exchange traded fund’s stock valued at $38,000 after purchasing an additional 455 shares in the last quarter. Main Street Group LTD purchased a new position in shares of Vanguard Mortgage-Backed Securities ETF during the 1st quarter valued at $40,000. Finally, Compass Financial Management LLC purchased a new position in shares of Vanguard Mortgage-Backed Securities ETF during the 2nd quarter valued at $52,000.

Vanguard Mortgage-Backed Securities ETF Stock Down 0.8%

VMBS stock traded down $0.37 during mid-day trading on Tuesday, reaching $45.26. 1,559,785 shares of the company traded hands, compared to its average volume of 1,759,412. The company has a fifty day moving average price of $45.10 and a 200-day moving average price of $46.36. Vanguard Mortgage-Backed Securities ETF has a 52-week low of $43.95 and a 52-week high of $47.90.

Vanguard Mortgage-Backed Securities ETF Company Profile

Vanguard Mortgage Backed Securities ETF (the Fund) seeks to track the performance of a market-weighted, mortgage-backed securities index. The Fund employs a passive management or indexing investment approach designed to track the performance of the Barclays Capital U.S. MBS Float Adjusted Index (the Index). The Index covers the United States agency mortgage-backed, pass-through securities issued by Government National Mortgage Association (GNMA), Federal National Mortgage Association (FNMA) and Federal Home Loan Mortgage Corporation (FHLMC).