Short Interest in Vanguard Mortgage-Backed Securities Index Fund (NASDAQ:VMBS) Rises By 91.8%

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Vanguard Mortgage-Backed Securities Index Fund (NASDAQ:VMBSGet Rating) was the recipient of a large increase in short interest in April. As of April 30th, there was short interest totalling 5,410,000 shares, an increase of 91.8% from the April 15th total of 2,820,000 shares. Based on an average daily trading volume, of 3,147,800 shares, the days-to-cover ratio is currently 1.7 days.

NASDAQ VMBS opened at $48.40 on Friday. Vanguard Mortgage-Backed Securities Index Fund has a 52-week low of $47.57 and a 52-week high of $53.68. The company has a fifty day moving average of $49.27 and a 200-day moving average of $51.30.

The company also recently declared a monthly dividend, which was paid on Thursday, May 5th. Shareholders of record on Tuesday, May 3rd were given a dividend of $0.068 per share. The ex-dividend date of this dividend was Monday, May 2nd. This represents a $0.82 dividend on an annualized basis and a yield of 1.69%.

Hedge funds have recently modified their holdings of the business. Regency Capital Management Inc. DE bought a new position in shares of Vanguard Mortgage-Backed Securities Index Fund during the 4th quarter valued at about $25,000. Joseph P. Lucia & Associates LLC purchased a new position in shares of Vanguard Mortgage-Backed Securities Index Fund during the first quarter worth approximately $25,000. Jackson Hole Capital Partners LLC purchased a new position in shares of Vanguard Mortgage-Backed Securities Index Fund during the first quarter worth approximately $28,000. Lenox Wealth Advisors LLC lifted its holdings in shares of Vanguard Mortgage-Backed Securities Index Fund by 1,304.5% in the 4th quarter. Lenox Wealth Advisors LLC now owns 618 shares of the exchange traded fund’s stock worth $33,000 after acquiring an additional 574 shares during the last quarter. Finally, Whittier Trust Co. of Nevada Inc. purchased a new stake in shares of Vanguard Mortgage-Backed Securities Index Fund in the 1st quarter valued at $36,000.

About Vanguard Mortgage-Backed Securities Index Fund (Get Rating)

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).

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