Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT) Short Interest Up 99.1% in January

Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT) was the recipient of a significant growth in short interest during the month of January. As of January 15th, there was short interest totalling 1,750,000 shares, a growth of 99.1% from the December 31st total of 878,800 shares. Based on an average trading volume of 3,735,800 shares, the days-to-cover ratio is presently 0.5 days.

Institutional Trading of Vanguard Long-Term Treasury Index ETF

Institutional investors have recently added to or reduced their stakes in the business. First Community Trust NA acquired a new position in shares of Vanguard Long-Term Treasury Index ETF during the fourth quarter worth about $43,000. Geneos Wealth Management Inc. grew its stake in shares of Vanguard Long-Term Treasury Index ETF by 50.9% in the fourth quarter. Geneos Wealth Management Inc. now owns 943 shares of the company’s stock valued at $52,000 after buying an additional 318 shares in the last quarter. JFS Wealth Advisors LLC purchased a new stake in shares of Vanguard Long-Term Treasury Index ETF during the 3rd quarter valued at about $53,000. Bristlecone Advisors LLC purchased a new position in Vanguard Long-Term Treasury Index ETF in the 3rd quarter worth approximately $55,000. Finally, Concord Wealth Partners purchased a new position in Vanguard Long-Term Treasury Index ETF in the 3rd quarter worth approximately $62,000.

Vanguard Long-Term Treasury Index ETF Trading Up 0.5 %

Shares of NASDAQ:VGLT opened at $56.00 on Friday. The stock has a 50-day simple moving average of $56.34 and a 200-day simple moving average of $58.64. Vanguard Long-Term Treasury Index ETF has a 1 year low of $53.79 and a 1 year high of $63.41.

Vanguard Long-Term Treasury Index ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, December 27th. Stockholders of record on Tuesday, December 24th were paid a $0.2075 dividend. The ex-dividend date was Tuesday, December 24th.

About Vanguard Long-Term Treasury Index ETF

Vanguard Long Term Government Bond ETF (the Fund) seeks to track the performance of a market-weighted government bond index with a long-term, dollar-weighted average maturity. It employs a passive management or indexing investment approach designed to track the performance of the Barclays Capital U.S.