Vanguard New York Tax-Exempt Bond ETF (BATS:MUNY) Sees Significant Growth in Short Interest

Vanguard New York Tax-Exempt Bond ETF (BATS:MUNYGet Free Report) was the target of a significant increase in short interest in the month of July. As of July 31st, there was short interest totaling 47,443 shares, an increase of 162.8% from the July 15th total of 18,051 shares. Based on an average daily volume of 54,029 shares, the days-to-cover ratio is presently 0.9 days. Approximately 10.5% of the shares of the stock are short sold.

Vanguard New York Tax-Exempt Bond ETF Stock Performance

MUNY opened at $102.47 on Friday. Vanguard New York Tax-Exempt Bond ETF has a twelve month low of $100.12 and a twelve month high of $105.51. The company has a 50-day moving average price of $103.00 and a 200 day moving average price of $103.23.

Institutional Investors Weigh In On Vanguard New York Tax-Exempt Bond ETF

Several large investors have recently bought and sold shares of MUNY. Jane Street Group LLC acquired a new position in shares of Vanguard New York Tax-Exempt Bond ETF during the second quarter valued at approximately $5,056,000. Private Advisor Group LLC purchased a new stake in shares of Vanguard New York Tax-Exempt Bond ETF during the third quarter worth approximately $206,000. Fiduciary Advisors Inc. purchased a new stake in shares of Vanguard New York Tax-Exempt Bond ETF during the fourth quarter worth approximately $42,000. Bravias Capital Group LLC acquired a new position in Vanguard New York Tax-Exempt Bond ETF in the 4th quarter valued at $403,000. Finally, American Financial & Tax Strategies Inc. raised its stake in Vanguard New York Tax-Exempt Bond ETF by 44.1% in the 4th quarter. American Financial & Tax Strategies Inc. now owns 5,000 shares of the company’s stock valued at $516,000 after purchasing an additional 1,531 shares during the last quarter.

Vanguard New York Tax-Exempt Bond ETF Company Profile

(Get Free Report)

Vanguard New York Tax-Free Funds – Vanguard New York Tax-Exempt Bond ETF is an exchange traded fund launched and managed by The Vanguard Group, Inc The fund invests in fixed income markets of the United States. It invests in U.S. dollar denominated tax exempt investment-grade municipal bonds issued by state or local governments or agencies that are rated BBB- or above by S&P or Fitch or Baa3 or above by Moody’s with a maturity that is greater than or equal to one calendar month. The fund seeks to track the performance of the S&P New York AMT-Free Municipal USD10 Million Par Bond Index, by using representative sampling methodology.

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