Significant Rise in Short Interest for Vanguard Total Corporate Bond Fund (NASDAQ:VTC)

The Vanguard Total Corporate Bond Fund (NASDAQ:VTC - Get Free Report) saw a remarkable increase in short interest in January. By January 31st, the total short interest reached 19,600 shares, marking a staggering rise of 1,206.7% from the 1,500 shares noted on January 15th. Given the average daily trading volume of approximately 65,600 shares, the current short-interest ratio stands at 0.3 days.

Vanguard Total Corporate Bond Fund Stock Shows a Minor Decline

On Wednesday, the Vanguard Total Corporate Bond Fund stock dipped by $0.49, settling at $75.50 during mid-day trading. Approximately 15,512 shares exchanged hands, slightly below its usual trading volume of 67,609. With a 50-day moving average price at $76.10 and a 200-day moving average at $77.30, the fund has experienced a one-year low of $73.95 and a peak of $79.92.

Dividend Announcement from Vanguard Total Corporate Bond Fund

Recently, the fund declared a dividend to shareholders, which was distributed on February 5th. Those who were shareholders as of February 3rd received a dividend of $0.3019 per share, with the ex-dividend date also set for February 3rd.

Institutional Investors Adjust Holdings in Vanguard Total Corporate Bond Fund

Recent activity among institutional investors has revealed some changes in their positions in Vanguard Total Corporate Bond Fund. For instance, Hilltop Holdings Inc. acquired a new stake in the fund during the third quarter, valued at $438,000. Similarly, Raine Group LLC also established a new position worth $4,901,000 in the same period. Semmax Financial Advisors Inc. increased its holdings in the fund by 9.0%, bringing its total to 19,124 shares valued at $1,467,000 after adding 1,582 shares in the last quarter. Loomis Sayles & Co. L P also grew its position by 26.1%, now owning 79,870 shares worth $6,334,000 after a 16,535 shares addition. Lastly, Mill Creek Capital Advisors LLC raised its stake by 0.8%, holding 912,675 shares valued at $72,375,000 after acquiring an additional 6,844 shares.

Company Overview of the Vanguard Total Corporate Bond Fund

The Vanguard Total Corporate Bond ETF (VTC) is a type of exchange-traded fund that aligns with the Bloomberg U.S. Corporate Bond index. This fund is categorized as a fund-of-funds, aiming to offer exposure to investment-grade corporate bonds across a range of maturities. It was launched on November 7, 2017, and is managed by Vanguard.

Considerations for Investors

For those contemplating investment opportunities, it may be wise to consider alternatives. Various analysts are highlighting stocks that may currently present better opportunities than the Vanguard Total Corporate Bond Fund.

While the Vanguard Total Corporate Bond Fund holds a "Hold" rating among analysts, research suggests there may be five other stocks that could represent better investments for now.

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