The stock of VANGUARD CDN SHORT-TERM BOND INDEX ETF (TSE:VSB) reached all time low today, Nov, 14 and still has $22.55 target or 8.00% below today’s $24.51 share price. This indicates more downside for the $804.91 million company. This technical setup was reported by Barchart.com. If the $22.55 PT is reached, the company will be worth $64.39 million less.
Trading stocks at an all time low is not easy. Stock at an all time low usually experience even more downside due to very negative fundament. Even thought the pullback rate is high, shorting is not an easy job because the risk of being wrong is big and the risk-reward ratio is always worse than if trading lon only. About 13,190 shares traded hands. VANGUARD CDN SHORT-TERM BOND INDEX ETF (TSE:VSB) has declined 0.77% since April 8, 2016 and is downtrending. It has underperformed by 5.75% the S&P500.
More notable recent VANGUARD CDN SHORT-TERM BOND INDEX ETF (TSE:VSB) news were published by: Marketwatch.com which released: “Vanguard announces cash distributions for the Vanguard ETFs (VAB, VSB, VSC …” on September 06, 2016, also Theglobeandmail.com with their article: “What we’re investing in: Canada’s five most popular ETFs” published on October 01, 2015, Fool.ca published: “Caution Ahead: Why Bonds May Soon Become Much Harder to Manage” on May 12, 2015. More interesting news about VANGUARD CDN SHORT-TERM BOND INDEX ETF (TSE:VSB) were released by: Business.Financialpost.com and their article: “The DIY investor’s guide to portfolio building: How to choose the right ETF” published on May 22, 2015 as well as Business.Financialpost.com‘s news article titled: “How to use ETFs to hedge against interest rate hikes” with publication date: February 10, 2015.
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