VANGUARD CDN SHORT-TERM BOND INDEX ETF Just Reaches 52-Week Low?

 VANGUARD CDN SHORT TERM BOND INDEX ETF Just Reaches 52 Week Low?

The stock of VANGUARD CDN SHORT-TERM BOND INDEX ETF (TSE:VSB) hit a new 52-week low and has $23.47 target or 4.00% below today’s $24.45 share price. The 6 months bearish chart indicates high risk for the $805.39M company. The 1-year low was reported on Nov, 28 by Barchart.com. If the $23.47 price target is reached, the company will be worth $32.22M less.
The 52-week low event is an important milestone for every stock because it shows very negative momentum and is time when sellers come in. During such technical setups, fundamental investors usually stay away and are careful buying the stock. About 15,748 shares traded hands. VANGUARD CDN SHORT-TERM BOND INDEX ETF (TSE:VSB) has declined 0.85% since April 22, 2016 and is downtrending. It has underperformed by 6.86% the S&P500.

More important 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 Marketwatch.com published article titled: “Vanguard Announces Cash Distributions for the Vanguard ETFs (VAB, VSB, VSC …”, Theglobeandmail.com published: “What we’re investing in: Canada’s five most popular ETFs” on October 01, 2015. More interesting news about VANGUARD CDN SHORT-TERM BOND INDEX ETF (TSE:VSB) was released by: Fool.ca and their article: “Caution Ahead: Why Bonds May Soon Become Much Harder to Manage” with publication date: May 12, 2015.

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