What’s Propelling VANGUARD CDN SHORT-TERM BOND INDEX ETF to Reach All-Time Low?

 What's Propelling VANGUARD CDN SHORT TERM BOND INDEX ETF to Reach All Time Low?

The stock of VANGUARD CDN SHORT-TERM BOND INDEX ETF (TSE:VSB) reached all time low today, Nov, 28 and still has $23.72 target or 3.00% below today’s $24.45 share price. This indicates more downside for the $805.39M company. This technical setup was reported by Barchart.com. If the $23.72 PT is reached, the company will be worth $24.16M 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 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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