The stock of VANGUARD US AGG BOND INDEX ETF CAD (TSE:VBU) reached all time low today, Dec, 1 and still has $22.50 target or 9.00% below today’s $24.72 share price. This indicates more downside for the $73.77M company. This technical setup was reported by Barchart.com. If the $22.50 PT is reached, the company will be worth $6.64 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 53,161 shares traded hands or 498.93% up from the average. VANGUARD US AGG BOND INDEX ETF CAD (TSE:VBU) has declined 1.93% since April 27, 2016 and is downtrending. It has underperformed by 7.86% the S&P500.
More recent VANGUARD US AGG BOND INDEX ETF CAD (TSE:VBU) 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 published the news titled: “How to assess five new Vanguard ETFs” on August 13, 2013. Business.Financialpost.com‘s news article titled: “5 mistakes ETF investors make” with publication date: May 30, 2014 was also an interesting one.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.