Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG) Sees Significant Decrease in Short Interest

Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG) was the target of a large drop in short interest in January. As of January 30th, there was short interest totaling 23,086 shares, a drop of 66.2% from the January 15th total of 68,280 shares. Based on an average daily volume of 27,214 shares, the days-to-cover ratio is currently 0.8 days. Approximately 0.5% of the shares of the stock are sold short. Approximately 0.5% of the shares of the stock are sold short. Based on an average daily volume of 27,214 shares, the days-to-cover ratio is currently 0.8 days.

Vanguard Russell 2000 Growth ETF Stock Down 2.4%

NASDAQ VTWG opened at $241.62 on Friday. The firm has a market cap of $1.18 billion, a PE ratio of 20.82 and a beta of 1.17. The business’s fifty day simple moving average is $245.98 and its 200-day simple moving average is $235.41. Vanguard Russell 2000 Growth ETF has a 52 week low of $160.03 and a 52 week high of $259.59.

Vanguard Russell 2000 Growth ETF Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 24th. Shareholders of record on Monday, December 22nd were given a $0.6673 dividend. The ex-dividend date was Monday, December 22nd. This represents a $2.67 annualized dividend and a yield of 1.1%.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in VTWG. Goldman Sachs Group Inc. grew its position in Vanguard Russell 2000 Growth ETF by 12.9% in the 1st quarter. Goldman Sachs Group Inc. now owns 9,012 shares of the company’s stock valued at $1,679,000 after buying an additional 1,028 shares in the last quarter. Concurrent Investment Advisors LLC raised its position in shares of Vanguard Russell 2000 Growth ETF by 7.5% during the second quarter. Concurrent Investment Advisors LLC now owns 11,939 shares of the company’s stock valued at $2,489,000 after buying an additional 832 shares during the last quarter. Rodgers & Associates LTD bought a new position in Vanguard Russell 2000 Growth ETF in the second quarter worth $238,000. Cornerstone Management Inc. acquired a new stake in Vanguard Russell 2000 Growth ETF during the second quarter valued at approximately $236,000. Finally, LJI Wealth Management LLC increased its position in shares of Vanguard Russell 2000 Growth ETF by 20.0% during the 2nd quarter. LJI Wealth Management LLC now owns 71,948 shares of the company’s stock worth $14,999,000 after purchasing an additional 12,004 shares in the last quarter.

About Vanguard Russell 2000 Growth ETF

The Vanguard Russell 2000 Growth ETF (VTWG) is an exchange-traded fund that is based on the Russell 2000 Growth index. The fund tracks an index of US small-cap growth stocks. Holdings are selected and weighted based on EPS growth estimates and historical sales growth. VTWG was launched on Sep 20, 2010 and is managed by Vanguard.