Vanguard Financials ETF (NYSEARCA:VFH) Short Interest Down 27.5% in February

Vanguard Financials ETF (NYSEARCA:VFH) was the recipient of a large decrease in short interest during the month of February. As of February 27th, there was short interest totaling 253,297 shares, a decrease of 27.5% from the February 12th total of 349,475 shares. Approximately 0.3% of the shares of the stock are short sold. Based on an average daily trading volume, of 739,270 shares, the days-to-cover ratio is currently 0.3 days. Based on an average daily trading volume, of 739,270 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.3% of the shares of the stock are short sold.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. Steigerwald Gordon & Koch Inc. acquired a new stake in shares of Vanguard Financials ETF during the 3rd quarter worth about $27,000. Jessup Wealth Management Inc purchased a new position in shares of Vanguard Financials ETF during the fourth quarter valued at approximately $27,000. JDM Financial Group LLC purchased a new position in shares of Vanguard Financials ETF during the third quarter valued at approximately $31,000. Proathlete Wealth Management LLC boosted its position in Vanguard Financials ETF by 2,775.0% during the fourth quarter. Proathlete Wealth Management LLC now owns 230 shares of the company’s stock worth $31,000 after acquiring an additional 222 shares during the last quarter. Finally, First Horizon Corp acquired a new stake in Vanguard Financials ETF during the third quarter worth approximately $37,000. Institutional investors and hedge funds own 61.65% of the company’s stock.

Vanguard Financials ETF Price Performance

Vanguard Financials ETF stock traded up $0.99 during mid-day trading on Monday, hitting $120.22. 450,208 shares of the company were exchanged, compared to its average volume of 734,416. Vanguard Financials ETF has a 12-month low of $100.87 and a 12-month high of $137.89. The company has a market capitalization of $12.06 billion, a P/E ratio of 17.56 and a beta of 1.02. The business’s 50 day simple moving average is $129.35 and its two-hundred day simple moving average is $130.06.

About Vanguard Financials ETF

Vanguard Financials ETF (the Fund) is an exchange-traded share class of Vanguard Financials Index Fund. The Fund employs a passive management or indexing investment approach designed to track the performance of the Morgan Stanley Capital International (MSCI) US Investable Market Financials Index, an index of stocks of large, medium and small United States companies in the financials sector, as classified under the Global Industry Classification Standard (GICS). This GICS sector is made up of companies involved in activities, such as banking, mortgage finance, consumer finance, specialized finance, investment banking and brokerage, asset management and custody, corporate lending, insurance, financial investment, and real estate (including real estate investment trusts).