Vanguard S&P Mid-Cap 400 Value ETF (NYSEARCA:IVOV) Short Interest Down 42.8% in May

Vanguard S&P Mid-Cap 400 Value ETF (NYSEARCA:IVOV) was the recipient of a significant decline in short interest in the month of May. As of May 15th, there was short interest totaling 26,536 shares, a decline of 42.8% from the April 30th total of 46,426 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average daily volume of 23,089 shares, the days-to-cover ratio is currently 1.1 days.

Vanguard S&P Mid-Cap 400 Value ETF Trading Up 1.1%

Shares of IVOV traded up $1.17 during trading hours on Tuesday, reaching $110.40. 7,162 shares of the company traded hands, compared to its average volume of 25,276. The firm has a market cap of $1.29 billion, a price-to-earnings ratio of 15.67 and a beta of 0.99. Vanguard S&P Mid-Cap 400 Value ETF has a 12-month low of $91.35 and a 12-month high of $110.89. The stock’s fifty day moving average price is $106.45 and its 200 day moving average price is $105.01.

Institutional Trading of Vanguard S&P Mid-Cap 400 Value ETF

A number of large investors have recently made changes to their positions in IVOV. Smartleaf Asset Management LLC purchased a new stake in shares of Vanguard S&P Mid-Cap 400 Value ETF during the fourth quarter valued at $34,000. Assetmark Inc. boosted its stake in shares of Vanguard S&P Mid-Cap 400 Value ETF by 65.6% during the fourth quarter. Assetmark Inc. now owns 346 shares of the company’s stock valued at $35,000 after purchasing an additional 137 shares during the period. Sound Income Strategies LLC purchased a new stake in shares of Vanguard S&P Mid-Cap 400 Value ETF during the fourth quarter valued at $37,000. Geneos Wealth Management Inc. raised its holdings in shares of Vanguard S&P Mid-Cap 400 Value ETF by 100.0% in the second quarter. Geneos Wealth Management Inc. now owns 448 shares of the company’s stock valued at $43,000 after acquiring an additional 224 shares in the last quarter. Finally, Flagship Harbor Advisors LLC bought a new stake in shares of Vanguard S&P Mid-Cap 400 Value ETF in the fourth quarter valued at about $112,000.

About Vanguard S&P Mid-Cap 400 Value ETF

The Vanguard S&P Mid-Cap 400 Value ETF (IVOV) is an exchange-traded fund that is based on the S&P Mid Cap 400 Value index. The fund tracks an index of value-style securities from the Committee-selected S&P mid-cap 400. IVOV was launched on Sep 9, 2010 and is managed by Vanguard.