Short Interest in Vanguard Consumer Staples ETF (NYSEARCA:VDC) Rises By 90.3%

Vanguard Consumer Staples ETF (NYSEARCA:VDC) saw a large increase in short interest in the month of June. As of June 30th, there was short interest totaling 207,593 shares, an increase of 90.3% from the June 15th total of 109,093 shares. Based on an average daily volume of 152,363 shares, the short-interest ratio is presently 1.4 days. Currently, 0.6% of the company’s shares are sold short.

Hedge Funds Weigh In On Vanguard Consumer Staples ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. JFS Wealth Advisors LLC bought a new stake in shares of Vanguard Consumer Staples ETF during the 2nd quarter valued at $25,000. Curio Wealth LLC acquired a new stake in shares of Vanguard Consumer Staples ETF during the fourth quarter worth $27,000. Howe & Rusling Inc. grew its stake in shares of Vanguard Consumer Staples ETF by 137.0% during the first quarter. Howe & Rusling Inc. now owns 128 shares of the company’s stock worth $29,000 after purchasing an additional 74 shares during the period. MBM Wealth Consultants LLC bought a new stake in Vanguard Consumer Staples ETF in the first quarter valued at about $30,000. Finally, Godfrey Financial Associates Inc. bought a new stake in Vanguard Consumer Staples ETF in the fourth quarter valued at about $31,000.

Vanguard Consumer Staples ETF Trading Down 0.9%

Shares of NYSEARCA VDC opened at $230.32 on Friday. The firm has a market capitalization of $7.96 billion, a PE ratio of 22.76 and a beta of 0.50. Vanguard Consumer Staples ETF has a 1 year low of $205.45 and a 1 year high of $244.33. The firm’s 50-day moving average is $228.37 and its 200-day moving average is $228.02.

About Vanguard Consumer Staples ETF

Vanguard Consumer Staples ETF (the Fund) is an exchange-traded share class of Vanguard Consumer Staples Index Fund, which seeks to track the investment performance of the MSCI US Investable Market Consumer Staples 25/50 Index, a benchmark of large-, mid-, and small-cap United States stocks in the consumer staples sector, as classified under the Global Industry Classification Standard (GICS). This GICS sector is made up of companies whose businesses are less sensitive to economic cycles. It includes manufacturers and distributors of food, beverages, and tobacco, as well as producers of nondurable household goods and personal products.