Short Interest in Vanguard FTSE Pacific ETF (NYSEARCA:VPL) Decreases By 19.7%

Vanguard FTSE Pacific ETF (NYSEARCA:VPL) was the target of a large drop in short interest during the month of December. As of December 15th, there was short interest totaling 161,754 shares, a drop of 19.7% from the November 30th total of 201,341 shares. Currently, 0.2% of the company’s shares are short sold. Based on an average daily trading volume, of 502,912 shares, the short-interest ratio is presently 0.3 days. Based on an average daily trading volume, of 502,912 shares, the short-interest ratio is presently 0.3 days. Currently, 0.2% of the company’s shares are short sold.

Vanguard FTSE Pacific ETF Price Performance

VPL traded down $0.43 during trading hours on Wednesday, reaching $90.52. The company’s stock had a trading volume of 1,081,159 shares, compared to its average volume of 708,932. The stock has a market cap of $8.16 billion, a PE ratio of 14.65 and a beta of 0.77. Vanguard FTSE Pacific ETF has a fifty-two week low of $64.21 and a fifty-two week high of $92.88. The business’s 50-day moving average is $90.84 and its 200-day moving average is $87.20.

Hedge Funds Weigh In On Vanguard FTSE Pacific ETF

A number of hedge funds have recently modified their holdings of the business. Smartleaf Asset Management LLC boosted its stake in Vanguard FTSE Pacific ETF by 37.6% during the third quarter. Smartleaf Asset Management LLC now owns 443 shares of the company’s stock worth $39,000 after buying an additional 121 shares during the period. Brown Advisory Inc. boosted its position in shares of Vanguard FTSE Pacific ETF by 2.0% during the 2nd quarter. Brown Advisory Inc. now owns 6,404 shares of the company’s stock worth $526,000 after purchasing an additional 125 shares during the period. Rebalance LLC boosted its position in shares of Vanguard FTSE Pacific ETF by 0.7% during the 3rd quarter. Rebalance LLC now owns 19,176 shares of the company’s stock worth $1,684,000 after purchasing an additional 130 shares during the period. Fiduciary Financial Group LLC increased its holdings in Vanguard FTSE Pacific ETF by 1.2% in the 2nd quarter. Fiduciary Financial Group LLC now owns 11,568 shares of the company’s stock valued at $948,000 after purchasing an additional 140 shares during the last quarter. Finally, Ascent Group LLC raised its position in Vanguard FTSE Pacific ETF by 2.6% in the third quarter. Ascent Group LLC now owns 6,098 shares of the company’s stock valued at $536,000 after purchasing an additional 157 shares during the period.

About Vanguard FTSE Pacific ETF

Vanguard FTSE Pacific ETF, formerly Vanguard MSCI Pacific ETF, is an exchange-traded share class of Vanguard Pacific Stock Index Fund. The Fund seeks to track the investment performance of the MSCI Pacific Index that consists of common stocks of companies located in Japan, Australia, Hong Kong, New Zealand and Singapore. The Fund employs a passive management or indexing investment approach by investing all, or substantially all, of its assets in the common stocks included in the MSCI Pacific Index (the Index).