Short Interest in Vanguard Growth ETF (NYSEARCA:VUG) Drops By 25.5%

Vanguard Growth ETF (NYSEARCA:VUG) was the target of a significant decline in short interest during the month of December. As of December 15th, there was short interest totaling 294,055 shares, a decline of 25.5% from the November 30th total of 394,833 shares. Based on an average daily volume of 962,306 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.1% of the company’s stock are short sold. Approximately 0.1% of the company’s stock are short sold. Based on an average daily volume of 962,306 shares, the days-to-cover ratio is presently 0.3 days.

Vanguard Growth ETF Stock Performance

Shares of NYSEARCA VUG traded down $0.85 during trading on Tuesday, hitting $491.69. The company had a trading volume of 783,236 shares, compared to its average volume of 1,247,252. The firm has a market capitalization of $199.59 billion, a P/E ratio of 36.22 and a beta of 1.17. Vanguard Growth ETF has a 12 month low of $316.14 and a 12 month high of $505.38. The stock has a 50 day simple moving average of $488.72 and a 200 day simple moving average of $468.44.

Hedge Funds Weigh In On Vanguard Growth ETF

Hedge funds and other institutional investors have recently bought and sold shares of the business. Triumph Capital Management acquired a new stake in shares of Vanguard Growth ETF in the third quarter valued at $96,000. PMG Family Office LLC purchased a new stake in Vanguard Growth ETF during the third quarter worth about $246,000. Financial Symmetry Inc purchased a new stake in Vanguard Growth ETF during the third quarter worth about $281,000. Keel Point LLC lifted its position in shares of Vanguard Growth ETF by 1.7% during the third quarter. Keel Point LLC now owns 8,372 shares of the company’s stock worth $4,015,000 after purchasing an additional 140 shares in the last quarter. Finally, FNY Investment Advisers LLC purchased a new position in shares of Vanguard Growth ETF in the third quarter valued at approximately $143,000.

About Vanguard Growth ETF

Vanguard Growth Index Fund, formerly Vanguard Growth ETF, is an exchange-traded share class of Vanguard Growth Index Fund, which employs a passive management or indexing investment approach designed to track the performance of the MSCI US Prime Market Growth Index (the Index). The Index is a diversified index of growth stocks of large United States companies. The Index represents the growth companies of the MSCI US Prime Market 750 Index. The MSCI US Prime Market 750 Index represents the universe of large-capitalization companies in the United States equity market.