Short Interest in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) Increases By 110.0%

Vanguard Mega Cap Value ETF (NYSEARCA:MGV) saw a large increase in short interest during the month of July. As of July 31st, there was short interest totaling 184,727 shares, an increase of 110.0% from the July 15th total of 87,970 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average daily trading volume, of 225,650 shares, the days-to-cover ratio is currently 0.8 days.

Vanguard Mega Cap Value ETF Price Performance

Shares of MGV stock traded up $0.19 during mid-day trading on Friday, hitting $168.84. The stock had a trading volume of 175,869 shares, compared to its average volume of 260,253. The firm has a market cap of $13.62 billion, a PE ratio of 18.48 and a beta of 0.72. The company’s 50-day simple moving average is $163.61 and its 200-day simple moving average is $155.35. Vanguard Mega Cap Value ETF has a fifty-two week low of $132.74 and a fifty-two week high of $169.05.

Institutional Investors Weigh In On Vanguard Mega Cap Value ETF

A number of hedge funds have recently added to or reduced their stakes in the company. Valmark Advisers Inc. boosted its holdings in Vanguard Mega Cap Value ETF by 2.9% in the 4th quarter. Valmark Advisers Inc. now owns 2,447 shares of the company’s stock valued at $345,000 after purchasing an additional 69 shares in the last quarter. Wedbush Securities Inc. raised its stake in shares of Vanguard Mega Cap Value ETF by 3.1% during the 4th quarter. Wedbush Securities Inc. now owns 2,687 shares of the company’s stock worth $379,000 after buying an additional 80 shares in the last quarter. Visionary Wealth Advisors lifted its holdings in shares of Vanguard Mega Cap Value ETF by 1.0% in the 2nd quarter. Visionary Wealth Advisors now owns 8,107 shares of the company’s stock valued at $1,064,000 after buying an additional 82 shares during the period. SCS Capital Management LLC lifted its holdings in shares of Vanguard Mega Cap Value ETF by 1.1% in the 4th quarter. SCS Capital Management LLC now owns 7,963 shares of the company’s stock valued at $1,124,000 after buying an additional 86 shares during the period. Finally, O ROURKE & COMPANY Inc lifted its holdings in shares of Vanguard Mega Cap Value ETF by 1.4% in the 4th quarter. O ROURKE & COMPANY Inc now owns 6,296 shares of the company’s stock valued at $889,000 after buying an additional 88 shares during the period.

Vanguard Mega Cap Value ETF Company Profile

Vanguard Mega Cap Value ETF, formerly Vanguard Mega Cap 300 Value Index ETF, seeks to track the performance of a benchmark index that measures the investment return of the largest-capitalization value stocks in the United States. The Fund employs a passive management or indexing investment approach designed to track the performance of the Morgan Stanley Capital International (MSCI) US Large-Cap Value Index, which represents the value companies of the MSCI US Large-Cap 300 Index. The Fund will invest at least 80% of its assets in the stocks that make up its target Index.