Short Interest in Vanguard S&P Mid-Cap 400 Growth ETF (NYSEARCA:IVOG) Grows By 65.8%

Vanguard S&P Mid-Cap 400 Growth ETF (NYSEARCA:IVOG) saw a large growth in short interest in the month of August. As of August 14th, there was short interest totaling 24,962 shares, a growth of 65.8% from the July 30th total of 15,054 shares. Based on an average trading volume of 34,369 shares, the days-to-cover ratio is currently 0.7 days. Approximately 0.2% of the shares of the company are sold short.

Vanguard S&P Mid-Cap 400 Growth ETF Trading Down 1.4%

IVOG stock traded down $1.95 during midday trading on Tuesday, hitting $139.03. The stock had a trading volume of 17,377 shares, compared to its average volume of 29,341. Vanguard S&P Mid-Cap 400 Growth ETF has a 52 week low of $113.78 and a 52 week high of $148.72. The stock has a 50-day simple moving average of $142.98 and a 200 day simple moving average of $137.11. The firm has a market capitalization of $1.61 billion, a price-to-earnings ratio of 21.73 and a beta of 1.06.

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

Several institutional investors have recently made changes to their positions in IVOG. North Star Investment Management Corp. lifted its stake in Vanguard S&P Mid-Cap 400 Growth ETF by 112.7% during the first quarter. North Star Investment Management Corp. now owns 217 shares of the company’s stock worth $27,000 after purchasing an additional 115 shares during the period. Garner Asset Management Corp bought a new stake in shares of Vanguard S&P Mid-Cap 400 Growth ETF in the 4th quarter valued at approximately $35,000. BOKF NA acquired a new position in shares of Vanguard S&P Mid-Cap 400 Growth ETF in the 4th quarter worth approximately $49,000. Arax Advisory Partners acquired a new position in shares of Vanguard S&P Mid-Cap 400 Growth ETF in the 4th quarter worth approximately $72,000. Finally, International Assets Investment Management LLC lifted its position in shares of Vanguard S&P Mid-Cap 400 Growth ETF by 304.6% during the 1st quarter. International Assets Investment Management LLC now owns 704 shares of the company’s stock worth $89,000 after buying an additional 530 shares during the period.

About Vanguard S&P Mid-Cap 400 Growth ETF

The Vanguard S&P Mid-Cap 400 Growth ETF (IVOG) is an exchange-traded fund that is based on the S&P Mid Cap 400 Growth index, a market-cap-weighted index of growth companies curated from the S&P 400. IVOG was launched on Sep 9, 2010 and is managed by Vanguard.