Vanguard Financials ETF (NYSEARCA:VFH) Sees Large Drop in Short Interest

Vanguard Financials ETF (NYSEARCA:VFH) was the target of a large decrease in short interest during the month of July. As of July 31st, there was short interest totaling 174,017 shares, a decrease of 42.3% from the July 15th total of 301,613 shares. Based on an average daily trading volume, of 433,328 shares, the short-interest ratio is currently 0.4 days. Currently, 0.2% of the shares of the company are sold short.

Institutional Investors Weigh In On Vanguard Financials ETF

A number of large investors have recently added to or reduced their stakes in the stock. Jane Street Group LLC lifted its holdings in shares of Vanguard Financials ETF by 124.9% during the 1st quarter. Jane Street Group LLC now owns 9,345 shares of the company’s stock worth $1,116,000 after acquiring an additional 5,190 shares during the period. Focus Partners Wealth raised its position in Vanguard Financials ETF by 10.5% during the first quarter. Focus Partners Wealth now owns 7,821 shares of the company’s stock valued at $934,000 after purchasing an additional 743 shares in the last quarter. Brown Advisory Inc. lifted its stake in Vanguard Financials ETF by 8.8% during the second quarter. Brown Advisory Inc. now owns 6,664 shares of the company’s stock worth $848,000 after purchasing an additional 540 shares during the last quarter. Cerity Partners LLC lifted its stake in Vanguard Financials ETF by 8.4% during the second quarter. Cerity Partners LLC now owns 22,736 shares of the company’s stock worth $2,894,000 after purchasing an additional 1,759 shares during the last quarter. Finally, Qube Research & Technologies Ltd lifted its stake in Vanguard Financials ETF by 1,765.2% during the second quarter. Qube Research & Technologies Ltd now owns 9,587 shares of the company’s stock worth $1,220,000 after purchasing an additional 9,073 shares during the last quarter. Institutional investors and hedge funds own 61.65% of the company’s stock.

Vanguard Financials ETF Stock Up 0.4%

Shares of Vanguard Financials ETF stock traded up $0.60 on Wednesday, hitting $142.16. The stock had a trading volume of 74,630 shares, compared to its average volume of 637,891. The stock has a market cap of $13.77 billion, a price-to-earnings ratio of 17.56 and a beta of 0.90. Vanguard Financials ETF has a twelve month low of $116.67 and a twelve month high of $143.01. The business’s 50 day moving average is $136.64 and its two-hundred day moving average is $129.61.

About Vanguard Financials ETF

Vanguard Financials ETF (the Fund) is an exchange-traded share class of Vanguard Financials Index Fund. The Fund employs a passive management or indexing investment approach designed to track the performance of the Morgan Stanley Capital International (MSCI) US Investable Market Financials Index, an index of stocks of large, medium and small United States companies in the financials sector, as classified under the Global Industry Classification Standard (GICS). This GICS sector is made up of companies involved in activities, such as banking, mortgage finance, consumer finance, specialized finance, investment banking and brokerage, asset management and custody, corporate lending, insurance, financial investment, and real estate (including real estate investment trusts).