Vanguard FTSE Pacific ETF (NYSEARCA:VPL) Stock Short Interest Drops 96.5%

Vanguard FTSE Pacific ETF (NYSEARCA:VPL) was the recipient of a significant decrease in short interest during the month of October. As of October 15th, there was short interest totaling 34,512 shares, a decrease of 96.5% from the September 30th total of 990,951 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 309,881 shares, the days-to-cover ratio is presently 0.1 days.

Vanguard FTSE Pacific ETF Trading Up 0.4%

Shares of VPL traded up $0.48 on Monday, reaching $109.29. 214,193 shares of the company’s stock traded hands, compared to its average volume of 911,063. The stock has a market cap of $8.47 billion, a PE ratio of 14.65 and a beta of 0.83. Vanguard FTSE Pacific ETF has a 52-week low of $87.16 and a 52-week high of $121.23. The stock’s 50 day simple moving average is $115.03 and its two-hundred day simple moving average is $108.71.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. Mather Group LLC. acquired a new stake in shares of Vanguard FTSE Pacific ETF during the third quarter worth about $738,000,000. Angeles Investment Advisors LLC purchased a new stake in Vanguard FTSE Pacific ETF in the third quarter valued at approximately $35,066,000. Stonebridge Financial Group LLC acquired a new position in Vanguard FTSE Pacific ETF in the 2nd quarter worth approximately $28,390,000. Blue Edge Capital LLC acquired a new position in Vanguard FTSE Pacific ETF in the 2nd quarter worth approximately $16,453,000. Finally, Moller Wealth Partners acquired a new position in Vanguard FTSE Pacific ETF in the 3rd quarter worth approximately $15,317,000.

Vanguard FTSE Pacific ETF Company Profile

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).