Vanguard Industrials ETF (NYSEARCA:VIS) Sees Significant Decline in Short Interest

Vanguard Industrials ETF (NYSEARCA:VIS) was the target of a large drop in short interest in January. As of January 30th, there was short interest totaling 146,401 shares, a drop of 31.4% from the January 15th total of 213,472 shares. Currently, 0.7% of the shares of the stock are sold short. Based on an average daily volume of 80,387 shares, the days-to-cover ratio is currently 1.8 days. Based on an average daily volume of 80,387 shares, the days-to-cover ratio is currently 1.8 days. Currently, 0.7% of the shares of the stock are sold short.

Vanguard Industrials ETF Trading Up 0.8%

NYSEARCA VIS traded up $2.80 during trading hours on Friday, reaching $337.03. 109,637 shares of the company’s stock were exchanged, compared to its average volume of 97,381. The firm has a fifty day moving average of $314.30 and a 200-day moving average of $300.54. The stock has a market cap of $7.18 billion, a PE ratio of 23.72 and a beta of 1.11. Vanguard Industrials ETF has a one year low of $213.26 and a one year high of $345.03.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Hilton Head Capital Partners LLC acquired a new position in Vanguard Industrials ETF in the fourth quarter valued at approximately $25,000. Empowered Funds LLC acquired a new position in Vanguard Industrials ETF in the fourth quarter valued at about $26,000. Caldwell Trust Co bought a new position in Vanguard Industrials ETF during the second quarter worth about $38,000. Front Row Advisors LLC grew its position in shares of Vanguard Industrials ETF by 40.0% during the 2nd quarter. Front Row Advisors LLC now owns 140 shares of the company’s stock worth $39,000 after buying an additional 40 shares during the period. Finally, Atlantic Union Bankshares Corp bought a new stake in shares of Vanguard Industrials ETF in the 2nd quarter valued at about $40,000.

About Vanguard Industrials ETF

Vanguard Industrials ETF (the Fund) seeks to track the investment performance of the MSCI US Investable Market Industrials 25/50 Index, a benchmark of large-, mid-, and small-cap United States stocks in the industrials sector, as classified under the Global Industry Classification Standard (GICS). This GICS sector is made up of companies whose businesses are dominated by one of the following activities, the manufacture and distribution of capital goods (including aerospace and defense, construction, engineering and building products, electrical equipment, and industrial machinery); the provision of commercial services and supplies (including printing, employment, environmental, and office services); or the provision of transportation services (including airlines, couriers, marine, road and rail, and transportation infrastructure).