Vanguard FTSE Europe ETF (NYSEARCA:VGK) Sees Significant Growth in Short Interest

Vanguard FTSE Europe ETF (NYSEARCA:VGK) was the target of a significant increase in short interest in January. As of January 15th, there was short interest totaling 3,248,662 shares, an increase of 91.3% from the December 31st total of 1,697,897 shares. Approximately 0.9% of the company’s stock are sold short. Based on an average trading volume of 3,338,884 shares, the days-to-cover ratio is currently 1.0 days. Based on an average trading volume of 3,338,884 shares, the days-to-cover ratio is currently 1.0 days. Approximately 0.9% of the company’s stock are sold short.

Vanguard FTSE Europe ETF Stock Down 0.9%

Shares of VGK traded down $0.82 during mid-day trading on Friday, hitting $87.50. 7,945,867 shares of the company traded hands, compared to its average volume of 3,586,119. The company has a market capitalization of $30.75 billion, a PE ratio of 16.04 and a beta of 0.93. The business has a 50 day moving average of $84.06 and a 200 day moving average of $80.92. Vanguard FTSE Europe ETF has a 1-year low of $62.02 and a 1-year high of $89.16.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of VGK. Bogart Wealth LLC grew its position in Vanguard FTSE Europe ETF by 21.1% during the fourth quarter. Bogart Wealth LLC now owns 1,406 shares of the exchange traded fund’s stock valued at $118,000 after buying an additional 245 shares during the period. DMKC Advisory Services LLC grew its holdings in shares of Vanguard FTSE Europe ETF by 119.0% during the fourth quarter. DMKC Advisory Services LLC now owns 49,598 shares of the exchange traded fund’s stock worth $4,147,000 after buying an additional 26,946 shares in the last quarter. Simplicity Wealth LLC acquired a new stake in Vanguard FTSE Europe ETF in the 4th quarter valued at about $201,000. Joel Isaacson & Co. LLC lifted its position in Vanguard FTSE Europe ETF by 3.0% during the fourth quarter. Joel Isaacson & Co. LLC now owns 5,549 shares of the exchange traded fund’s stock worth $464,000 after buying an additional 160 shares in the last quarter. Finally, Keybank National Association OH acquired a new position in shares of Vanguard FTSE Europe ETF during the 4th quarter valued at about $262,000.

Vanguard FTSE Europe ETF Company Profile

Vanguard European Stock Index Fund is an exchange-traded fund. The Fund seeks to track the performance of a benchmark index that measures the investment return of stocks issued by Companies located in the markets of Europe. The Fund on focuses indexing investment approach by investing all, or substantially all, of its assets in the common stocks included in the FTSE Developed Europe All Cap Index. The Fund’s investment advisor is The Vanguard Group, Inc