Vanguard Financials ETF (NYSEARCA:VFH) Short Interest Update

Vanguard Financials ETF (NYSEARCA:VFH) was the target of a large drop in short interest in April. As of April 15th, there was short interest totaling 300,583 shares, a drop of 33.7% from the March 31st total of 453,473 shares. Currently, 0.3% of the shares of the stock are sold short. Based on an average daily volume of 900,019 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Investors Weigh In On Vanguard Financials ETF

Hedge funds have recently made changes to their positions in the company. Steigerwald Gordon & Koch Inc. acquired a new stake in shares of Vanguard Financials ETF during the 3rd quarter worth about $27,000. Jessup Wealth Management Inc acquired a new stake in shares of Vanguard Financials ETF during the 4th quarter worth about $27,000. JDM Financial Group LLC acquired a new stake in shares of Vanguard Financials ETF during the 3rd quarter worth about $31,000. Proathlete Wealth Management LLC increased its position in shares of Vanguard Financials ETF by 2,775.0% during the 4th quarter. Proathlete Wealth Management LLC now owns 230 shares of the company’s stock worth $31,000 after purchasing an additional 222 shares in the last quarter. Finally, First Horizon Corp acquired a new stake in shares of Vanguard Financials ETF during the 3rd quarter worth about $37,000. Institutional investors and hedge funds own 61.65% of the company’s stock.

Vanguard Financials ETF Trading Up 0.5%

Shares of Vanguard Financials ETF stock traded up $0.66 during mid-day trading on Thursday, reaching $128.20. 627,160 shares of the stock were exchanged, compared to its average volume of 749,090. The company has a market cap of $13.03 billion, a price-to-earnings ratio of 17.56 and a beta of 0.96. The firm has a 50-day simple moving average of $124.01 and a 200 day simple moving average of $128.37. Vanguard Financials ETF has a fifty-two week low of $116.10 and a fifty-two week high of $137.89.

Vanguard Financials ETF Company Profile

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).