Vanguard Energy ETF (NYSEARCA:VDE) Sees Large Decrease in Short Interest

Vanguard Energy ETF (NYSEARCA:VDE) was the target of a significant decline in short interest in the month of June. As of June 30th, there was short interest totaling 132,485 shares, a decline of 50.1% from the June 15th total of 265,632 shares. Based on an average trading volume of 855,149 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.2% of the shares of the company are short sold.

Vanguard Energy ETF Stock Up 1.3%

NYSEARCA VDE traded up $2.02 during trading hours on Friday, hitting $162.78. 435,829 shares of the stock were exchanged, compared to its average volume of 957,134. The company has a market cap of $9.76 billion, a price-to-earnings ratio of 14.10 and a beta of 0.43. Vanguard Energy ETF has a 12-month low of $118.17 and a 12-month high of $179.34. The stock has a 50-day moving average of $159.50 and a 200 day moving average of $155.47.

Hedge Funds Weigh In On Vanguard Energy ETF

A number of large investors have recently modified their holdings of the business. Thurston Springer Miller Herd & Titak Inc. grew its holdings in Vanguard Energy ETF by 330.0% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 215 shares of the company’s stock worth $27,000 after acquiring an additional 165 shares during the period. SouthState Bank Corp acquired a new stake in Vanguard Energy ETF in the fourth quarter valued at $27,000. Strive Financial Group LLC purchased a new stake in shares of Vanguard Energy ETF during the 4th quarter worth $31,000. Godfrey Financial Associates Inc. purchased a new stake in shares of Vanguard Energy ETF during the 4th quarter worth $33,000. Finally, Matrix Private Capital Group LLC acquired a new position in shares of Vanguard Energy ETF during the 1st quarter worth $33,000.

About Vanguard Energy ETF

Vanguard Energy ETF (the Fund) is an exchange-traded share class of Vanguard Energy 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 Energy Index (the Index), an index of stocks of large, medium and small United States companies in the energy sector, as classified under the Global Industry Classification Standard (GICS). This GICS sector is made up of companies whose businesses are dominated by activities, such as the construction or provision of oil rigs, drilling equipment, and other energy-related service and equipment (such as seismic data collection), or companies engaged in the exploration, production, marketing, refining, and/or transportation of oil and gas products.