Vanguard FTSE Pacific ETF (NYSEARCA:VPL) Sees Large Drop in Short Interest

Vanguard FTSE Pacific ETF (NYSEARCA:VPL) saw a large decline in short interest during the month of July. As of July 15th, there was short interest totaling 36,829 shares, a decline of 44.1% from the June 30th total of 65,916 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 514,774 shares, the short-interest ratio is presently 0.1 days.

Vanguard FTSE Pacific ETF Price Performance

Vanguard FTSE Pacific ETF stock traded up $5.20 during mid-day trading on Thursday, reaching $110.11. 479,001 shares of the company traded hands, compared to its average volume of 1,143,824. The firm’s fifty day moving average is $113.30 and its two-hundred day moving average is $106.46. The company has a market capitalization of $8.16 billion, a price-to-earnings ratio of 14.65 and a beta of 0.80. Vanguard FTSE Pacific ETF has a fifty-two week low of $81.42 and a fifty-two week high of $121.23.

Institutional Trading of Vanguard FTSE Pacific ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in VPL. Focus Partners Wealth purchased a new position in shares of Vanguard FTSE Pacific ETF in the first quarter worth about $688,000. First Trust Advisors LP raised its position in Vanguard FTSE Pacific ETF by 2.0% during the 2nd quarter. First Trust Advisors LP now owns 32,447 shares of the company’s stock worth $2,666,000 after buying an additional 622 shares during the last quarter. Brown Advisory Inc. lifted its stake in Vanguard FTSE Pacific ETF by 2.0% during the 2nd quarter. Brown Advisory Inc. now owns 6,404 shares of the company’s stock valued at $526,000 after acquiring an additional 125 shares during the period. Qube Research & Technologies Ltd boosted its holdings in shares of Vanguard FTSE Pacific ETF by 679.6% in the 2nd quarter. Qube Research & Technologies Ltd now owns 1,185 shares of the company’s stock valued at $97,000 after acquiring an additional 1,033 shares during the last quarter. Finally, NewEdge Advisors LLC increased its stake in shares of Vanguard FTSE Pacific ETF by 24.8% in the second quarter. NewEdge Advisors LLC now owns 62,910 shares of the company’s stock worth $5,170,000 after acquiring an additional 12,515 shares during the period.

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).