Vanguard Communication Services ETF (NYSEARCA:VOX) Short Interest Down 35.6% in August

Vanguard Communication Services ETF (NYSEARCA:VOX) saw a significant decrease in short interest in August. As of August 14th, there was short interest totaling 147,027 shares, a decrease of 35.6% from the July 30th total of 228,470 shares. Approximately 0.5% of the company’s stock are short sold. Based on an average daily volume of 229,753 shares, the short-interest ratio is currently 0.6 days.

Vanguard Communication Services ETF Stock Performance

Shares of VOX stock traded up $3.19 on Wednesday, reaching $188.70. 59,632 shares of the company’s stock traded hands, compared to its average volume of 257,402. Vanguard Communication Services ETF has a 12-month low of $172.37 and a 12-month high of $200.77. The company has a market capitalization of $5.80 billion, a P/E ratio of 18.46 and a beta of 1.05. The business’s 50 day moving average price is $186.51 and its two-hundred day moving average price is $188.90.

Hedge Funds Weigh In On Vanguard Communication Services ETF

Several institutional investors and hedge funds have recently bought and sold shares of VOX. Bank of America Corp DE increased its holdings in shares of Vanguard Communication Services ETF by 12.7% during the 1st quarter. Bank of America Corp DE now owns 2,022,457 shares of the company’s stock valued at $363,719,000 after acquiring an additional 227,574 shares during the last quarter. PGIM Custom Harvest LLC lifted its holdings in Vanguard Communication Services ETF by 1.6% in the 3rd quarter. PGIM Custom Harvest LLC now owns 1,998,409 shares of the company’s stock worth $375,161,000 after purchasing an additional 31,530 shares during the last quarter. Morgan Stanley boosted its position in Vanguard Communication Services ETF by 0.9% during the fourth quarter. Morgan Stanley now owns 1,072,900 shares of the company’s stock worth $207,746,000 after purchasing an additional 9,795 shares during the period. Goldman Sachs Group Inc. grew its holdings in Vanguard Communication Services ETF by 489.4% during the fourth quarter. Goldman Sachs Group Inc. now owns 674,664 shares of the company’s stock valued at $130,635,000 after purchasing an additional 560,204 shares during the last quarter. Finally, LPL Financial LLC grew its holdings in Vanguard Communication Services ETF by 2.7% during the fourth quarter. LPL Financial LLC now owns 422,194 shares of the company’s stock valued at $81,749,000 after purchasing an additional 11,200 shares during the last quarter.

Vanguard Communication Services ETF Company Profile

Vanguard Telecommunication Services ETF (the Fund) seeks to track the performance of a benchmark index that measures the investment return of telecommunication services stocks. The Fund seeks to track the performance of the MSCI US Investable Market Telecommunication Services 25/50 Index. The MSCI US Investable Market Telecommunication Services 25/50 Index includes stocks of the United States companies within the telecommunication services sector. The sector is made up of companies that provide communications services primarily through fixed-line, cellular, wireless, high-bandwidth, and/or fiber-optic cable networks.