Short Interest in Vanguard FTSE Pacific ETF (NYSEARCA:VPL) Drops By 98.9%

Vanguard FTSE Pacific ETF (NYSEARCA:VPL) was the target of a large drop in short interest in March. As of March 13th, there was short interest totaling 14,065 shares, a drop of 98.9% from the February 26th total of 1,301,946 shares. Based on an average daily volume of 2,976,988 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are sold short. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 2,976,988 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in VPL. Rockefeller Capital Management L.P. boosted its stake in Vanguard FTSE Pacific ETF by 3.1% in the fourth quarter. Rockefeller Capital Management L.P. now owns 120,928 shares of the company’s stock valued at $10,932,000 after acquiring an additional 3,604 shares in the last quarter. Corient Private Wealth LLC lifted its holdings in shares of Vanguard FTSE Pacific ETF by 4.8% in the 4th quarter. Corient Private Wealth LLC now owns 117,397 shares of the company’s stock valued at $10,613,000 after purchasing an additional 5,399 shares during the last quarter. Catalyst Investment Management LLC purchased a new stake in shares of Vanguard FTSE Pacific ETF in the 4th quarter valued at about $322,000. Compound Planning Inc. boosted its position in shares of Vanguard FTSE Pacific ETF by 4.3% in the 4th quarter. Compound Planning Inc. now owns 6,374 shares of the company’s stock valued at $576,000 after purchasing an additional 260 shares during the period. Finally, Jacobs Equity LLC acquired a new stake in shares of Vanguard FTSE Pacific ETF in the 4th quarter valued at about $3,998,000.

Vanguard FTSE Pacific ETF Trading Up 1.2%

Shares of VPL stock traded up $1.18 on Wednesday, reaching $98.71. 1,176,522 shares of the stock were exchanged, compared to its average volume of 1,848,894. The business’s 50 day moving average price is $101.13 and its 200 day moving average price is $94.16. The company has a market capitalization of $9.13 billion, a price-to-earnings ratio of 14.65 and a beta of 0.77. Vanguard FTSE Pacific ETF has a twelve month low of $64.21 and a twelve month high of $109.36.

About Vanguard FTSE Pacific ETF

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).