Vanguard Growth ETF (NYSEARCA:VUG) Sees Significant Increase in Short Interest

Vanguard Growth ETF (NYSEARCA:VUG) was the target of a significant increase in short interest in April. As of April 30th, there was short interest totaling 2,883,194 shares, an increase of 566.8% from the April 15th total of 432,392 shares. Based on an average trading volume of 6,603,536 shares, the short-interest ratio is presently 0.4 days. Currently, 0.7% of the company’s stock are short sold.

Hedge Funds Weigh In On Vanguard Growth ETF

A number of hedge funds have recently added to or reduced their stakes in the company. DecisionPoint Financial LLC grew its holdings in Vanguard Growth ETF by 116.0% during the fourth quarter. DecisionPoint Financial LLC now owns 54 shares of the company’s stock valued at $26,000 after purchasing an additional 29 shares during the last quarter. Turning Point Benefit Group Inc. bought a new stake in shares of Vanguard Growth ETF during the 3rd quarter worth $26,000. Byrne Asset Management LLC grew its stake in Vanguard Growth ETF by 520.0% in the 4th quarter. Byrne Asset Management LLC now owns 62 shares of the company’s stock valued at $30,000 after buying an additional 52 shares during the last quarter. Team Financial Group LLC raised its holdings in Vanguard Growth ETF by 366.7% in the 4th quarter. Team Financial Group LLC now owns 70 shares of the company’s stock worth $34,000 after acquiring an additional 55 shares during the period. Finally, Strategic Wealth Advisors LLC acquired a new position in Vanguard Growth ETF during the 4th quarter worth $35,000.

Vanguard Growth ETF Trading Down 0.3%

NYSEARCA VUG traded down $0.25 on Tuesday, reaching $86.56. The stock had a trading volume of 6,368,668 shares, compared to its average volume of 10,119,646. Vanguard Growth ETF has a 1 year low of $66.98 and a 1 year high of $87.24. The business has a 50 day moving average price of $78.02 and a 200 day moving average price of $79.67. The company has a market capitalization of $36.77 billion, a price-to-earnings ratio of 36.22 and a beta of 1.22.

Vanguard Growth ETF Company Profile

Vanguard Growth Index Fund, formerly Vanguard Growth ETF, is an exchange-traded share class of Vanguard Growth Index Fund, which employs a passive management or indexing investment approach designed to track the performance of the MSCI US Prime Market Growth Index (the Index). The Index is a diversified index of growth stocks of large United States companies. The Index represents the growth companies of the MSCI US Prime Market 750 Index. The MSCI US Prime Market 750 Index represents the universe of large-capitalization companies in the United States equity market.