Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG) Sees Large Growth in Short Interest

Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG) was the target of a large increase in short interest in May. As of May 15th, there was short interest totaling 21,473 shares, an increase of 136.0% from the April 30th total of 9,097 shares. Based on an average daily volume of 16,959 shares, the short-interest ratio is presently 1.3 days. Currently, 0.4% of the shares of the stock are short sold.

Vanguard Russell 2000 Growth ETF Stock Down 0.4%

Shares of VTWG opened at $278.15 on Friday. Vanguard Russell 2000 Growth ETF has a 12-month low of $195.00 and a 12-month high of $280.16. The business has a 50-day simple moving average of $253.79 and a two-hundred day simple moving average of $246.09. The stock has a market cap of $1.44 billion, a PE ratio of 20.82 and a beta of 1.20.

Vanguard Russell 2000 Growth ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Tuesday, March 24th were given a dividend of $0.3241 per share. This represents a $1.30 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date was Tuesday, March 24th.

Hedge Funds Weigh In On Vanguard Russell 2000 Growth ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Western Wealth Management LLC acquired a new position in shares of Vanguard Russell 2000 Growth ETF in the first quarter worth approximately $44,000. Royal Bank of Canada lifted its stake in shares of Vanguard Russell 2000 Growth ETF by 60.3% in the first quarter. Royal Bank of Canada now owns 28,675 shares of the company’s stock worth $6,568,000 after acquiring an additional 10,790 shares during the period. Quantinno Capital Management LP lifted its stake in shares of Vanguard Russell 2000 Growth ETF by 44.9% in the first quarter. Quantinno Capital Management LP now owns 1,884 shares of the company’s stock worth $432,000 after acquiring an additional 584 shares during the period. Cetera Investment Advisers lifted its stake in shares of Vanguard Russell 2000 Growth ETF by 1.5% in the first quarter. Cetera Investment Advisers now owns 38,082 shares of the company’s stock worth $8,722,000 after acquiring an additional 562 shares during the period. Finally, Assetmark Inc. lifted its stake in shares of Vanguard Russell 2000 Growth ETF by 0.4% in the first quarter. Assetmark Inc. now owns 114,799 shares of the company’s stock worth $26,293,000 after acquiring an additional 440 shares during the period.

Vanguard Russell 2000 Growth ETF Company Profile

The Vanguard Russell 2000 Growth ETF (VTWG) is an exchange-traded fund that is based on the Russell 2000 Growth index. The fund tracks an index of US small-cap growth stocks. Holdings are selected and weighted based on EPS growth estimates and historical sales growth. VTWG was launched on Sep 20, 2010 and is managed by Vanguard.