Vanguard Mega Cap ETF (NYSEARCA:MGC) Short Interest Down 51.8% in June

Vanguard Mega Cap ETF (NYSEARCA:MGC) saw a significant decline in short interest during the month of June. As of June 30th, there was short interest totaling 14,811 shares, a decline of 51.8% from the June 15th total of 30,718 shares. Based on an average daily volume of 107,364 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are sold short.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the company. National Wealth Management Group LLC lifted its position in Vanguard Mega Cap ETF by 2.6% during the fourth quarter. National Wealth Management Group LLC now owns 1,568 shares of the company’s stock valued at $394,000 after acquiring an additional 40 shares during the last quarter. Brooklyn FI LLC grew its holdings in Vanguard Mega Cap ETF by 0.7% in the fourth quarter. Brooklyn FI LLC now owns 6,453 shares of the company’s stock worth $1,621,000 after purchasing an additional 42 shares during the last quarter. Pinnacle Financial Partners Inc. grew its holdings in Vanguard Mega Cap ETF by 1.4% in the third quarter. Pinnacle Financial Partners Inc. now owns 3,089 shares of the company’s stock worth $754,000 after purchasing an additional 42 shares during the last quarter. Keystone Financial Group grew its holdings in Vanguard Mega Cap ETF by 2.8% in the third quarter. Keystone Financial Group now owns 1,666 shares of the company’s stock worth $407,000 after purchasing an additional 46 shares during the last quarter. Finally, Whipplewood Advisors LLC increased its position in shares of Vanguard Mega Cap ETF by 1.4% during the first quarter. Whipplewood Advisors LLC now owns 3,327 shares of the company’s stock worth $786,000 after purchasing an additional 47 shares in the last quarter.

Vanguard Mega Cap ETF Stock Performance

Shares of Vanguard Mega Cap ETF stock opened at $274.27 on Tuesday. The company has a market capitalization of $10.03 billion, a PE ratio of 26.06 and a beta of 1.01. The company has a 50-day simple moving average of $272.97 and a two-hundred day simple moving average of $257.80. Vanguard Mega Cap ETF has a one year low of $225.44 and a one year high of $280.10.

About Vanguard Mega Cap ETF

The Vanguard Mega Cap ETF (MGC) is an exchange-traded fund that is based on the CRSP US Mega Cap index, a market-cap-weighted index that covers 70% of the market capitalization of the US equity market. MGC was launched on Dec 24, 2007 and is managed by Vanguard.