Vanguard S&P Mid-Cap 400 ETF (NYSEARCA:IVOO) Sees Large Growth in Short Interest

Vanguard S&P Mid-Cap 400 ETF (NYSEARCA:IVOO) saw a large growth in short interest in August. As of August 31st, there was short interest totaling 107,512 shares, a growth of 120.7% from the August 15th total of 48,723 shares. Based on an average daily trading volume, of 70,145 shares, the short-interest ratio is currently 1.5 days. Currently, 0.4% of the shares of the stock are short sold.

Vanguard S&P Mid-Cap 400 ETF Price Performance

Shares of NYSEARCA IVOO opened at $124.33 on Wednesday. The business has a 50-day moving average of $128.62 and a 200-day moving average of $124.48. The company has a market capitalization of $3.62 billion, a price-to-earnings ratio of 18.32 and a beta of 1.01. Vanguard S&P Mid-Cap 400 ETF has a 1-year low of $105.29 and a 1-year high of $133.14.

Hedge Funds Weigh In On Vanguard S&P Mid-Cap 400 ETF

Institutional investors have recently added to or reduced their stakes in the company. Valpey Financial Services LLC raised its holdings in Vanguard S&P Mid-Cap 400 ETF by 11,552.5% in the fourth quarter. Valpey Financial Services LLC now owns 2,304,632 shares of the company’s stock valued at $257,658,000 after acquiring an additional 2,284,854 shares in the last quarter. Goldman Sachs Group Inc. increased its position in shares of Vanguard S&P Mid-Cap 400 ETF by 2.9% in the 4th quarter. Goldman Sachs Group Inc. now owns 1,690,313 shares of the company’s stock worth $188,977,000 after purchasing an additional 47,282 shares during the last quarter. Bank of America Corp DE raised its stake in shares of Vanguard S&P Mid-Cap 400 ETF by 5.2% in the 1st quarter. Bank of America Corp DE now owns 1,397,368 shares of the company’s stock valued at $159,747,000 after purchasing an additional 69,190 shares in the last quarter. Hantz Financial Services Inc. raised its stake in shares of Vanguard S&P Mid-Cap 400 ETF by 38.3% in the 4th quarter. Hantz Financial Services Inc. now owns 1,081,311 shares of the company’s stock valued at $120,891,000 after purchasing an additional 299,175 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its position in shares of Vanguard S&P Mid-Cap 400 ETF by 15.5% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 716,227 shares of the company’s stock worth $93,396,000 after purchasing an additional 95,868 shares during the last quarter.

About Vanguard S&P Mid-Cap 400 ETF

The Vanguard S&P Mid-Cap 400 ETF (IVOO) is an exchange-traded fund that is based on the S&P Mid Cap 400 index. The fund tracks a market cap-weighted index of mid-cap US companies. IVOO was launched on Sep 9, 2010 and is managed by Vanguard.