Vanguard Health Care ETF (NYSEARCA:VHT) Sees Significant Drop in Short Interest

Vanguard Health Care ETF (NYSEARCA:VHT) was the recipient of a large drop in short interest in the month of December. As of December 31st, there was short interest totaling 154,405 shares, a drop of 20.8% from the December 15th total of 194,847 shares. Based on an average trading volume of 311,791 shares, the short-interest ratio is currently 0.5 days. Approximately 0.3% of the shares of the stock are sold short. Approximately 0.3% of the shares of the stock are sold short. Based on an average trading volume of 311,791 shares, the short-interest ratio is currently 0.5 days.

Vanguard Health Care ETF Trading Down 0.8%

NYSEARCA VHT traded down $2.25 on Friday, hitting $289.71. 173,631 shares of the company’s stock were exchanged, compared to its average volume of 263,882. Vanguard Health Care ETF has a 52 week low of $234.11 and a 52 week high of $298.61. The stock has a 50-day moving average of $288.48 and a 200-day moving average of $267.69. The stock has a market cap of $17.43 billion, a price-to-earnings ratio of 20.85 and a beta of 0.67.

Hedge Funds Weigh In On Vanguard Health Care ETF

A number of hedge funds have recently made changes to their positions in VHT. Endeavor Private Wealth Inc. bought a new stake in Vanguard Health Care ETF in the third quarter worth about $1,095,000. AlphaCore Capital LLC increased its stake in shares of Vanguard Health Care ETF by 2,943.1% during the 2nd quarter. AlphaCore Capital LLC now owns 26,505 shares of the company’s stock worth $6,582,000 after purchasing an additional 25,634 shares during the last quarter. McAdam LLC raised its holdings in shares of Vanguard Health Care ETF by 8.8% in the 2nd quarter. McAdam LLC now owns 1,303 shares of the company’s stock worth $324,000 after purchasing an additional 105 shares during the period. HB Wealth Management LLC lifted its stake in Vanguard Health Care ETF by 103.4% in the third quarter. HB Wealth Management LLC now owns 15,574 shares of the company’s stock valued at $4,043,000 after purchasing an additional 7,917 shares during the last quarter. Finally, RFG Advisory LLC grew its holdings in Vanguard Health Care ETF by 14.6% during the second quarter. RFG Advisory LLC now owns 1,132 shares of the company’s stock valued at $281,000 after purchasing an additional 144 shares during the period.

About Vanguard Health Care ETF

Vanguard Health Care ETF seeks to track the investment performance of the MSCI US Investable Market Health Care 25/50 Index, a benchmark of large-, mid-, and small-cap United States stocks in the health care sector, as classified under the Global Industry Classification Standard (GICS). This GICS sector is made up of two main industry groups. The first group includes companies that manufacture health care equipment and supplies or provide health care related services (such as distributors of health care products, providers of basic health care services, and owners and operators of health care facilities and organizations).