Vanguard Financials ETF (NYSEARCA:VFH) Short Interest Update

Vanguard Financials ETF (NYSEARCA:VFH) was the recipient of a large increase in short interest during the month of January. As of January 15th, there was short interest totaling 398,274 shares, an increase of 19.9% from the December 31st total of 332,037 shares. Currently, 0.4% of the company’s stock are short sold. Based on an average daily volume of 822,487 shares, the days-to-cover ratio is presently 0.5 days. Based on an average daily volume of 822,487 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.4% of the company’s stock are short sold.

Vanguard Financials ETF Price Performance

VFH stock traded down $1.79 during trading on Tuesday, hitting $130.51. 120,554 shares of the stock traded hands, compared to its average volume of 656,623. Vanguard Financials ETF has a 1 year low of $100.87 and a 1 year high of $137.89. The firm’s 50 day moving average is $132.77 and its two-hundred day moving average is $130.44. The stock has a market cap of $13.10 billion, a price-to-earnings ratio of 17.56 and a beta of 1.02.

Hedge Funds Weigh In On Vanguard Financials ETF

A number of hedge funds have recently added to or reduced their stakes in the company. Jane Street Group LLC increased its holdings in shares of Vanguard Financials ETF by 124.9% in the 1st quarter. Jane Street Group LLC now owns 9,345 shares of the company’s stock worth $1,116,000 after purchasing an additional 5,190 shares in the last quarter. Focus Partners Wealth boosted its position in shares of Vanguard Financials ETF by 10.5% during the first quarter. Focus Partners Wealth now owns 7,821 shares of the company’s stock valued at $934,000 after buying an additional 743 shares during the last quarter. Ameriflex Group Inc. boosted its position in shares of Vanguard Financials ETF by 16.8% during the second quarter. Ameriflex Group Inc. now owns 626 shares of the company’s stock valued at $79,000 after buying an additional 90 shares during the last quarter. Merit Financial Group LLC increased its holdings in Vanguard Financials ETF by 1.8% in the 2nd quarter. Merit Financial Group LLC now owns 45,395 shares of the company’s stock worth $5,779,000 after buying an additional 786 shares in the last quarter. Finally, DAVENPORT & Co LLC raised its position in Vanguard Financials ETF by 162.2% in the 2nd quarter. DAVENPORT & Co LLC now owns 5,963 shares of the company’s stock worth $759,000 after buying an additional 3,689 shares during the last quarter. 61.65% of the stock is currently owned by hedge funds and other institutional investors.

About Vanguard Financials ETF

Vanguard Financials ETF (the Fund) is an exchange-traded share class of Vanguard Financials Index Fund. The Fund employs a passive management or indexing investment approach designed to track the performance of the Morgan Stanley Capital International (MSCI) US Investable Market Financials Index, an index of stocks of large, medium and small United States companies in the financials sector, as classified under the Global Industry Classification Standard (GICS). This GICS sector is made up of companies involved in activities, such as banking, mortgage finance, consumer finance, specialized finance, investment banking and brokerage, asset management and custody, corporate lending, insurance, financial investment, and real estate (including real estate investment trusts).