Vanguard Financials ETF (NYSEARCA:VFH) Short Interest Down 27.5% in February

Vanguard Financials ETF (NYSEARCA:VFH) was the target of a large decline in short interest in February. As of February 27th, there was short interest totaling 253,297 shares, a decline of 27.5% from the February 12th total of 349,475 shares. Based on an average daily trading volume, of 739,270 shares, the short-interest ratio is presently 0.3 days. Approximately 0.3% of the shares of the stock are short sold. Approximately 0.3% of the shares of the stock are short sold. Based on an average daily trading volume, of 739,270 shares, the short-interest ratio is presently 0.3 days.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Steigerwald Gordon & Koch Inc. bought a new stake in Vanguard Financials ETF during the third quarter worth about $27,000. Jessup Wealth Management Inc bought a new position in shares of Vanguard Financials ETF during the 4th quarter valued at about $27,000. JDM Financial Group LLC purchased a new position in shares of Vanguard Financials ETF during the 3rd quarter valued at about $31,000. Proathlete Wealth Management LLC lifted its position in Vanguard Financials ETF by 2,775.0% in the 4th quarter. Proathlete Wealth Management LLC now owns 230 shares of the company’s stock worth $31,000 after buying an additional 222 shares during the last quarter. Finally, First Horizon Corp bought a new stake in Vanguard Financials ETF in the 3rd quarter worth approximately $37,000. Institutional investors own 61.65% of the company’s stock.

Vanguard Financials ETF Trading Up 0.1%

Shares of NYSEARCA:VFH traded up $0.10 during trading on Friday, reaching $119.23. The company had a trading volume of 752,470 shares, compared to its average volume of 740,475. The company has a fifty day moving average of $129.35 and a two-hundred day moving average of $130.08. The stock has a market capitalization of $11.96 billion, a P/E ratio of 17.56 and a beta of 1.02. Vanguard Financials ETF has a 12 month low of $100.87 and a 12 month high of $137.89.

Vanguard Financials ETF Company Profile

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).