Vanguard Information Technology ETF (NYSEARCA:VGT) Short Interest Update

Vanguard Information Technology ETF (NYSEARCA:VGT) was the recipient of a significant growth in short interest during the month of April. As of April 30th, there was short interest totaling 3,379,311 shares, a growth of 746.6% from the April 15th total of 399,155 shares. Currently, 2.2% of the shares of the stock are sold short. Based on an average trading volume of 4,426,004 shares, the short-interest ratio is currently 0.8 days.

Institutional Trading of Vanguard Information Technology ETF

A number of institutional investors have recently made changes to their positions in the company. Kingdom Financial Group LLC. acquired a new stake in shares of Vanguard Information Technology ETF in the 4th quarter worth $27,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of Vanguard Information Technology ETF in the 4th quarter worth $30,000. Wells Financial Advisors INC purchased a new stake in shares of Vanguard Information Technology ETF during the 4th quarter valued at approximately $29,000. Strategic Advocates LLC purchased a new stake in shares of Vanguard Information Technology ETF during the 3rd quarter valued at approximately $30,000. Finally, First Command Advisory Services Inc. purchased a new stake in shares of Vanguard Information Technology ETF during the 3rd quarter valued at approximately $31,000.

Vanguard Information Technology ETF Stock Performance

Shares of NYSEARCA:VGT traded down $1.42 during trading on Tuesday, reaching $112.30. The stock had a trading volume of 5,170,289 shares, compared to its average volume of 4,400,639. The business has a fifty day moving average price of $95.00 and a 200-day moving average price of $94.64. The stock has a market cap of $16.89 billion, a PE ratio of 34.55 and a beta of 1.31. Vanguard Information Technology ETF has a 1-year low of $73.76 and a 1-year high of $114.03.

Vanguard Information Technology ETF Company Profile

Vanguard Information Technology ETF seeks to track the investment performance of the MSCI US Investable Market Information Technology 25/50 Index, a benchmark of large-, mid-, and small-cap United States stocks in the information technology sector, as classified under the Global Industry Classification Standard (GICS). This GICS sector is made up of companies in three areas: technology software and services, including companies that develop software in various fields (such as the Internet, applications, systems, databases, and/or home entertainment), and companies that provide information technology consulting and services, data processing, and outsourced services; technology hardware and equipment, including manufacturers and distributors of communications equipment, computers and peripherals and electronic equipment, and semiconductors and semiconductor equipment manufacturers.