Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG) Sees Large Increase in Short Interest

Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG) saw a significant growth in short interest in May. As of May 15th, there was short interest totaling 21,473 shares, a growth of 136.0% from the April 30th total of 9,097 shares. Based on an average daily volume of 16,959 shares, the short-interest ratio is currently 1.3 days. Currently, 0.4% of the company’s stock are sold short.

Vanguard Russell 2000 Growth ETF Stock Performance

Shares of VTWG stock opened at $278.15 on Monday. Vanguard Russell 2000 Growth ETF has a 52-week low of $195.00 and a 52-week high of $280.16. The company has a 50-day simple moving average of $253.79 and a two-hundred day simple moving average of $246.15. The company has a market capitalization of $1.44 billion, a price-to-earnings ratio of 20.82 and a beta of 1.20.

Vanguard Russell 2000 Growth ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Tuesday, March 24th were paid a $0.3241 dividend. This represents a $1.30 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date was Tuesday, March 24th.

Institutional Trading of Vanguard Russell 2000 Growth ETF

Institutional investors and hedge funds have recently modified their holdings of the business. Bank of America Corp DE boosted its position in Vanguard Russell 2000 Growth ETF by 5.4% in the third quarter. Bank of America Corp DE now owns 303,703 shares of the company’s stock worth $70,999,000 after purchasing an additional 15,449 shares during the last quarter. Assetmark Inc. increased its position in shares of Vanguard Russell 2000 Growth ETF by 0.4% during the 1st quarter. Assetmark Inc. now owns 114,799 shares of the company’s stock valued at $26,293,000 after purchasing an additional 440 shares during the last quarter. Systelligence LLC increased its position in shares of Vanguard Russell 2000 Growth ETF by 1.6% during the 1st quarter. Systelligence LLC now owns 74,008 shares of the company’s stock valued at $16,951,000 after purchasing an additional 1,184 shares during the last quarter. Private Advisor Group LLC raised its stake in shares of Vanguard Russell 2000 Growth ETF by 421.4% during the 1st quarter. Private Advisor Group LLC now owns 71,395 shares of the company’s stock worth $16,352,000 after purchasing an additional 57,703 shares during the period. Finally, Ameriprise Financial Inc. raised its stake in shares of Vanguard Russell 2000 Growth ETF by 6.7% during the 2nd quarter. Ameriprise Financial Inc. now owns 66,843 shares of the company’s stock worth $13,933,000 after purchasing an additional 4,174 shares during the period.

About Vanguard Russell 2000 Growth ETF

The Vanguard Russell 2000 Growth ETF (VTWG) is an exchange-traded fund that is based on the Russell 2000 Growth index. The fund tracks an index of US small-cap growth stocks. Holdings are selected and weighted based on EPS growth estimates and historical sales growth. VTWG was launched on Sep 20, 2010 and is managed by Vanguard.