Vanguard Mid-Cap Growth ETF (NYSEARCA:VOT) Sees Significant Decline in Short Interest

Vanguard Mid-Cap Growth ETF (NYSEARCA:VOT) saw a large drop in short interest during the month of September. As of September 15th, there was short interest totaling 35,020 shares, a drop of 46.0% from the August 31st total of 64,874 shares. Based on an average daily volume of 195,206 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.1% of the shares of the company are sold short.

Institutional Investors Weigh In On Vanguard Mid-Cap Growth ETF

Institutional investors have recently modified their holdings of the company. Wellington Management Group LLP purchased a new position in shares of Vanguard Mid-Cap Growth ETF in the second quarter valued at $54,120,000. Everhart Financial Group Inc. raised its position in shares of Vanguard Mid-Cap Growth ETF by 390.3% in the second quarter. Everhart Financial Group Inc. now owns 216,074 shares of the company’s stock valued at $66,183,000 after buying an additional 172,004 shares during the last quarter. Sharp Wealth Advisory LLC purchased a new position in shares of Vanguard Mid-Cap Growth ETF during the first quarter valued at approximately $28,845,000. Align Financial LLC acquired a new stake in Vanguard Mid-Cap Growth ETF during the fourth quarter worth approximately $26,960,000. Finally, LPL Financial LLC boosted its position in Vanguard Mid-Cap Growth ETF by 6.8% during the fourth quarter. LPL Financial LLC now owns 876,401 shares of the company’s stock worth $244,638,000 after acquiring an additional 55,656 shares during the last quarter.

Vanguard Mid-Cap Growth ETF Stock Performance

VOT traded up $2.84 during trading on Thursday, reaching $294.94. The company’s stock had a trading volume of 210,852 shares, compared to its average volume of 220,528. The company has a market capitalization of $19.12 billion, a price-to-earnings ratio of 31.98 and a beta of 1.17. The company’s fifty day moving average price is $299.65 and its 200-day moving average price is $291.33. Vanguard Mid-Cap Growth ETF has a 52-week low of $248.23 and a 52-week high of $315.14.

About Vanguard Mid-Cap Growth ETF

Vanguard Mid-Cap Growth ETF (the Fund) is an exchange-traded share class of Vanguard Mid-Cap Growth Index Fund, which employs a passive management or indexing investment approach designed to track the performance of the MSCI US Mid Cap Growth Index (the Index). The Index is a diversified index of growth stocks of medium-size United States companies. The Fund attempts to replicate the target Index by investing all, or substantially all, of its assets in the stocks that make up the Index, holding each stock in approximately the same proportion as its weighting in the Index.