Vanguard Mega Cap Value ETF (NYSEARCA:MGV) Short Interest Down 18.4% in January

Vanguard Mega Cap Value ETF (NYSEARCA:MGV) was the target of a large decrease in short interest in January. As of January 30th, there was short interest totaling 62,009 shares, a decrease of 18.4% from the January 15th total of 75,953 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 295,841 shares, the short-interest ratio is currently 0.2 days. Based on an average daily trading volume, of 295,841 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the shares of the company are sold short.

Institutional Trading of Vanguard Mega Cap Value ETF

A number of institutional investors have recently added to or reduced their stakes in the stock. Tucker Asset Management LLC acquired a new stake in shares of Vanguard Mega Cap Value ETF during the 4th quarter valued at approximately $26,000. Cornerstone Planning Group LLC acquired a new position in Vanguard Mega Cap Value ETF during the third quarter worth $28,000. Kilter Group LLC purchased a new stake in Vanguard Mega Cap Value ETF during the second quarter worth $29,000. Root Financial Partners LLC acquired a new stake in Vanguard Mega Cap Value ETF in the third quarter valued at $29,000. Finally, Dynamic Wealth Strategies LLC purchased a new position in shares of Vanguard Mega Cap Value ETF in the second quarter valued at $30,000.

Vanguard Mega Cap Value ETF Price Performance

Shares of MGV stock opened at $152.35 on Wednesday. Vanguard Mega Cap Value ETF has a 1-year low of $112.25 and a 1-year high of $154.03. The business’s fifty day moving average price is $145.92 and its 200 day moving average price is $139.89. The firm has a market capitalization of $11.59 billion, a PE ratio of 18.48 and a beta of 0.80.

About Vanguard Mega Cap Value ETF

Vanguard Mega Cap Value ETF, formerly Vanguard Mega Cap 300 Value Index ETF, seeks to track the performance of a benchmark index that measures the investment return of the largest-capitalization value stocks in the United States. The Fund employs a passive management or indexing investment approach designed to track the performance of the Morgan Stanley Capital International (MSCI) US Large-Cap Value Index, which represents the value companies of the MSCI US Large-Cap 300 Index. The Fund will invest at least 80% of its assets in the stocks that make up its target Index.