Vanguard Materials ETF (NYSEARCA:VAW) Sees Significant Increase in Short Interest

Vanguard Materials ETF (NYSEARCA:VAW) was the recipient of a large increase in short interest in the month of September. As of September 15th, there was short interest totaling 56,837 shares, an increase of 71.5% from the August 31st total of 33,140 shares. Based on an average daily volume of 112,237 shares, the short-interest ratio is presently 0.5 days. Approximately 0.4% of the shares of the stock are short sold.

Institutional Trading of Vanguard Materials ETF

Large investors have recently added to or reduced their stakes in the company. Fifth Third Bancorp raised its stake in shares of Vanguard Materials ETF by 307.4% during the first quarter. Fifth Third Bancorp now owns 8,865 shares of the company’s stock valued at $1,998,000 after acquiring an additional 6,689 shares in the last quarter. Park National Corp OH increased its holdings in shares of Vanguard Materials ETF by 11.4% during the 1st quarter. Park National Corp OH now owns 28,403 shares of the company’s stock valued at $6,400,000 after purchasing an additional 2,905 shares in the last quarter. NewEdge Advisors LLC lifted its position in shares of Vanguard Materials ETF by 457.4% during the 1st quarter. NewEdge Advisors LLC now owns 16,543 shares of the company’s stock valued at $3,728,000 after buying an additional 13,575 shares in the last quarter. Maloon Powers Pitre Higgins & Dennehy LLC acquired a new position in Vanguard Materials ETF in the 2nd quarter valued at $1,041,000. Finally, Private Advisor Group LLC grew its holdings in Vanguard Materials ETF by 20.3% in the 1st quarter. Private Advisor Group LLC now owns 15,389 shares of the company’s stock valued at $3,468,000 after buying an additional 2,596 shares in the last quarter.

Vanguard Materials ETF Stock Performance

NYSEARCA:VAW traded down $0.49 during midday trading on Thursday, reaching $217.68. 131,518 shares of the stock traded hands, compared to its average volume of 73,703. The stock has a market capitalization of $2.82 billion, a P/E ratio of 23.02 and a beta of 0.97. The company has a fifty day moving average of $230.92 and a 200 day moving average of $229.89. Vanguard Materials ETF has a 12 month low of $190.29 and a 12 month high of $245.26.

Vanguard Materials ETF Company Profile

Vanguard Materials ETF seeks to track the investment performance of the MSCI US Investable Market Materials 25/50 Index, a benchmark of large-, mid-, and small-cap United States stocks in the materials sector, as classified under the Global Industry Classification Standard (GICS). This GICS sector is made up of companies in a wide range of commodity-related manufacturing industries. Included within this sector are companies that manufacture chemicals, construction materials, glass, paper, forest products, and related packaging products, as well as metals, minerals, and mining companies, including producers of steel.