Vanguard Health Care ETF (NYSEARCA:VHT) Sees Significant Drop in Short Interest

Vanguard Health Care ETF (NYSEARCA:VHT) saw a significant decrease in short interest during the month of December. As of December 31st, there was short interest totaling 154,405 shares, a decrease of 20.8% from the December 15th total of 194,847 shares. Based on an average daily volume of 311,791 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.3% of the shares of the company are sold short. Approximately 0.3% of the shares of the company are sold short. Based on an average daily volume of 311,791 shares, the days-to-cover ratio is currently 0.5 days.

Vanguard Health Care ETF Stock Performance

Shares of NYSEARCA VHT traded down $2.25 during trading hours on Friday, reaching $289.71. 173,631 shares of the stock were exchanged, compared to its average volume of 263,882. The firm has a market capitalization of $17.43 billion, a price-to-earnings ratio of 20.85 and a beta of 0.67. The stock’s fifty day simple moving average is $288.48 and its 200 day simple moving average is $267.69. Vanguard Health Care ETF has a 52 week low of $234.11 and a 52 week high of $298.61.

Institutional Investors Weigh In On Vanguard Health Care ETF

A number of institutional investors have recently modified their holdings of VHT. HF Advisory Group LLC increased its position in Vanguard Health Care ETF by 730.9% during the fourth quarter. HF Advisory Group LLC now owns 17,483 shares of the company’s stock worth $5,032,000 after acquiring an additional 15,379 shares during the period. Trust Co. of Vermont grew its position in shares of Vanguard Health Care ETF by 17.2% during the 4th quarter. Trust Co. of Vermont now owns 85,552 shares of the company’s stock worth $24,626,000 after purchasing an additional 12,573 shares in the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management bought a new position in shares of Vanguard Health Care ETF during the fourth quarter worth approximately $210,000. Lodestone Wealth Management LLC bought a new position in shares of Vanguard Health Care ETF during the fourth quarter worth approximately $52,000. Finally, Royal Fund Management LLC raised its position in shares of Vanguard Health Care ETF by 32.8% in the fourth quarter. Royal Fund Management LLC now owns 31,186 shares of the company’s stock valued at $8,994,000 after buying an additional 7,705 shares in the last quarter.

Vanguard Health Care ETF Company Profile

Vanguard Health Care ETF seeks to track the investment performance of the MSCI US Investable Market Health Care 25/50 Index, a benchmark of large-, mid-, and small-cap United States stocks in the health care sector, as classified under the Global Industry Classification Standard (GICS). This GICS sector is made up of two main industry groups. The first group includes companies that manufacture health care equipment and supplies or provide health care related services (such as distributors of health care products, providers of basic health care services, and owners and operators of health care facilities and organizations).