Vanguard Information Technology ETF (NYSEARCA:VGT) Short Interest Update

Vanguard Information Technology ETF (NYSEARCA:VGT) was the recipient of a large increase in short interest during the month of April. As of April 30th, there was short interest totaling 3,379,311 shares, an increase of 746.6% from the April 15th total of 399,155 shares. Based on an average daily trading volume, of 4,426,004 shares, the short-interest ratio is presently 0.8 days. Approximately 2.2% of the company’s stock are short sold.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. Uptick Partners LLC increased its position in Vanguard Information Technology ETF by 2.6% during the 3rd quarter. Uptick Partners LLC now owns 518 shares of the exchange traded fund’s stock valued at $387,000 after buying an additional 13 shares in the last quarter. 49 Wealth Management LLC increased its position in Vanguard Information Technology ETF by 3.7% during the 3rd quarter. 49 Wealth Management LLC now owns 362 shares of the exchange traded fund’s stock valued at $270,000 after buying an additional 13 shares in the last quarter. Center For Asset Management LLC increased its position in Vanguard Information Technology ETF by 4.4% during the 4th quarter. Center For Asset Management LLC now owns 334 shares of the exchange traded fund’s stock valued at $252,000 after buying an additional 14 shares in the last quarter. Roman Butler Fullerton & Co. increased its position in Vanguard Information Technology ETF by 2.4% during the 4th quarter. Roman Butler Fullerton & Co. now owns 587 shares of the exchange traded fund’s stock valued at $442,000 after buying an additional 14 shares in the last quarter. Finally, Plancorp LLC increased its position in Vanguard Information Technology ETF by 0.7% during the 4th quarter. Plancorp LLC now owns 2,099 shares of the exchange traded fund’s stock valued at $1,582,000 after buying an additional 14 shares in the last quarter.

Vanguard Information Technology ETF Stock Down 1.2%

Shares of Vanguard Information Technology ETF stock traded down $1.42 on Tuesday, reaching $112.30. The stock had a trading volume of 5,170,289 shares, compared to its average volume of 4,400,639. The company has a 50 day moving average price of $95.00 and a 200 day moving average price of $94.64. Vanguard Information Technology ETF has a 1 year low of $73.76 and a 1 year high of $114.03. The stock has a market capitalization of $16.89 billion, a P/E ratio of 34.55 and a beta of 1.31.

About Vanguard Information Technology ETF

Vanguard Information Technology ETF seeks to track the investment performance of the MSCI US Investable Market Information Technology 25/50 Index, a benchmark of large-, mid-, and small-cap United States stocks in the information technology sector, as classified under the Global Industry Classification Standard (GICS). This GICS sector is made up of companies in three areas: technology software and services, including companies that develop software in various fields (such as the Internet, applications, systems, databases, and/or home entertainment), and companies that provide information technology consulting and services, data processing, and outsourced services; technology hardware and equipment, including manufacturers and distributors of communications equipment, computers and peripherals and electronic equipment, and semiconductors and semiconductor equipment manufacturers.