Short Interest in Vanguard Materials ETF (NYSEARCA:VAW) Grows By 95.1%

Vanguard Materials ETF (NYSEARCA:VAW) was the target of a significant growth in short interest in June. As of June 15th, there was short interest totaling 50,998 shares, a growth of 95.1% from the May 31st total of 26,142 shares. Based on an average trading volume of 63,434 shares, the short-interest ratio is currently 0.8 days. Approximately 0.4% of the company’s stock are short sold.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in VAW. Thurston Springer Miller Herd & Titak Inc. bought a new stake in Vanguard Materials ETF in the fourth quarter worth $25,000. Godfrey Financial Associates Inc. purchased a new position in shares of Vanguard Materials ETF in the 4th quarter worth about $26,000. Parkside Financial Bank & Trust raised its position in shares of Vanguard Materials ETF by 333.3% in the 4th quarter. Parkside Financial Bank & Trust now owns 130 shares of the company’s stock worth $27,000 after purchasing an additional 100 shares during the last quarter. BOK Financial Private Wealth Inc. bought a new position in Vanguard Materials ETF in the 4th quarter worth about $30,000. Finally, Howe & Rusling Inc. bought a new position in Vanguard Materials ETF in the 1st quarter worth about $30,000.

Vanguard Materials ETF Stock Up 0.2%

Shares of NYSEARCA VAW traded up $0.47 on Wednesday, reaching $229.26. 74,674 shares of the company’s stock traded hands, compared to its average volume of 81,933. The business’s 50 day simple moving average is $231.86 and its two-hundred day simple moving average is $227.98. Vanguard Materials ETF has a 12 month low of $190.29 and a 12 month high of $245.26. The company has a market cap of $2.98 billion, a price-to-earnings ratio of 23.02 and a beta of 0.96.

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.