Vanguard Utilities ETF (NYSEARCA:VPU) Short Interest Up 318.1% in June

Vanguard Utilities ETF (NYSEARCA:VPU) was the target of a significant increase in short interest in June. As of June 30th, there was short interest totaling 292,256 shares, an increase of 318.1% from the June 15th total of 69,903 shares. Based on an average daily trading volume, of 225,750 shares, the days-to-cover ratio is currently 1.3 days. Currently, 0.7% of the shares of the stock are sold short.

Vanguard Utilities ETF Stock Up 0.6%

Shares of Vanguard Utilities ETF stock traded up $1.20 on Friday, hitting $196.17. The company’s stock had a trading volume of 137,985 shares, compared to its average volume of 259,228. Vanguard Utilities ETF has a 52-week low of $175.94 and a 52-week high of $206.10. The firm has a fifty day moving average price of $194.49 and a 200-day moving average price of $194.60. The company has a market capitalization of $8.68 billion, a P/E ratio of 20.60 and a beta of 0.59.

Institutional Trading of Vanguard Utilities ETF

Several institutional investors and hedge funds have recently modified their holdings of the business. Jessup Wealth Management Inc purchased a new position in shares of Vanguard Utilities ETF during the 4th quarter worth approximately $27,000. IFC & Insurance Marketing Inc. acquired a new stake in Vanguard Utilities ETF during the 4th quarter valued at $28,000. Van Den Berg Management I Inc. acquired a new stake in Vanguard Utilities ETF during the 1st quarter valued at $32,000. Physician Wealth Advisors Inc. purchased a new position in Vanguard Utilities ETF during the fourth quarter worth $31,000. Finally, Kohmann Bosshard Financial Services LLC increased its position in Vanguard Utilities ETF by 905.9% during the first quarter. Kohmann Bosshard Financial Services LLC now owns 171 shares of the company’s stock worth $34,000 after buying an additional 154 shares in the last quarter.

Vanguard Utilities ETF Company Profile

Vanguard Utilities ETF (the Fund) is an exchange-traded class of shares issued by Vanguard Utilities Index Fund. The Fund tracks the performance of Morgan Stanley Capital International United States Investable Market Utilities Index, an index made up of stocks of large, medium-size and small United States companies in the utilities sector, as classified under the Global Industry Classification Standard (GICS). This GICS sector is made up of those companies considered electric, gas, or water utilities, or companies that operate as independent producers and/or distributors of power.