Vanguard FTSE Pacific ETF (NYSEARCA:VPL) Sees Significant Decline in Short Interest

Vanguard FTSE Pacific ETF (NYSEARCA:VPL) was the target of a large drop in short interest in June. As of June 30th, there was short interest totaling 65,916 shares, a drop of 72.8% from the June 15th total of 242,174 shares. Based on an average trading volume of 418,247 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the company’s stock are sold short.

Vanguard FTSE Pacific ETF Stock Performance

VPL traded down $3.78 during mid-day trading on Monday, reaching $110.00. 394,918 shares of the stock were exchanged, compared to its average volume of 1,220,009. Vanguard FTSE Pacific ETF has a 1 year low of $80.34 and a 1 year high of $121.23. The stock has a market capitalization of $8.15 billion, a PE ratio of 14.65 and a beta of 0.80. The company has a 50 day moving average price of $113.94 and a two-hundred day moving average price of $104.85.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Dorato Capital Management purchased a new stake in Vanguard FTSE Pacific ETF in the 4th quarter valued at about $29,000. Annis Gardner Whiting Capital Advisors LLC purchased a new position in shares of Vanguard FTSE Pacific ETF in the 4th quarter worth approximately $32,000. Aptus Capital Advisors LLC grew its holdings in shares of Vanguard FTSE Pacific ETF by 121.7% in the fourth quarter. Aptus Capital Advisors LLC now owns 408 shares of the company’s stock valued at $37,000 after acquiring an additional 224 shares in the last quarter. IFC & Insurance Marketing Inc. bought a new position in shares of Vanguard FTSE Pacific ETF in the fourth quarter valued at approximately $40,000. Finally, CoreCap Advisors LLC increased its position in shares of Vanguard FTSE Pacific ETF by 624.1% during the second quarter. CoreCap Advisors LLC now owns 391 shares of the company’s stock valued at $45,000 after acquiring an additional 337 shares during the last quarter.

About Vanguard FTSE Pacific ETF

Vanguard FTSE Pacific ETF, formerly Vanguard MSCI Pacific ETF, is an exchange-traded share class of Vanguard Pacific Stock Index Fund. The Fund seeks to track the investment performance of the MSCI Pacific Index that consists of common stocks of companies located in Japan, Australia, Hong Kong, New Zealand and Singapore. The Fund employs a passive management or indexing investment approach by investing all, or substantially all, of its assets in the common stocks included in the MSCI Pacific Index (the Index).