Short Interest in Vanguard Energy ETF (NYSEARCA:VDE) Decreases By 50.1%

Vanguard Energy ETF (NYSEARCA:VDE) was the target of a significant decrease in short interest in June. As of June 30th, there was short interest totaling 132,485 shares, a decrease of 50.1% from the June 15th total of 265,632 shares. Based on an average trading volume of 855,149 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.2% of the shares of the stock are short sold.

Institutional Investors Weigh In On Vanguard Energy ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in VDE. Brighton Jones LLC lifted its stake in shares of Vanguard Energy ETF by 1.7% during the fourth quarter. Brighton Jones LLC now owns 18,777 shares of the company’s stock worth $2,278,000 after purchasing an additional 306 shares in the last quarter. AQR Capital Management LLC bought a new stake in shares of Vanguard Energy ETF in the 1st quarter worth about $281,000. Cerity Partners LLC increased its holdings in Vanguard Energy ETF by 1.3% in the second quarter. Cerity Partners LLC now owns 34,484 shares of the company’s stock valued at $4,108,000 after buying an additional 438 shares during the last quarter. Qube Research & Technologies Ltd raised its stake in Vanguard Energy ETF by 2,383.1% during the second quarter. Qube Research & Technologies Ltd now owns 7,921 shares of the company’s stock valued at $944,000 after buying an additional 7,602 shares in the last quarter. Finally, Main Street Financial Solutions LLC raised its stake in Vanguard Energy ETF by 10.8% during the second quarter. Main Street Financial Solutions LLC now owns 9,169 shares of the company’s stock valued at $1,092,000 after buying an additional 890 shares in the last quarter.

Vanguard Energy ETF Stock Performance

Vanguard Energy ETF stock traded down $1.49 during midday trading on Wednesday, reaching $159.42. 593,056 shares of the company were exchanged, compared to its average volume of 965,988. Vanguard Energy ETF has a 1 year low of $118.17 and a 1 year high of $179.34. The firm’s 50-day simple moving average is $159.47 and its 200-day simple moving average is $155.22. The company has a market capitalization of $9.56 billion, a price-to-earnings ratio of 14.10 and a beta of 0.43.

About Vanguard Energy ETF

Vanguard Energy ETF (the Fund) is an exchange-traded share class of Vanguard Energy Index Fund. The Fund employs a passive management or indexing investment approach designed to track the performance of the Morgan Stanley Capital International (MSCI) US Investable Market Energy Index (the Index), an index of stocks of large, medium and small United States companies in the energy sector, as classified under the Global Industry Classification Standard (GICS). This GICS sector is made up of companies whose businesses are dominated by activities, such as the construction or provision of oil rigs, drilling equipment, and other energy-related service and equipment (such as seismic data collection), or companies engaged in the exploration, production, marketing, refining, and/or transportation of oil and gas products.