Vanguard FTSE Pacific ETF (NYSEARCA:VPL) Sees Large Growth in Short Interest

Vanguard FTSE Pacific ETF (NYSEARCA:VPL) was the target of a significant growth in short interest during the month of July. As of July 31st, there was short interest totaling 191,503 shares, a growth of 420.0% from the July 15th total of 36,829 shares. Based on an average daily volume of 401,336 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.3% of the company’s stock are short sold.

Institutional Trading of Vanguard FTSE Pacific ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Focus Partners Wealth acquired a new position in shares of Vanguard FTSE Pacific ETF during the 1st quarter worth approximately $688,000. First Trust Advisors LP grew its stake in shares of Vanguard FTSE Pacific ETF by 2.0% in the second quarter. First Trust Advisors LP now owns 32,447 shares of the company’s stock valued at $2,666,000 after buying an additional 622 shares in the last quarter. Brown Advisory Inc. increased its holdings in Vanguard FTSE Pacific ETF by 2.0% during the second quarter. Brown Advisory Inc. now owns 6,404 shares of the company’s stock worth $526,000 after buying an additional 125 shares during the last quarter. Qube Research & Technologies Ltd raised its position in Vanguard FTSE Pacific ETF by 679.6% during the second quarter. Qube Research & Technologies Ltd now owns 1,185 shares of the company’s stock worth $97,000 after acquiring an additional 1,033 shares in the last quarter. Finally, NewEdge Advisors LLC lifted its stake in Vanguard FTSE Pacific ETF by 24.8% in the second quarter. NewEdge Advisors LLC now owns 62,910 shares of the company’s stock valued at $5,170,000 after acquiring an additional 12,515 shares during the last quarter.

Vanguard FTSE Pacific ETF Price Performance

VPL stock traded up $2.41 during midday trading on Wednesday, hitting $115.81. The company’s stock had a trading volume of 17,424 shares, compared to its average volume of 1,096,431. Vanguard FTSE Pacific ETF has a twelve month low of $85.02 and a twelve month high of $121.23. The company’s fifty day moving average price is $112.76 and its 200 day moving average price is $107.49. The stock has a market capitalization of $8.58 billion, a P/E ratio of 14.65 and a beta of 0.81.

Vanguard FTSE Pacific ETF Company Profile

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).