Vanguard Communication Services ETF (NYSEARCA:VOX) Short Interest Update

Vanguard Communication Services ETF (NYSEARCA:VOX) was the target of a significant increase in short interest in the month of July. As of July 31st, there was short interest totaling 228,470 shares, an increase of 72.6% from the July 15th total of 132,373 shares. Based on an average daily volume of 340,469 shares, the days-to-cover ratio is presently 0.7 days. Approximately 0.7% of the shares of the stock are short sold.

Hedge Funds Weigh In On Vanguard Communication Services ETF

Hedge funds have recently made changes to their positions in the company. Goldman Sachs Group Inc. boosted its holdings in shares of Vanguard Communication Services ETF by 489.4% during the 4th quarter. Goldman Sachs Group Inc. now owns 674,664 shares of the company’s stock worth $130,635,000 after purchasing an additional 560,204 shares during the last quarter. Bank of America Corp DE boosted its stake in Vanguard Communication Services ETF by 12.7% during the first quarter. Bank of America Corp DE now owns 2,022,457 shares of the company’s stock worth $363,719,000 after buying an additional 227,574 shares during the last quarter. The Manufacturers Life Insurance Company boosted its stake in Vanguard Communication Services ETF by 204.6% during the second quarter. The Manufacturers Life Insurance Company now owns 327,317 shares of the company’s stock worth $55,981,000 after buying an additional 219,842 shares during the last quarter. Marks Wealth LLC purchased a new stake in Vanguard Communication Services ETF in the 4th quarter valued at $41,093,000. Finally, Assetmark Inc. grew its holdings in Vanguard Communication Services ETF by 79.2% in the 1st quarter. Assetmark Inc. now owns 342,932 shares of the company’s stock valued at $61,673,000 after buying an additional 151,595 shares in the last quarter.

Vanguard Communication Services ETF Price Performance

Vanguard Communication Services ETF stock traded down $3.35 during midday trading on Monday, reaching $185.83. The company had a trading volume of 197,610 shares, compared to its average volume of 260,821. The company has a market capitalization of $5.71 billion, a P/E ratio of 18.46 and a beta of 1.05. Vanguard Communication Services ETF has a 12-month low of $172.37 and a 12-month high of $200.77. The firm’s fifty day simple moving average is $186.58 and its 200-day simple moving average is $189.60.

About Vanguard Communication Services ETF

Vanguard Telecommunication Services ETF (the Fund) seeks to track the performance of a benchmark index that measures the investment return of telecommunication services stocks. The Fund seeks to track the performance of the MSCI US Investable Market Telecommunication Services 25/50 Index. The MSCI US Investable Market Telecommunication Services 25/50 Index includes stocks of the United States companies within the telecommunication services sector. The sector is made up of companies that provide communications services primarily through fixed-line, cellular, wireless, high-bandwidth, and/or fiber-optic cable networks.