Vanguard Mega Cap Value ETF (NYSEARCA:MGV) Shares Shorted: Short Interest Down 52.6% in September

Vanguard Mega Cap Value ETF (NYSEARCA:MGV) was the target of a large decrease in short interest in September. As of September 15th, there was short interest totaling 97,132 shares, a decrease of 52.6% from the August 31st total of 204,860 shares. Based on an average trading volume of 273,339 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.1% of the shares of the stock are short sold.

Vanguard Mega Cap Value ETF Stock Performance

Shares of Vanguard Mega Cap Value ETF stock traded down $0.37 on Tuesday, hitting $162.51. The company’s stock had a trading volume of 305,299 shares, compared to its average volume of 260,054. Vanguard Mega Cap Value ETF has a 1 year low of $135.26 and a 1 year high of $169.84. The firm has a fifty day moving average price of $166.05 and a 200-day moving average price of $158.77. The company has a market capitalization of $13.38 billion, a price-to-earnings ratio of 18.48 and a beta of 0.72.

Institutional Trading of Vanguard Mega Cap Value ETF

Several institutional investors have recently bought and sold shares of the business. Kentucky Trust Co purchased a new position in shares of Vanguard Mega Cap Value ETF during the 2nd quarter valued at approximately $29,000. Ascentis Independent Advisors purchased a new stake in Vanguard Mega Cap Value ETF in the 1st quarter worth $26,000. Bullseye Investment Management LLC purchased a new stake in Vanguard Mega Cap Value ETF in the 2nd quarter worth $40,000. Financial Life Planners acquired a new position in Vanguard Mega Cap Value ETF during the first quarter worth $40,000. Finally, Tower View Wealth Management LLC acquired a new position in Vanguard Mega Cap Value ETF during the first quarter worth $58,000.

Vanguard Mega Cap Value ETF Company Profile

Vanguard Mega Cap Value ETF, formerly Vanguard Mega Cap 300 Value Index ETF, seeks to track the performance of a benchmark index that measures the investment return of the largest-capitalization value stocks in the United States. The Fund employs a passive management or indexing investment approach designed to track the performance of the Morgan Stanley Capital International (MSCI) US Large-Cap Value Index, which represents the value companies of the MSCI US Large-Cap 300 Index. The Fund will invest at least 80% of its assets in the stocks that make up its target Index.