Short Interest in Vanguard Communication Services ETF (NYSEARCA:VOX) Declines By 45.8%

Vanguard Communication Services ETF (NYSEARCA:VOX) was the recipient of a significant drop in short interest during the month of May. As of May 15th, there was short interest totaling 83,954 shares, a drop of 45.8% from the April 30th total of 154,796 shares. Based on an average daily trading volume, of 200,160 shares, the short-interest ratio is presently 0.4 days. Currently, 0.3% of the company’s shares are sold short.

Vanguard Communication Services ETF Stock Performance

Shares of VOX opened at $197.08 on Monday. Vanguard Communication Services ETF has a 1 year low of $156.90 and a 1 year high of $200.77. The stock has a market cap of $5.99 billion, a P/E ratio of 18.46 and a beta of 1.06. The stock’s 50-day moving average price is $191.36 and its two-hundred day moving average price is $191.08.

Hedge Funds Weigh In On Vanguard Communication Services ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Advisors Management Group Inc. ADV boosted its holdings in Vanguard Communication Services ETF by 1.0% during the first quarter. Advisors Management Group Inc. ADV now owns 5,327 shares of the company’s stock worth $958,000 after buying an additional 54 shares during the last quarter. Private Advisor Group LLC boosted its holdings in Vanguard Communication Services ETF by 0.4% during the first quarter. Private Advisor Group LLC now owns 13,806 shares of the company’s stock worth $2,483,000 after buying an additional 55 shares during the last quarter. Blue Fin Capital Inc. boosted its holdings in Vanguard Communication Services ETF by 2.7% during the third quarter. Blue Fin Capital Inc. now owns 2,151 shares of the company’s stock worth $404,000 after buying an additional 56 shares during the last quarter. KDK Private Wealth Management LLC boosted its holdings in Vanguard Communication Services ETF by 0.9% during the first quarter. KDK Private Wealth Management LLC now owns 6,314 shares of the company’s stock worth $1,136,000 after buying an additional 56 shares during the last quarter. Finally, Citizens Financial Group Inc. RI boosted its holdings in Vanguard Communication Services ETF by 0.9% during the fourth quarter. Citizens Financial Group Inc. RI now owns 6,404 shares of the company’s stock worth $1,240,000 after buying an additional 57 shares during the last quarter.

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.