Short Interest in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) Rises By 92.5%

Vanguard High Dividend Yield ETF (NYSEARCA:VYM) was the recipient of a large growth in short interest during the month of December. As of December 15th, there was short interest totaling 842,143 shares, a growth of 92.5% from the November 30th total of 437,365 shares. Currently, 0.2% of the company’s shares are short sold. Based on an average daily volume of 1,590,656 shares, the days-to-cover ratio is presently 0.5 days. Based on an average daily volume of 1,590,656 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.2% of the company’s shares are short sold.

Vanguard High Dividend Yield ETF Stock Performance

VYM traded down $0.29 during midday trading on Monday, reaching $144.80. 1,044,107 shares of the company were exchanged, compared to its average volume of 1,356,724. The stock has a market capitalization of $67.70 billion, a P/E ratio of 17.79 and a beta of 0.79. Vanguard High Dividend Yield ETF has a one year low of $112.05 and a one year high of $147.88. The stock’s 50-day simple moving average is $142.67 and its 200 day simple moving average is $138.97.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Triumph Capital Management boosted its position in Vanguard High Dividend Yield ETF by 3.0% during the 3rd quarter. Triumph Capital Management now owns 4,056 shares of the company’s stock worth $572,000 after acquiring an additional 118 shares during the last quarter. Alternative Investment Advisors LLC. bought a new stake in shares of Vanguard High Dividend Yield ETF in the third quarter worth $205,000. Harbour Investment Management LLC bought a new stake in shares of Vanguard High Dividend Yield ETF in the third quarter worth $203,000. Painted Porch Advisors LLC acquired a new position in Vanguard High Dividend Yield ETF during the third quarter worth $354,000. Finally, Allworth Financial LP grew its position in Vanguard High Dividend Yield ETF by 2.1% in the third quarter. Allworth Financial LP now owns 729,231 shares of the company’s stock valued at $102,785,000 after purchasing an additional 14,700 shares in the last quarter.

Vanguard High Dividend Yield ETF Company Profile

The Vanguard High Dividend Yield Index Fund (VYM) is an exchange-traded fund that is based on the FTSE Custom High Dividend Yield index. The fund tracks the FTSE High Dividend Yield Index. The index selects high-dividend-paying US companies, excluding REITS, and weights them by market cap. VYM was launched on Nov 10, 2006 and is managed by Vanguard.