Short Interest in Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG) Drops By 70.1%

Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG) was the target of a large decline in short interest in August. As of August 31st, there was short interest totaling 5,728 shares, a decline of 70.1% from the August 15th total of 19,153 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 19,467 shares, the days-to-cover ratio is presently 0.3 days.

Hedge Funds Weigh In On Vanguard Russell 2000 Growth ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Integrated Wealth Concepts LLC purchased a new stake in shares of Vanguard Russell 2000 Growth ETF during the 2nd quarter worth approximately $43,000. IFP Advisors Inc grew its holdings in shares of Vanguard Russell 2000 Growth ETF by 37.7% in the second quarter. IFP Advisors Inc now owns 949 shares of the company’s stock valued at $273,000 after purchasing an additional 260 shares in the last quarter. Waverly Advisors LLC purchased a new position in shares of Vanguard Russell 2000 Growth ETF in the second quarter valued at $248,000. Parkside Financial Bank & Trust grew its holdings in shares of Vanguard Russell 2000 Growth ETF by 2.4% in the second quarter. Parkside Financial Bank & Trust now owns 11,336 shares of the company’s stock valued at $3,261,000 after purchasing an additional 271 shares in the last quarter. Finally, Corient Private Wealth LP bought a new stake in Vanguard Russell 2000 Growth ETF in the second quarter worth $288,000.

Vanguard Russell 2000 Growth ETF Stock Up 0.6%

Shares of Vanguard Russell 2000 Growth ETF stock opened at $268.40 on Friday. The firm has a market cap of $1.46 billion, a price-to-earnings ratio of 20.82 and a beta of 1.20. The business has a 50-day moving average price of $278.09 and a 200-day moving average price of $264.99. Vanguard Russell 2000 Growth ETF has a twelve month low of $218.84 and a twelve month high of $289.14.

About Vanguard Russell 2000 Growth ETF

The Vanguard Russell 2000 Growth ETF (VTWG) is an exchange-traded fund that is based on the Russell 2000 Growth index. The fund tracks an index of US small-cap growth stocks. Holdings are selected and weighted based on EPS growth estimates and historical sales growth. VTWG was launched on Sep 20, 2010 and is managed by Vanguard.