Short Interest in Vanguard Russell 2000 Value ETF (NASDAQ:VTWV) Declines By 27.7%

Vanguard Russell 2000 Value ETF (NASDAQ:VTWV) saw a significant drop in short interest in May. As of May 15th, there was short interest totalling 11,500 shares, a drop of 27.7% from the April 30th total of 15,900 shares. Approximately 0.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 24,900 shares, the days-to-cover ratio is presently 0.5 days.

Vanguard Russell 2000 Value ETF Stock Down 0.4%

VTWV stock traded down $0.57 during midday trading on Friday, reaching $133.09. The stock had a trading volume of 36,214 shares, compared to its average volume of 26,485. The business has a fifty day simple moving average of $128.73 and a two-hundred day simple moving average of $140.36. The firm has a market cap of $746.63 million, a price-to-earnings ratio of 13.36 and a beta of 1.15. Vanguard Russell 2000 Value ETF has a twelve month low of $113.94 and a twelve month high of $161.65.

Vanguard Russell 2000 Value ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Tuesday, March 25th were given a $0.5178 dividend. The ex-dividend date of this dividend was Tuesday, March 25th. This represents a $2.07 dividend on an annualized basis and a yield of 1.56%.

Hedge Funds Weigh In On Vanguard Russell 2000 Value ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in VTWV. Financial Advisory Corp bought a new position in Vanguard Russell 2000 Value ETF during the fourth quarter worth about $8,219,000. Carl Stuart Investment Advisor Inc. bought a new position in Vanguard Russell 2000 Value ETF during the fourth quarter worth about $7,889,000. Potentia Wealth bought a new position in Vanguard Russell 2000 Value ETF during the fourth quarter worth about $3,613,000. Two Sigma Investments LP bought a new position in Vanguard Russell 2000 Value ETF during the fourth quarter worth about $3,500,000. Finally, Raymond James Financial Inc. bought a new position in Vanguard Russell 2000 Value ETF during the fourth quarter worth about $3,280,000.

About Vanguard Russell 2000 Value ETF

The Vanguard Russell 2000 Value ETF (VTWV) is an exchange-traded fund that is based on the Russell 2000 Value index. The fund tracks an index of US small-cap value stocks. Holdings are selected and weighted based on price-to-book-value. VTWV was launched on Sep 20, 2010 and is managed by Vanguard.