Short Interest in Vanguard S&P Mid-Cap 400 Growth ETF (NYSEARCA:IVOG) Declines By 54.1%

Vanguard S&P Mid-Cap 400 Growth ETF (NYSEARCA:IVOG) was the target of a significant decrease in short interest in May. As of May 15th, there was short interest totaling 23,072 shares, a decrease of 54.1% from the April 30th total of 50,222 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average daily volume of 37,887 shares, the days-to-cover ratio is currently 0.6 days.

Vanguard S&P Mid-Cap 400 Growth ETF Price Performance

Shares of NYSEARCA IVOG traded up $0.46 during trading hours on Friday, reaching $141.64. The stock had a trading volume of 21,330 shares, compared to its average volume of 33,443. The business’s fifty day moving average is $133.59 and its two-hundred day moving average is $127.95. The company has a market cap of $1.61 billion, a price-to-earnings ratio of 21.73 and a beta of 1.06. Vanguard S&P Mid-Cap 400 Growth ETF has a twelve month low of $108.17 and a twelve month high of $142.15.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of IVOG. North Star Investment Management Corp. raised its stake in shares of Vanguard S&P Mid-Cap 400 Growth ETF by 112.7% in the first quarter. North Star Investment Management Corp. now owns 217 shares of the company’s stock valued at $27,000 after purchasing an additional 115 shares in the last quarter. Garner Asset Management Corp acquired a new position in shares of Vanguard S&P Mid-Cap 400 Growth ETF in the fourth quarter valued at $35,000. GGM Financials LLC acquired a new position in shares of Vanguard S&P Mid-Cap 400 Growth ETF in the third quarter valued at $49,000. BOKF NA acquired a new position in Vanguard S&P Mid-Cap 400 Growth ETF during the fourth quarter worth $49,000. Finally, Assetmark Inc. raised its stake in Vanguard S&P Mid-Cap 400 Growth ETF by 20.2% during the third quarter. Assetmark Inc. now owns 590 shares of the company’s stock worth $70,000 after acquiring an additional 99 shares in the last quarter.

Vanguard S&P Mid-Cap 400 Growth ETF Company Profile

The Vanguard S&P Mid-Cap 400 Growth ETF (IVOG) is an exchange-traded fund that is based on the S&P Mid Cap 400 Growth index, a market-cap-weighted index of growth companies curated from the S&P 400. IVOG was launched on Sep 9, 2010 and is managed by Vanguard.