Vanguard Consumer Staples ETF (NYSEARCA:VDC) Short Interest Down 43.6% in July

Vanguard Consumer Staples ETF (NYSEARCA:VDC) saw a significant drop in short interest in the month of July. As of July 15th, there was short interest totaling 117,122 shares, a drop of 43.6% from the June 30th total of 207,593 shares. Approximately 0.3% of the company’s stock are short sold. Based on an average daily trading volume, of 190,889 shares, the days-to-cover ratio is presently 0.6 days.

Hedge Funds Weigh In On Vanguard Consumer Staples ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. JFS Wealth Advisors LLC purchased a new stake in shares of Vanguard Consumer Staples ETF during the second quarter valued at about $25,000. Curio Wealth LLC bought a new position in shares of Vanguard Consumer Staples ETF during the 4th quarter worth approximately $27,000. Howe & Rusling Inc. raised its stake in shares of Vanguard Consumer Staples ETF by 137.0% during the 1st quarter. Howe & Rusling Inc. now owns 128 shares of the company’s stock worth $29,000 after acquiring an additional 74 shares in the last quarter. MBM Wealth Consultants LLC purchased a new stake in Vanguard Consumer Staples ETF during the first quarter valued at approximately $30,000. Finally, Godfrey Financial Associates Inc. purchased a new stake in Vanguard Consumer Staples ETF during the fourth quarter valued at approximately $31,000.

Vanguard Consumer Staples ETF Stock Performance

Vanguard Consumer Staples ETF stock traded up $0.48 during mid-day trading on Wednesday, reaching $235.91. 95,073 shares of the company were exchanged, compared to its average volume of 174,151. The firm has a market cap of $8.16 billion, a P/E ratio of 22.76 and a beta of 0.50. The business has a fifty day moving average of $228.01 and a 200 day moving average of $229.03. Vanguard Consumer Staples ETF has a 12-month low of $205.45 and a 12-month high of $244.33.

About Vanguard Consumer Staples ETF

Vanguard Consumer Staples ETF (the Fund) is an exchange-traded share class of Vanguard Consumer Staples Index Fund, which seeks to track the investment performance of the MSCI US Investable Market Consumer Staples 25/50 Index, a benchmark of large-, mid-, and small-cap United States stocks in the consumer staples sector, as classified under the Global Industry Classification Standard (GICS). This GICS sector is made up of companies whose businesses are less sensitive to economic cycles. It includes manufacturers and distributors of food, beverages, and tobacco, as well as producers of nondurable household goods and personal products.