Vanguard Energy ETF (NYSEARCA:VDE) Shares Shorted: Short Interest Down 57.1% in October

Vanguard Energy ETF (NYSEARCA:VDE) was the target of a large decrease in short interest in October. As of October 15th, there was short interest totaling 209,317 shares, a decrease of 57.1% from the September 30th total of 488,448 shares. Based on an average daily trading volume, of 543,175 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.3% of the shares of the company are short sold.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of VDE. Matrix Private Capital Group LLC bought a new stake in shares of Vanguard Energy ETF during the 1st quarter worth $33,000. Signaturefd LLC acquired a new stake in shares of Vanguard Energy ETF during the third quarter worth $41,000. Coastline Trust Co acquired a new stake in shares of Vanguard Energy ETF during the third quarter worth $43,000. Next Level Wealth Planning LLC acquired a new stake in shares of Vanguard Energy ETF during the third quarter worth $48,000. Finally, NORTHSTAR ASSET MANAGEMENT Co purchased a new stake in shares of Vanguard Energy ETF during the third quarter valued at $57,000.

Vanguard Energy ETF Trading Up 1.8%

VDE traded up $3.45 during trading hours on Friday, hitting $195.46. The company’s stock had a trading volume of 414,263 shares, compared to its average volume of 795,122. Vanguard Energy ETF has a fifty-two week low of $122.08 and a fifty-two week high of $195.80. The firm has a market capitalization of $11.78 billion, a PE ratio of 14.10 and a beta of 0.50. The company has a 50-day simple moving average of $181.75 and a 200 day simple moving average of $164.97.

Vanguard Energy ETF Company Profile

Vanguard Energy ETF (the Fund) is an exchange-traded share class of Vanguard Energy Index Fund. The Fund employs a passive management or indexing investment approach designed to track the performance of the Morgan Stanley Capital International (MSCI) US Investable Market Energy Index (the Index), an index of stocks of large, medium and small United States companies in the energy sector, as classified under the Global Industry Classification Standard (GICS). This GICS sector is made up of companies whose businesses are dominated by activities, such as the construction or provision of oil rigs, drilling equipment, and other energy-related service and equipment (such as seismic data collection), or companies engaged in the exploration, production, marketing, refining, and/or transportation of oil and gas products.