Vanguard Financials ETF (NYSEARCA:VFH) Sees Significant Increase in Short Interest

Vanguard Financials ETF (NYSEARCA:VFH) was the recipient of a large growth in short interest during the month of January. As of January 15th, there was short interest totaling 398,274 shares, a growth of 19.9% from the December 31st total of 332,037 shares. Approximately 0.4% of the shares of the stock are sold short. Based on an average daily volume of 822,487 shares, the days-to-cover ratio is currently 0.5 days. Based on an average daily volume of 822,487 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.4% of the shares of the stock are sold short.

Institutional Trading of Vanguard Financials ETF

Several hedge funds have recently added to or reduced their stakes in VFH. Atlantic Union Bankshares Corp bought a new stake in Vanguard Financials ETF in the 2nd quarter worth $101,000. AE Wealth Management LLC boosted its holdings in shares of Vanguard Financials ETF by 7.5% during the second quarter. AE Wealth Management LLC now owns 64,093 shares of the company’s stock worth $8,159,000 after purchasing an additional 4,484 shares during the period. Sequoia Financial Advisors LLC grew its stake in shares of Vanguard Financials ETF by 2.5% in the second quarter. Sequoia Financial Advisors LLC now owns 4,229 shares of the company’s stock worth $538,000 after purchasing an additional 102 shares during the last quarter. 17 Capital Partners LLC increased its holdings in Vanguard Financials ETF by 13.7% during the 2nd quarter. 17 Capital Partners LLC now owns 8,888 shares of the company’s stock valued at $1,131,000 after purchasing an additional 1,073 shares during the period. Finally, CW Advisors LLC increased its holdings in Vanguard Financials ETF by 27.0% during the 2nd quarter. CW Advisors LLC now owns 41,103 shares of the company’s stock valued at $5,233,000 after purchasing an additional 8,751 shares during the period. 61.65% of the stock is owned by institutional investors.

Vanguard Financials ETF Stock Performance

VFH traded up $1.09 during midday trading on Wednesday, hitting $132.26. The stock had a trading volume of 489,146 shares, compared to its average volume of 656,382. Vanguard Financials ETF has a 1 year low of $100.87 and a 1 year high of $137.89. The business has a fifty day moving average of $132.83 and a 200 day moving average of $130.46. The company has a market cap of $13.27 billion, a P/E ratio of 17.56 and a beta of 1.02.

Vanguard Financials ETF Company Profile

Vanguard Financials ETF (the Fund) is an exchange-traded share class of Vanguard Financials 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 Financials Index, an index of stocks of large, medium and small United States companies in the financials sector, as classified under the Global Industry Classification Standard (GICS). This GICS sector is made up of companies involved in activities, such as banking, mortgage finance, consumer finance, specialized finance, investment banking and brokerage, asset management and custody, corporate lending, insurance, financial investment, and real estate (including real estate investment trusts).