Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) Sees Significant Increase in Short Interest

Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) was the recipient of a significant growth in short interest in the month of June. As of June 15th, there was short interest totaling 14,398,501 shares, a growth of 72.5% from the May 31st total of 8,347,258 shares. Currently, 0.4% of the shares of the company are short sold. Based on an average daily trading volume, of 11,527,454 shares, the short-interest ratio is presently 1.2 days.

Hedge Funds Weigh In On Vanguard FTSE Developed Markets ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. JDM Financial Group LLC boosted its stake in shares of Vanguard FTSE Developed Markets ETF by 0.3% in the first quarter. JDM Financial Group LLC now owns 53,935 shares of the company’s stock valued at $3,456,000 after buying an additional 148 shares during the period. Cherry Creek Investment Advisors Inc. increased its stake in Vanguard FTSE Developed Markets ETF by 1.6% during the 1st quarter. Cherry Creek Investment Advisors Inc. now owns 9,836 shares of the company’s stock worth $630,000 after acquiring an additional 151 shares during the period. Mascagni Wealth Management Inc. raised its holdings in Vanguard FTSE Developed Markets ETF by 2.1% in the 4th quarter. Mascagni Wealth Management Inc. now owns 7,231 shares of the company’s stock valued at $452,000 after acquiring an additional 152 shares in the last quarter. Ironwood Investment Counsel LLC raised its holdings in Vanguard FTSE Developed Markets ETF by 0.4% in the 1st quarter. Ironwood Investment Counsel LLC now owns 39,675 shares of the company’s stock valued at $2,542,000 after acquiring an additional 153 shares in the last quarter. Finally, TL Private Wealth raised its holdings in Vanguard FTSE Developed Markets ETF by 1.7% in the 4th quarter. TL Private Wealth now owns 9,396 shares of the company’s stock valued at $606,000 after acquiring an additional 155 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Up 0.2%

Shares of NYSEARCA VEA traded up $0.14 during midday trading on Thursday, hitting $70.50. 14,098,866 shares of the company’s stock were exchanged, compared to its average volume of 16,439,518. The firm has a market capitalization of $226.88 billion, a PE ratio of 16.34 and a beta of 0.83. Vanguard FTSE Developed Markets ETF has a 12 month low of $55.68 and a 12 month high of $73.23. The company’s 50 day moving average price is $70.37 and its 200 day moving average price is $67.30.

Vanguard FTSE Developed Markets ETF Company Profile

The Vanguard Developed Markets Index Fund (VEA) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market-cap weighted index of large-, mid- and small-cap stocks from developed markets outside the US. VEA was launched on Jul 20, 2007 and is managed by Vanguard.