Vanguard FTSE Europe ETF (NYSEARCA:VGK) Sees Large Drop in Short Interest

Vanguard FTSE Europe ETF (NYSEARCA:VGK) was the target of a significant decrease in short interest during the month of December. As of December 31st, there was short interest totaling 1,697,897 shares, a decrease of 48.0% from the December 15th total of 3,266,280 shares. Currently, 0.5% of the shares of the stock are sold short. Based on an average trading volume of 2,341,476 shares, the days-to-cover ratio is currently 0.7 days. Based on an average trading volume of 2,341,476 shares, the days-to-cover ratio is currently 0.7 days. Currently, 0.5% of the shares of the stock are sold short.

Vanguard FTSE Europe ETF Stock Up 0.3%

Shares of Vanguard FTSE Europe ETF stock traded up $0.26 during trading on Friday, reaching $86.17. The company’s stock had a trading volume of 1,799,211 shares, compared to its average volume of 3,198,865. Vanguard FTSE Europe ETF has a 52-week low of $62.02 and a 52-week high of $86.25. The firm’s 50-day moving average is $82.72 and its two-hundred day moving average is $80.26. The company has a market cap of $30.28 billion, a price-to-earnings ratio of 16.04 and a beta of 0.93.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. ORG Wealth Partners LLC grew its position in Vanguard FTSE Europe ETF by 72.6% during the 3rd quarter. ORG Wealth Partners LLC now owns 309 shares of the exchange traded fund’s stock worth $25,000 after acquiring an additional 130 shares during the last quarter. Horizons Wealth Management purchased a new stake in shares of Vanguard FTSE Europe ETF during the fourth quarter valued at approximately $26,000. Beaird Harris Wealth Management LLC bought a new position in shares of Vanguard FTSE Europe ETF in the third quarter worth approximately $28,000. North Star Investment Management Corp. increased its stake in shares of Vanguard FTSE Europe ETF by 833.3% in the second quarter. North Star Investment Management Corp. now owns 364 shares of the exchange traded fund’s stock worth $28,000 after buying an additional 325 shares during the period. Finally, Kilter Group LLC bought a new stake in Vanguard FTSE Europe ETF during the 2nd quarter valued at $30,000.

About Vanguard FTSE Europe ETF

Vanguard European Stock Index Fund is an exchange-traded fund. The Fund seeks to track the performance of a benchmark index that measures the investment return of stocks issued by Companies located in the markets of Europe. The Fund on focuses indexing investment approach by investing all, or substantially all, of its assets in the common stocks included in the FTSE Developed Europe All Cap Index. The Fund’s investment advisor is The Vanguard Group, Inc