Vanguard FTSE Pacific ETF (NYSEARCA:VPL) Sees Large Decrease in Short Interest

Vanguard FTSE Pacific ETF (NYSEARCA:VPL) was the target of a significant decline in short interest in June. As of June 15th, there was short interest totaling 242,174 shares, a decline of 65.3% from the May 31st total of 698,667 shares. Based on an average daily volume of 543,433 shares, the short-interest ratio is currently 0.4 days. Approximately 0.3% of the shares of the stock are sold short.

Institutional Trading of Vanguard FTSE Pacific ETF

Several large investors have recently bought and sold shares of the business. Focus Partners Wealth bought a new position in Vanguard FTSE Pacific ETF in the first quarter valued at about $688,000. First Trust Advisors LP lifted its holdings in shares of Vanguard FTSE Pacific ETF by 2.0% in the second quarter. First Trust Advisors LP now owns 32,447 shares of the company’s stock worth $2,666,000 after acquiring an additional 622 shares during the last quarter. Brown Advisory Inc. lifted its holdings in shares of Vanguard FTSE Pacific ETF by 2.0% in the second quarter. Brown Advisory Inc. now owns 6,404 shares of the company’s stock worth $526,000 after acquiring an additional 125 shares during the last quarter. Qube Research & Technologies Ltd boosted its stake in shares of Vanguard FTSE Pacific ETF by 679.6% in the 2nd quarter. Qube Research & Technologies Ltd now owns 1,185 shares of the company’s stock valued at $97,000 after purchasing an additional 1,033 shares in the last quarter. Finally, NewEdge Advisors LLC boosted its stake in shares of Vanguard FTSE Pacific ETF by 24.8% in the 2nd quarter. NewEdge Advisors LLC now owns 62,910 shares of the company’s stock valued at $5,170,000 after purchasing an additional 12,515 shares in the last quarter.

Vanguard FTSE Pacific ETF Stock Down 1.1%

Shares of VPL stock traded down $1.25 during trading hours on Friday, reaching $115.05. The company’s stock had a trading volume of 228,650 shares, compared to its average volume of 1,277,705. The firm’s 50 day simple moving average is $112.32 and its 200-day simple moving average is $103.20. The company has a market capitalization of $8.82 billion, a price-to-earnings ratio of 14.65 and a beta of 0.80. Vanguard FTSE Pacific ETF has a fifty-two week low of $80.29 and a fifty-two week high of $121.23.

Vanguard FTSE Pacific ETF Company Profile

Vanguard FTSE Pacific ETF, formerly Vanguard MSCI Pacific ETF, is an exchange-traded share class of Vanguard Pacific Stock Index Fund. The Fund seeks to track the investment performance of the MSCI Pacific Index that consists of common stocks of companies located in Japan, Australia, Hong Kong, New Zealand and Singapore. The Fund employs a passive management or indexing investment approach by investing all, or substantially all, of its assets in the common stocks included in the MSCI Pacific Index (the Index).