Vanguard Health Care ETF (NYSEARCA:VHT) Sees Large Increase in Short Interest

Vanguard Health Care ETF (NYSEARCA:VHT) was the recipient of a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 251,707 shares, a growth of 83.5% from the August 15th total of 137,163 shares. Based on an average daily trading volume, of 224,417 shares, the short-interest ratio is currently 1.1 days. Approximately 0.4% of the company’s stock are short sold.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Versant Capital Management Inc raised its position in shares of Vanguard Health Care ETF by 241.7% in the 2nd quarter. Versant Capital Management Inc now owns 82 shares of the company’s stock valued at $25,000 after purchasing an additional 58 shares in the last quarter. AG Campbell Advisory LLC acquired a new stake in shares of Vanguard Health Care ETF during the fourth quarter worth approximately $36,000. Root Financial Partners LLC bought a new stake in shares of Vanguard Health Care ETF in the fourth quarter worth $37,000. Bangor Savings Bank acquired a new stake in Vanguard Health Care ETF in the second quarter valued at $40,000. Finally, Turtle Creek Wealth Advisors LLC bought a new position in Vanguard Health Care ETF during the 1st quarter valued at $41,000.

Vanguard Health Care ETF Trading Up 0.3%

NYSEARCA:VHT traded up $0.95 on Wednesday, reaching $315.51. The stock had a trading volume of 22,047 shares, compared to its average volume of 227,645. The company has a 50-day moving average of $313.03 and a 200 day moving average of $291.53. The stock has a market cap of $18.78 billion, a P/E ratio of 20.85 and a beta of 0.60. Vanguard Health Care ETF has a 12-month low of $249.57 and a 12-month high of $330.75.

About Vanguard Health Care ETF

Vanguard Health Care ETF seeks to track the investment performance of the MSCI US Investable Market Health Care 25/50 Index, a benchmark of large-, mid-, and small-cap United States stocks in the health care sector, as classified under the Global Industry Classification Standard (GICS). This GICS sector is made up of two main industry groups. The first group includes companies that manufacture health care equipment and supplies or provide health care related services (such as distributors of health care products, providers of basic health care services, and owners and operators of health care facilities and organizations).