Vanguard Mid-Cap Growth ETF (NYSEARCA:VOT) Sees Large Drop in Short Interest

Vanguard Mid-Cap Growth ETF (NYSEARCA:VOT) saw a large decrease in short interest in August. As of August 14th, there was short interest totaling 140,275 shares, a decrease of 43.9% from the July 30th total of 249,946 shares. Based on an average daily volume of 172,908 shares, the short-interest ratio is presently 0.8 days. Approximately 0.2% of the company’s shares are sold short.

Vanguard Mid-Cap Growth ETF Trading Down 1.7%

NYSEARCA VOT traded down $5.24 during trading hours on Tuesday, hitting $296.79. 264,091 shares of the company’s stock were exchanged, compared to its average volume of 223,470. The firm has a market cap of $19.29 billion, a price-to-earnings ratio of 31.98 and a beta of 1.16. The stock has a 50-day simple moving average of $301.75 and a 200 day simple moving average of $287.82. Vanguard Mid-Cap Growth ETF has a 1-year low of $248.23 and a 1-year high of $315.14.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Morgan Stanley increased its stake in Vanguard Mid-Cap Growth ETF by 1.5% in the fourth quarter. Morgan Stanley now owns 2,972,164 shares of the company’s stock valued at $829,650,000 after purchasing an additional 43,368 shares in the last quarter. Bank of America Corp DE grew its stake in shares of Vanguard Mid-Cap Growth ETF by 2.6% in the 1st quarter. Bank of America Corp DE now owns 2,157,636 shares of the company’s stock valued at $555,268,000 after buying an additional 54,788 shares during the period. Wells Fargo & Company MN grew its stake in shares of Vanguard Mid-Cap Growth ETF by 2.6% in the 4th quarter. Wells Fargo & Company MN now owns 1,615,293 shares of the company’s stock valued at $450,893,000 after buying an additional 40,251 shares during the period. EP Wealth Advisors LLC bought a new stake in Vanguard Mid-Cap Growth ETF in the 4th quarter valued at about $392,288,000. Finally, PNC Financial Services Group Inc. raised its stake in Vanguard Mid-Cap Growth ETF by 1.0% during the 1st quarter. PNC Financial Services Group Inc. now owns 1,114,697 shares of the company’s stock worth $286,867,000 after buying an additional 10,638 shares during the period.

Vanguard Mid-Cap Growth ETF Company Profile

Vanguard Mid-Cap Growth ETF (the Fund) is an exchange-traded share class of Vanguard Mid-Cap Growth Index Fund, which employs a passive management or indexing investment approach designed to track the performance of the MSCI US Mid Cap Growth Index (the Index). The Index is a diversified index of growth stocks of medium-size United States companies. The Fund attempts to replicate the target Index by investing all, or substantially all, of its assets in the stocks that make up the Index, holding each stock in approximately the same proportion as its weighting in the Index.