Vanguard S&P 500 ETF (NYSEARCA:VOO) Sees Significant Drop in Short Interest

Vanguard S&P 500 ETF (NYSEARCA:VOO) saw a significant drop in short interest during the month of January. As of January 30th, there was short interest totaling 4,135,702 shares, a drop of 25.7% from the January 15th total of 5,565,556 shares. Approximately 0.3% of the company’s shares are sold short. Based on an average daily trading volume, of 7,812,617 shares, the days-to-cover ratio is currently 0.5 days. Based on an average daily trading volume, of 7,812,617 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.3% of the company’s shares are sold short.

Vanguard S&P 500 ETF Stock Up 0.1%

NYSEARCA:VOO traded up $0.40 during mid-day trading on Friday, hitting $626.89. 9,300,462 shares of the stock traded hands, compared to its average volume of 9,126,243. Vanguard S&P 500 ETF has a 52 week low of $442.80 and a 52 week high of $641.81. The stock has a market capitalization of $838.92 billion, a price-to-earnings ratio of 24.97 and a beta of 1.00. The firm’s 50 day moving average is $632.31 and its two-hundred day moving average is $616.19.

Institutional Investors Weigh In On Vanguard S&P 500 ETF

Hedge funds and other institutional investors have recently modified their holdings of the business. Brighton Jones LLC boosted its holdings in shares of Vanguard S&P 500 ETF by 6.5% in the fourth quarter. Brighton Jones LLC now owns 34,524 shares of the company’s stock valued at $18,602,000 after purchasing an additional 2,112 shares during the period. Bison Wealth LLC grew its holdings in Vanguard S&P 500 ETF by 6.1% during the 4th quarter. Bison Wealth LLC now owns 4,790 shares of the company’s stock worth $2,581,000 after acquiring an additional 277 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new position in Vanguard S&P 500 ETF during the 1st quarter valued at about $87,000. Wellington Capital Management Inc. bought a new stake in shares of Vanguard S&P 500 ETF in the 2nd quarter valued at about $332,000. Finally, Matrix Asset Advisors Inc. NY lifted its position in shares of Vanguard S&P 500 ETF by 9.3% in the 2nd quarter. Matrix Asset Advisors Inc. NY now owns 24,444 shares of the company’s stock worth $13,885,000 after purchasing an additional 2,089 shares during the period.

About Vanguard S&P 500 ETF

Vanguard 500 Index Fund (the Fund) is an open-end investment company, or mutual fund. The Fund offers four classes of shares: Investor Shares, Admiral Shares, Signal Shares, and Exchange Traded Fund (ETF) Shares. The Fund seeks to track the investment performance of the Standard & Poor’s 500 Index, an unmanaged benchmark representing the United States large-capitalization stocks. The Fund employs a passive management-or indexing-investment approach designed to track the performance of the Standard & Poor’s 500 Index.