Vanguard Global ex-U.S. Real Estate ETF (NASDAQ:VNQI) Sees Significant Drop in Short Interest

Vanguard Global ex-U.S. Real Estate ETF (NASDAQ:VNQI) saw a significant drop in short interest during the month of December. As of December 31st, there was short interest totaling 862,249 shares, a drop of 33.4% from the December 15th total of 1,295,466 shares. Currently, 1.1% of the company’s shares are sold short. Based on an average trading volume of 307,880 shares, the days-to-cover ratio is presently 2.8 days. Based on an average trading volume of 307,880 shares, the days-to-cover ratio is presently 2.8 days. Currently, 1.1% of the company’s shares are sold short.

Vanguard Global ex-U.S. Real Estate ETF Stock Performance

Shares of NASDAQ VNQI traded up $0.08 during mid-day trading on Friday, reaching $47.39. 64,390 shares of the company’s stock were exchanged, compared to its average volume of 233,212. The firm has a market capitalization of $3.65 billion, a price-to-earnings ratio of 16.56 and a beta of 0.76. Vanguard Global ex-U.S. Real Estate ETF has a 52-week low of $37.52 and a 52-week high of $48.54. The company’s 50-day moving average is $46.96 and its 200-day moving average is $47.01.

Hedge Funds Weigh In On Vanguard Global ex-U.S. Real Estate ETF

Hedge funds have recently made changes to their positions in the stock. Brighton Jones LLC grew its stake in shares of Vanguard Global ex-U.S. Real Estate ETF by 88.8% in the fourth quarter. Brighton Jones LLC now owns 18,977 shares of the company’s stock valued at $751,000 after buying an additional 8,928 shares in the last quarter. Royal Bank of Canada grew its position in Vanguard Global ex-U.S. Real Estate ETF by 3.2% in the 1st quarter. Royal Bank of Canada now owns 68,177 shares of the company’s stock valued at $2,759,000 after acquiring an additional 2,093 shares in the last quarter. AQR Capital Management LLC purchased a new stake in Vanguard Global ex-U.S. Real Estate ETF during the first quarter worth about $206,000. Balefire LLC acquired a new stake in shares of Vanguard Global ex-U.S. Real Estate ETF during the second quarter worth about $221,000. Finally, Focus Financial Network Inc. acquired a new position in shares of Vanguard Global ex-U.S. Real Estate ETF in the second quarter valued at approximately $209,000.

About Vanguard Global ex-U.S. Real Estate ETF

The Vanguard Global ex-U.S. Real Estate ETF (VNQI) is an exchange-traded fund that is based on the S&P Global x United States Property index, a market-cap-weighted index of non-US real estate investment trusts. VNQI was launched on Nov 1, 2010 and is managed by Vanguard.