Vanguard Mega Cap Value ETF (NYSEARCA:MGV) Short Interest Update

Vanguard Mega Cap Value ETF (NYSEARCA:MGV) saw a significant decline in short interest in the month of December. As of December 31st, there was short interest totaling 79,120 shares, a decline of 24.8% from the December 15th total of 105,163 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 219,984 shares, the days-to-cover ratio is presently 0.4 days. Based on an average daily trading volume, of 219,984 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.1% of the shares of the company are short sold.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in MGV. NorthRock Partners LLC lifted its position in Vanguard Mega Cap Value ETF by 100.0% during the second quarter. NorthRock Partners LLC now owns 188 shares of the company’s stock valued at $25,000 after purchasing an additional 94 shares during the last quarter. Proathlete Wealth Management LLC bought a new position in shares of Vanguard Mega Cap Value ETF in the 2nd quarter valued at about $25,000. Cornerstone Planning Group LLC purchased a new position in Vanguard Mega Cap Value ETF in the third quarter worth about $28,000. Root Financial Partners LLC bought a new stake in Vanguard Mega Cap Value ETF during the third quarter worth approximately $29,000. Finally, Kilter Group LLC bought a new stake in shares of Vanguard Mega Cap Value ETF in the 2nd quarter valued at approximately $29,000.

Vanguard Mega Cap Value ETF Stock Performance

Shares of NYSEARCA MGV traded up $0.27 during trading on Friday, hitting $146.87. The company had a trading volume of 211,805 shares, compared to its average volume of 263,768. Vanguard Mega Cap Value ETF has a 12 month low of $112.25 and a 12 month high of $147.18. The firm has a market capitalization of $11.17 billion, a P/E ratio of 18.48 and a beta of 0.80. The stock has a 50 day simple moving average of $141.24 and a 200 day simple moving average of $137.13.

Vanguard Mega Cap Value ETF Company Profile

Vanguard Mega Cap Value ETF, formerly Vanguard Mega Cap 300 Value Index ETF, seeks to track the performance of a benchmark index that measures the investment return of the largest-capitalization value stocks in the United States. The Fund employs a passive management or indexing investment approach designed to track the performance of the Morgan Stanley Capital International (MSCI) US Large-Cap Value Index, which represents the value companies of the MSCI US Large-Cap 300 Index. The Fund will invest at least 80% of its assets in the stocks that make up its target Index.