Vanguard Health Care ETF (NYSEARCA:VHT) Sees Significant Decrease in Short Interest

Vanguard Health Care ETF (NYSEARCA:VHT) was the recipient of a significant decline in short interest in June. As of June 30th, there was short interest totaling 118,905 shares, a decline of 56.2% from the June 15th total of 271,508 shares. Based on an average daily volume of 324,002 shares, the short-interest ratio is presently 0.4 days. Approximately 0.2% of the company’s stock are sold short.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Versant Capital Management Inc increased its holdings in shares of Vanguard Health Care ETF by 241.7% during the second quarter. Versant Capital Management Inc now owns 82 shares of the company’s stock valued at $25,000 after acquiring an additional 58 shares in the last quarter. KERR FINANCIAL PLANNING Corp bought a new position in shares of Vanguard Health Care ETF in the 3rd quarter worth $26,000. Newbridge Financial Services Group Inc. grew its position in Vanguard Health Care ETF by 162.5% in the 4th quarter. Newbridge Financial Services Group Inc. now owns 105 shares of the company’s stock valued at $30,000 after purchasing an additional 65 shares during the period. Proathlete Wealth Management LLC grew its position in Vanguard Health Care ETF by 2,625.0% in the 4th quarter. Proathlete Wealth Management LLC now owns 109 shares of the company’s stock valued at $31,000 after purchasing an additional 105 shares during the period. Finally, AG Campbell Advisory LLC bought a new stake in Vanguard Health Care ETF during the 4th quarter valued at $36,000.

Vanguard Health Care ETF Price Performance

Shares of VHT stock traded down $4.65 on Tuesday, reaching $298.94. 151,709 shares of the company were exchanged, compared to its average volume of 234,509. The company has a market cap of $17.79 billion, a price-to-earnings ratio of 20.85 and a beta of 0.60. The company has a 50-day moving average of $285.18 and a 200-day moving average of $283.99. Vanguard Health Care ETF has a one year low of $237.23 and a one year high of $311.67.

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).