Short Interest in Vanguard Consumer Staples ETF (NYSEARCA:VDC) Expands By 90.3%

Vanguard Consumer Staples ETF (NYSEARCA:VDC) was the recipient of a large increase in short interest in June. As of June 30th, there was short interest totaling 207,593 shares, an increase of 90.3% from the June 15th total of 109,093 shares. Based on an average daily trading volume, of 152,363 shares, the days-to-cover ratio is currently 1.4 days. Approximately 0.6% of the shares of the company are sold short.

Hedge Funds Weigh In On Vanguard Consumer Staples ETF

Hedge funds have recently bought and sold shares of the business. Taylor & Morgan Wealth Management LLC acquired a new stake in Vanguard Consumer Staples ETF in the 2nd quarter worth about $352,000. JFS Wealth Advisors LLC bought a new stake in Vanguard Consumer Staples ETF in the 2nd quarter valued at about $25,000. Canvas Wealth Advisors LLC acquired a new position in shares of Vanguard Consumer Staples ETF during the 2nd quarter worth approximately $923,000. Hennion & Walsh Asset Management Inc. grew its position in shares of Vanguard Consumer Staples ETF by 21.2% during the 2nd quarter. Hennion & Walsh Asset Management Inc. now owns 1,915 shares of the company’s stock worth $432,000 after purchasing an additional 335 shares in the last quarter. Finally, Beacon Investment Advisory Services Inc. grew its position in shares of Vanguard Consumer Staples ETF by 22.1% during the 2nd quarter. Beacon Investment Advisory Services Inc. now owns 392 shares of the company’s stock worth $88,000 after purchasing an additional 71 shares in the last quarter.

Vanguard Consumer Staples ETF Trading Up 2.7%

VDC stock traded up $6.00 during trading hours on Thursday, hitting $232.34. 132,007 shares of the stock were exchanged, compared to its average volume of 176,384. Vanguard Consumer Staples ETF has a 12 month low of $205.45 and a 12 month high of $244.33. The firm has a market capitalization of $8.03 billion, a P/E ratio of 22.76 and a beta of 0.50. The company has a 50-day simple moving average of $228.32 and a two-hundred day simple moving average of $227.87.

Vanguard Consumer Staples ETF Company Profile

Vanguard Consumer Staples ETF (the Fund) is an exchange-traded share class of Vanguard Consumer Staples Index Fund, which seeks to track the investment performance of the MSCI US Investable Market Consumer Staples 25/50 Index, a benchmark of large-, mid-, and small-cap United States stocks in the consumer staples sector, as classified under the Global Industry Classification Standard (GICS). This GICS sector is made up of companies whose businesses are less sensitive to economic cycles. It includes manufacturers and distributors of food, beverages, and tobacco, as well as producers of nondurable household goods and personal products.