Vanguard Communication Services ETF (NYSEARCA:VOX) Sees Significant Drop in Short Interest

Vanguard Communication Services ETF (NYSEARCA:VOX) was the target of a significant decline in short interest in the month of July. As of July 15th, there was short interest totaling 132,373 shares, a decline of 59.7% from the June 30th total of 328,599 shares. Based on an average daily trading volume, of 398,706 shares, the short-interest ratio is presently 0.3 days. Approximately 0.4% of the company’s shares are short sold.

Vanguard Communication Services ETF Stock Performance

VOX opened at $179.81 on Monday. The stock has a market cap of $5.53 billion, a price-to-earnings ratio of 18.46 and a beta of 1.05. The stock’s 50 day moving average price is $189.28 and its 200-day moving average price is $190.41. Vanguard Communication Services ETF has a one year low of $170.83 and a one year high of $200.77.

Hedge Funds Weigh In On Vanguard Communication Services ETF

A number of large investors have recently bought and sold shares of VOX. Advisors Management Group Inc. ADV increased its stake in Vanguard Communication Services ETF by 1.0% in the first quarter. Advisors Management Group Inc. ADV now owns 5,327 shares of the company’s stock worth $958,000 after purchasing an additional 54 shares during the period. Private Advisor Group LLC boosted its stake in shares of Vanguard Communication Services ETF by 0.4% during the first quarter. Private Advisor Group LLC now owns 13,806 shares of the company’s stock valued at $2,483,000 after purchasing an additional 55 shares during the period. KDK Private Wealth Management LLC boosted its stake in shares of Vanguard Communication Services ETF by 0.9% during the first quarter. KDK Private Wealth Management LLC now owns 6,314 shares of the company’s stock valued at $1,136,000 after purchasing an additional 56 shares during the period. Citizens Financial Group Inc. RI grew its holdings in shares of Vanguard Communication Services ETF by 0.9% in the fourth quarter. Citizens Financial Group Inc. RI now owns 6,404 shares of the company’s stock worth $1,240,000 after purchasing an additional 57 shares during the last quarter. Finally, Harbor Asset Planning Inc. grew its holdings in shares of Vanguard Communication Services ETF by 3.4% in the fourth quarter. Harbor Asset Planning Inc. now owns 1,760 shares of the company’s stock worth $341,000 after purchasing an additional 58 shares during the last quarter.

Vanguard Communication Services ETF Company Profile

Vanguard Telecommunication Services ETF (the Fund) seeks to track the performance of a benchmark index that measures the investment return of telecommunication services stocks. The Fund seeks to track the performance of the MSCI US Investable Market Telecommunication Services 25/50 Index. The MSCI US Investable Market Telecommunication Services 25/50 Index includes stocks of the United States companies within the telecommunication services sector. The sector is made up of companies that provide communications services primarily through fixed-line, cellular, wireless, high-bandwidth, and/or fiber-optic cable networks.