Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG) Short Interest Up 259.5% in July

Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG) was the recipient of a large increase in short interest during the month of July. As of July 15th, there was short interest totaling 18,247 shares, an increase of 259.5% from the June 30th total of 5,075 shares. Approximately 0.3% of the shares of the company are sold short. Based on an average trading volume of 17,827 shares, the days-to-cover ratio is presently 1.0 days.

Institutional Investors Weigh In On Vanguard Russell 2000 Growth ETF

Hedge funds have recently added to or reduced their stakes in the stock. Vermillion Wealth Management Inc. grew its holdings in shares of Vanguard Russell 2000 Growth ETF by 16.3% in the first quarter. Vermillion Wealth Management Inc. now owns 12,732 shares of the company’s stock worth $2,916,000 after acquiring an additional 1,781 shares during the period. Elm3 Financial Group LLC purchased a new stake in Vanguard Russell 2000 Growth ETF during the fourth quarter valued at $754,000. Systelligence LLC bought a new position in Vanguard Russell 2000 Growth ETF in the fourth quarter valued at about $17,186,000. Kelsey Financial LLC bought a new position in Vanguard Russell 2000 Growth ETF in the fourth quarter valued at about $531,000. Finally, Fifth Third Bancorp bought a new position in Vanguard Russell 2000 Growth ETF in the first quarter valued at about $2,392,000.

Vanguard Russell 2000 Growth ETF Stock Up 1.1%

Shares of VTWG stock opened at $273.10 on Tuesday. The company has a 50 day moving average price of $277.48 and a 200-day moving average price of $258.09. Vanguard Russell 2000 Growth ETF has a 52 week low of $205.16 and a 52 week high of $289.14. The firm has a market capitalization of $1.48 billion, a PE ratio of 20.82 and a beta of 1.19.

Vanguard Russell 2000 Growth ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 23rd. Investors of record on Thursday, June 18th were issued a $0.4245 dividend. This is an increase from Vanguard Russell 2000 Growth ETF’s previous quarterly dividend of $0.32. This represents a $1.70 annualized dividend and a yield of 0.6%. The ex-dividend date was Thursday, June 18th.

About Vanguard Russell 2000 Growth ETF

The Vanguard Russell 2000 Growth ETF (VTWG) is an exchange-traded fund that is based on the Russell 2000 Growth index. The fund tracks an index of US small-cap growth stocks. Holdings are selected and weighted based on EPS growth estimates and historical sales growth. VTWG was launched on Sep 20, 2010 and is managed by Vanguard.