Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) Short Interest Up 80.2% in July

Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) was the recipient of a large increase in short interest during the month of July. As of July 15th, there was short interest totaling 14,505,245 shares, an increase of 80.2% from the June 30th total of 8,051,245 shares. Based on an average daily volume of 13,162,534 shares, the days-to-cover ratio is presently 1.1 days. Approximately 0.4% of the shares of the stock are short sold.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of VEA stock traded up $2.14 during trading hours on Thursday, hitting $71.09. 13,215,316 shares of the company’s stock were exchanged, compared to its average volume of 15,729,598. The stock’s 50-day moving average is $70.81 and its 200-day moving average is $68.35. The stock has a market cap of $230.33 billion, a price-to-earnings ratio of 16.34 and a beta of 0.83. Vanguard FTSE Developed Markets ETF has a 52 week low of $55.68 and a 52 week high of $73.23.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in VEA. First Community Trust NA bought a new position in shares of Vanguard FTSE Developed Markets ETF in the second quarter worth about $37,000. Strategic Wealth Advisors LLC acquired a new position in shares of Vanguard FTSE Developed Markets ETF during the fourth quarter worth approximately $35,000. Quaker Wealth Management LLC grew its stake in shares of Vanguard FTSE Developed Markets ETF by 7,637.5% during the fourth quarter. Quaker Wealth Management LLC now owns 619 shares of the company’s stock valued at $39,000 after purchasing an additional 611 shares during the last quarter. Scarborough Advisors LLC acquired a new stake in shares of Vanguard FTSE Developed Markets ETF in the first quarter valued at approximately $40,000. Finally, Strategic Advocates LLC increased its holdings in shares of Vanguard FTSE Developed Markets ETF by 66.1% in the fourth quarter. Strategic Advocates LLC now owns 623 shares of the company’s stock valued at $39,000 after purchasing an additional 248 shares in the last quarter.

About Vanguard FTSE Developed Markets ETF

The Vanguard Developed Markets Index Fund (VEA) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market-cap weighted index of large-, mid- and small-cap stocks from developed markets outside the US. VEA was launched on Jul 20, 2007 and is managed by Vanguard.