Vanguard Communication Services ETF (NYSEARCA:VOX) Sees Large Growth in Short Interest

Vanguard Communication Services ETF (NYSEARCA:VOX) saw a significant growth in short interest in the month of October. As of October 30th, there was short interest totaling 212,757 shares, a growth of 166.8% from the October 15th total of 79,758 shares. Currently, 0.7% of the company’s shares are short sold. Based on an average trading volume of 566,001 shares, the short-interest ratio is presently 0.4 days.

Institutional Investors Weigh In On Vanguard Communication Services ETF

Hedge funds have recently bought and sold shares of the stock. Whittier Trust Co. raised its holdings in Vanguard Communication Services ETF by 4.4% in the third quarter. Whittier Trust Co. now owns 1,434 shares of the company’s stock valued at $273,000 after acquiring an additional 60 shares in the last quarter. Vivaldi Capital Management LP grew its holdings in Vanguard Communication Services ETF by 2.4% during the 1st quarter. Vivaldi Capital Management LP now owns 3,322 shares of the company’s stock worth $597,000 after acquiring an additional 79 shares in the last quarter. Center For Asset Management LLC grew its holdings in Vanguard Communication Services ETF by 6.3% during the 3rd quarter. Center For Asset Management LLC now owns 1,407 shares of the company’s stock worth $268,000 after acquiring an additional 84 shares in the last quarter. Triumph Capital Management raised its holdings in shares of Vanguard Communication Services ETF by 10.0% in the 3rd quarter. Triumph Capital Management now owns 960 shares of the company’s stock valued at $183,000 after purchasing an additional 87 shares in the last quarter. Finally, Absolute Capital Management LLC raised its holdings in shares of Vanguard Communication Services ETF by 0.3% in the 3rd quarter. Absolute Capital Management LLC now owns 26,073 shares of the company’s stock valued at $4,969,000 after purchasing an additional 90 shares in the last quarter.

Vanguard Communication Services ETF Price Performance

Shares of VOX opened at $181.99 on Friday. The firm has a 50-day simple moving average of $187.28 and a two-hundred day simple moving average of $188.87. The stock has a market cap of $5.72 billion, a PE ratio of 16.63 and a beta of 1.09. Vanguard Communication Services ETF has a 1-year low of $170.25 and a 1-year high of $200.77.

About Vanguard Communication Services ETF

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.