Vanguard Mega Cap ETF (NYSEARCA:MGC) Sees Significant Increase in Short Interest

Vanguard Mega Cap ETF (NYSEARCA:MGC) was the target of a significant increase in short interest in January. As of January 30th, there was short interest totaling 43,831 shares, an increase of 74.9% from the January 15th total of 25,055 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average trading volume of 241,722 shares, the short-interest ratio is presently 0.2 days. Based on an average trading volume of 241,722 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the company’s shares are short sold.

Institutional Trading of Vanguard Mega Cap ETF

Hedge funds and other institutional investors have recently modified their holdings of the business. Kilter Group LLC acquired a new position in Vanguard Mega Cap ETF during the second quarter valued at $26,000. St. Johns Investment Management Company LLC acquired a new position in shares of Vanguard Mega Cap ETF in the 2nd quarter valued at about $34,000. Collier Financial purchased a new stake in shares of Vanguard Mega Cap ETF in the third quarter worth approximately $37,000. Blue Trust Inc. acquired a new stake in shares of Vanguard Mega Cap ETF during the fourth quarter worth approximately $48,000. Finally, Howe & Rusling Inc. acquired a new stake in shares of Vanguard Mega Cap ETF during the third quarter worth approximately $60,000.

Vanguard Mega Cap ETF Stock Down 0.2%

Shares of MGC stock traded down $0.57 during trading hours on Friday, reaching $247.66. 134,719 shares of the stock traded hands, compared to its average volume of 148,554. The firm has a market capitalization of $9.72 billion, a PE ratio of 26.06 and a beta of 1.01. Vanguard Mega Cap ETF has a 1-year low of $173.32 and a 1-year high of $255.75. The business has a fifty day moving average price of $252.11 and a 200 day moving average price of $245.69.

Vanguard Mega Cap ETF Company Profile

The Vanguard Mega Cap ETF (MGC) is an exchange-traded fund that is based on the CRSP US Mega Cap index, a market-cap-weighted index that covers 70% of the market capitalization of the US equity market. MGC was launched on Dec 24, 2007 and is managed by Vanguard.