Vanguard Information Technology ETF (NYSEARCA:VGT) Sees Large Growth in Short Interest

Vanguard Information Technology ETF (NYSEARCA:VGT) was the target of a large growth in short interest in January. As of January 30th, there was short interest totaling 517,991 shares, a growth of 23.4% from the January 15th total of 419,615 shares. Based on an average daily volume of 553,258 shares, the short-interest ratio is presently 0.9 days. Approximately 0.3% of the company’s stock are short sold. Approximately 0.3% of the company’s stock are short sold. Based on an average daily volume of 553,258 shares, the short-interest ratio is presently 0.9 days.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the company. Uptick Partners LLC raised its position in Vanguard Information Technology ETF by 2.6% during the third quarter. Uptick Partners LLC now owns 518 shares of the exchange traded fund’s stock valued at $387,000 after purchasing an additional 13 shares in the last quarter. 49 Wealth Management LLC increased its position in shares of Vanguard Information Technology ETF by 3.7% during the 3rd quarter. 49 Wealth Management LLC now owns 362 shares of the exchange traded fund’s stock valued at $270,000 after purchasing an additional 13 shares during the last quarter. LongView Wealth Management raised its holdings in shares of Vanguard Information Technology ETF by 3.9% during the 3rd quarter. LongView Wealth Management now owns 374 shares of the exchange traded fund’s stock valued at $279,000 after buying an additional 14 shares in the last quarter. Center For Asset Management LLC lifted its position in Vanguard Information Technology ETF by 4.4% in the 4th quarter. Center For Asset Management LLC now owns 334 shares of the exchange traded fund’s stock worth $252,000 after buying an additional 14 shares during the last quarter. Finally, Roman Butler Fullerton & Co. boosted its stake in Vanguard Information Technology ETF by 2.4% in the fourth quarter. Roman Butler Fullerton & Co. now owns 587 shares of the exchange traded fund’s stock worth $442,000 after buying an additional 14 shares in the last quarter.

Vanguard Information Technology ETF Stock Performance

Shares of NYSEARCA:VGT opened at $737.84 on Thursday. The company has a market capitalization of $110.41 billion, a P/E ratio of 34.55 and a beta of 1.25. The company’s 50-day moving average is $752.20 and its 200 day moving average is $742.84. Vanguard Information Technology ETF has a fifty-two week low of $451.00 and a fifty-two week high of $806.99.

About Vanguard Information Technology ETF

Vanguard Information Technology ETF seeks to track the investment performance of the MSCI US Investable Market Information Technology 25/50 Index, a benchmark of large-, mid-, and small-cap United States stocks in the information technology sector, as classified under the Global Industry Classification Standard (GICS). This GICS sector is made up of companies in three areas: technology software and services, including companies that develop software in various fields (such as the Internet, applications, systems, databases, and/or home entertainment), and companies that provide information technology consulting and services, data processing, and outsourced services; technology hardware and equipment, including manufacturers and distributors of communications equipment, computers and peripherals and electronic equipment, and semiconductors and semiconductor equipment manufacturers.