Short Interest in Vanguard Mega Cap ETF (NYSEARCA:MGC) Declines By 51.8%

Vanguard Mega Cap ETF (NYSEARCA:MGC) was the recipient of a significant decrease in short interest during the month of June. As of June 30th, there was short interest totaling 14,811 shares, a decrease of 51.8% from the June 15th total of 30,718 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 107,364 shares, the short-interest ratio is currently 0.1 days.

Vanguard Mega Cap ETF Price Performance

MGC stock opened at $274.27 on Tuesday. The company has a market capitalization of $10.03 billion, a PE ratio of 26.06 and a beta of 1.01. Vanguard Mega Cap ETF has a 12 month low of $225.44 and a 12 month high of $280.10. The firm’s 50-day moving average is $272.97 and its 200 day moving average is $257.80.

Hedge Funds Weigh In On Vanguard Mega Cap ETF

A number of hedge funds have recently added to or reduced their stakes in MGC. Valeo Financial Advisors LLC purchased a new position in shares of Vanguard Mega Cap ETF during the second quarter worth approximately $207,000. Colorado Capital Management Inc. raised its stake in shares of Vanguard Mega Cap ETF by 4.3% during the second quarter. Colorado Capital Management Inc. now owns 62,091 shares of the company’s stock valued at $16,990,000 after acquiring an additional 2,570 shares in the last quarter. Praetorian Wealth Management Inc. raised its stake in shares of Vanguard Mega Cap ETF by 1.8% during the second quarter. Praetorian Wealth Management Inc. now owns 94,598 shares of the company’s stock valued at $25,885,000 after acquiring an additional 1,696 shares in the last quarter. Orser Capital Management LLC purchased a new stake in shares of Vanguard Mega Cap ETF in the second quarter valued at approximately $1,126,000. Finally, SFM LLC purchased a new stake in shares of Vanguard Mega Cap ETF in the second quarter valued at approximately $2,974,000.

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.