Vanguard Mega Cap Value ETF (NYSEARCA:MGV) Short Interest Up 110.0% in July

Vanguard Mega Cap Value ETF (NYSEARCA:MGV) was the recipient of a significant growth in short interest during the month of July. As of July 31st, there was short interest totaling 184,727 shares, a growth of 110.0% from the July 15th total of 87,970 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average trading volume of 225,650 shares, the short-interest ratio is currently 0.8 days.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Amara Financial LLC. lifted its stake in Vanguard Mega Cap Value ETF by 8.6% in the fourth quarter. Amara Financial LLC. now owns 57,216 shares of the company’s stock valued at $8,077,000 after buying an additional 4,520 shares during the period. Merit Financial Group LLC boosted its holdings in shares of Vanguard Mega Cap Value ETF by 51.7% during the 4th quarter. Merit Financial Group LLC now owns 1,261,768 shares of the company’s stock worth $178,111,000 after buying an additional 429,853 shares in the last quarter. Oxinas Partners LLC acquired a new stake in shares of Vanguard Mega Cap Value ETF during the 4th quarter worth approximately $1,040,000. Matthew Goff Investment Advisor LLC acquired a new stake in shares of Vanguard Mega Cap Value ETF during the 1st quarter worth approximately $1,597,000. Finally, Florida Financial Advisors LLC increased its stake in shares of Vanguard Mega Cap Value ETF by 26.1% in the 4th quarter. Florida Financial Advisors LLC now owns 16,207 shares of the company’s stock valued at $2,288,000 after acquiring an additional 3,353 shares in the last quarter.

Vanguard Mega Cap Value ETF Stock Performance

Shares of NYSEARCA:MGV opened at $168.84 on Monday. Vanguard Mega Cap Value ETF has a 52 week low of $132.74 and a 52 week high of $169.05. The firm has a market cap of $13.62 billion, a PE ratio of 18.48 and a beta of 0.72. The firm’s fifty day moving average is $163.61 and its 200-day moving average is $155.41.

Vanguard Mega Cap Value ETF Company Profile

Vanguard Mega Cap Value ETF, formerly Vanguard Mega Cap 300 Value Index ETF, seeks to track the performance of a benchmark index that measures the investment return of the largest-capitalization value stocks in the United States. The Fund employs a passive management or indexing investment approach designed to track the performance of the Morgan Stanley Capital International (MSCI) US Large-Cap Value Index, which represents the value companies of the MSCI US Large-Cap 300 Index. The Fund will invest at least 80% of its assets in the stocks that make up its target Index.