Short Interest in Vanguard REIT Index Fund (VNQ) Grows By 40.4%

Vanguard REIT Index Fund (NYSEARCA:VNQ) was the target of a significant growth in short interest during the month of January. As of January 31st, there was short interest totalling 11,941,023 shares, a growth of 40.4% from the January 12th total of 8,502,609 shares. Based on an average daily trading volume, of 5,569,332 shares, the short-interest ratio is presently 2.1 days.

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. ELM Advisors LLC grew its position in Vanguard REIT Index Fund by 5.0% during the fourth quarter. ELM Advisors LLC now owns 48,514 shares of the exchange traded fund’s stock valued at $4,026,000 after buying an additional 2,289 shares during the period. Prudential Financial Inc. boosted its position in shares of Vanguard REIT Index Fund by 13.7% in the third quarter. Prudential Financial Inc. now owns 1,350,261 shares of the exchange traded fund’s stock worth $112,194,000 after purchasing an additional 162,584 shares during the period. Atlantic Trust Group LLC boosted its position in shares of Vanguard REIT Index Fund by 41.4% in the third quarter. Atlantic Trust Group LLC now owns 77,140 shares of the exchange traded fund’s stock worth $6,409,000 after purchasing an additional 22,574 shares during the period. First Financial Bank Trust Division boosted its position in shares of Vanguard REIT Index Fund by 2.0% in the fourth quarter. First Financial Bank Trust Division now owns 204,668 shares of the exchange traded fund’s stock worth $16,983,000 after purchasing an additional 4,110 shares during the period. Finally, P Solve Investments Ltd bought a new position in shares of Vanguard REIT Index Fund in the third quarter worth approximately $41,626,000.

Vanguard REIT Index Fund (VNQ) opened at $74.18 on Tuesday. Vanguard REIT Index Fund has a twelve month low of $72.05 and a twelve month high of $86.16. The firm has a market cap of $29,340.00 and a P/E ratio of 3.41.

COPYRIGHT VIOLATION WARNING: This piece of content was posted by American Banking News and is owned by of American Banking News. If you are reading this piece of content on another website, it was illegally stolen and republished in violation of United States and international trademark and copyright laws. The legal version of this piece of content can be accessed at https://www.americanbankingnews.com/2018/02/13/short-interest-in-vanguard-reit-index-fund-vnq-grows-by-40-4.html.

About Vanguard REIT Index Fund

Vanguard REIT ETF (the Fund) is an open-end investment company. The Fund invests in stocks issued by real estate investment trusts (REITs), companies that purchase office buildings, hotels, and other real property. It tracks the return of the MSCI US RIT Index, a gauge of real estate stocks. The Vanguard Group, Inc provides investment advisory services to the Fund.

Receive News & Ratings for Vanguard REIT Index Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vanguard REIT Index Fund and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply