Vanguard S&P 500 Growth ETF (NYSEARCA:VOOG) Sees Large Increase in Short Interest

Vanguard S&P 500 Growth ETF (NYSEARCA:VOOG) was the recipient of a large increase in short interest during the month of May. As of May 31st, there was short interest totalling 153,900 shares, an increase of 53.4% from the May 15th total of 100,300 shares. Currently, 0.3% of the company’s shares are sold short. Based on an average daily trading volume, of 316,400 shares, the days-to-cover ratio is presently 0.5 days.

Institutional Investors Weigh In On Vanguard S&P 500 Growth ETF

Several hedge funds have recently added to or reduced their stakes in VOOG. Baird Financial Group Inc. lifted its stake in shares of Vanguard S&P 500 Growth ETF by 0.5% in the 1st quarter. Baird Financial Group Inc. now owns 5,635 shares of the company’s stock worth $1,885,000 after purchasing an additional 29 shares during the period. B. Riley Wealth Advisors Inc. raised its position in Vanguard S&P 500 Growth ETF by 4.3% in the fourth quarter. B. Riley Wealth Advisors Inc. now owns 776 shares of the company’s stock worth $284,000 after acquiring an additional 32 shares during the period. Verus Capital Partners LLC raised its position in Vanguard S&P 500 Growth ETF by 4.2% in the fourth quarter. Verus Capital Partners LLC now owns 900 shares of the company’s stock worth $330,000 after acquiring an additional 36 shares during the period. Aptus Capital Advisors LLC raised its holdings in Vanguard S&P 500 Growth ETF by 24.7% in the 4th quarter. Aptus Capital Advisors LLC now owns 187 shares of the company’s stock worth $68,000 after purchasing an additional 37 shares during the period. Finally, Accredited Wealth Management LLC raised its holdings in Vanguard S&P 500 Growth ETF by 16.1% in the 1st quarter. Accredited Wealth Management LLC now owns 303 shares of the company’s stock worth $101,000 after purchasing an additional 42 shares during the period.

Vanguard S&P 500 Growth ETF Trading Down 0.9%

Shares of VOOG opened at $380.51 on Wednesday. The firm’s 50-day moving average price is $356.27 and its 200-day moving average price is $360.28. The firm has a market capitalization of $16.93 billion, a price-to-earnings ratio of 30.50 and a beta of 1.13. Vanguard S&P 500 Growth ETF has a 1-year low of $286.00 and a 1-year high of $386.44.

About Vanguard S&P 500 Growth ETF

The Vanguard S&P 500 Growth ETF (VOOG) is an exchange-traded fund that is based on the S&P 500 Growth index. The fund tracks an index of U.S. large-cap growth stocks VOOG was launched on Sep 7, 2010 and is managed by Vanguard.