Vanguard Energy ETF (NYSEARCA:VDE) Short Interest Down 35.2% in December

Vanguard Energy ETF (NYSEARCA:VDE) was the recipient of a large drop in short interest in December. As of December 15th, there was short interest totaling 93,583 shares, a drop of 35.2% from the November 30th total of 144,455 shares. Based on an average trading volume of 553,292 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.2% of the shares of the stock are short sold. Currently, 0.2% of the shares of the stock are short sold. Based on an average trading volume of 553,292 shares, the days-to-cover ratio is currently 0.2 days.

Vanguard Energy ETF Stock Performance

Vanguard Energy ETF stock traded up $1.16 during midday trading on Monday, reaching $125.67. 526,657 shares of the company were exchanged, compared to its average volume of 492,224. The company has a market capitalization of $7.22 billion, a price-to-earnings ratio of 14.10 and a beta of 0.77. Vanguard Energy ETF has a 1 year low of $103.07 and a 1 year high of $133.18. The firm’s 50-day simple moving average is $126.13 and its 200-day simple moving average is $124.16.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of VDE. Bonfire Financial increased its stake in shares of Vanguard Energy ETF by 3.9% in the second quarter. Bonfire Financial now owns 16,930 shares of the company’s stock valued at $2,017,000 after purchasing an additional 628 shares during the period. GAMMA Investing LLC boosted its position in shares of Vanguard Energy ETF by 44.9% during the second quarter. GAMMA Investing LLC now owns 342 shares of the company’s stock worth $41,000 after buying an additional 106 shares during the period. SCS Capital Management LLC grew its holdings in Vanguard Energy ETF by 2.7% in the 2nd quarter. SCS Capital Management LLC now owns 344,174 shares of the company’s stock worth $40,998,000 after buying an additional 9,149 shares in the last quarter. Farther Finance Advisors LLC grew its holdings in Vanguard Energy ETF by 408.0% in the 3rd quarter. Farther Finance Advisors LLC now owns 29,247 shares of the company’s stock worth $3,681,000 after buying an additional 23,490 shares in the last quarter. Finally, Hershey Financial Advisers LLC acquired a new stake in Vanguard Energy ETF in the 2nd quarter valued at approximately $1,181,000.

Vanguard Energy ETF Company Profile

Vanguard Energy ETF (the Fund) is an exchange-traded share class of Vanguard Energy Index Fund. The Fund employs a passive management or indexing investment approach designed to track the performance of the Morgan Stanley Capital International (MSCI) US Investable Market Energy Index (the Index), an index of stocks of large, medium and small United States companies in the energy sector, as classified under the Global Industry Classification Standard (GICS). This GICS sector is made up of companies whose businesses are dominated by activities, such as the construction or provision of oil rigs, drilling equipment, and other energy-related service and equipment (such as seismic data collection), or companies engaged in the exploration, production, marketing, refining, and/or transportation of oil and gas products.