Short Interest in Vanguard S&P Mid-Cap 400 Growth ETF (NYSEARCA:IVOG) Declines By 54.1%

Vanguard S&P Mid-Cap 400 Growth ETF (NYSEARCA:IVOG) saw a significant decrease in short interest in the month of May. As of May 15th, there was short interest totaling 23,072 shares, a decrease of 54.1% from the April 30th total of 50,222 shares. Based on an average trading volume of 37,887 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.2% of the shares of the company are sold short.

Vanguard S&P Mid-Cap 400 Growth ETF Stock Performance

Shares of IVOG traded up $0.46 during mid-day trading on Friday, hitting $141.64. The company’s stock had a trading volume of 21,330 shares, compared to its average volume of 33,443. Vanguard S&P Mid-Cap 400 Growth ETF has a one year low of $108.17 and a one year high of $142.15. The firm has a market capitalization of $1.61 billion, a PE ratio of 21.73 and a beta of 1.06. The stock’s 50-day moving average is $133.59 and its two-hundred day moving average is $127.95.

Institutional Investors Weigh In On Vanguard S&P Mid-Cap 400 Growth ETF

Several hedge funds have recently modified their holdings of IVOG. Commerce Bank raised its stake in shares of Vanguard S&P Mid-Cap 400 Growth ETF by 1.2% in the fourth quarter. Commerce Bank now owns 7,044 shares of the company’s stock valued at $847,000 after purchasing an additional 84 shares in the last quarter. Keybank National Association OH raised its stake in shares of Vanguard S&P Mid-Cap 400 Growth ETF by 0.3% in the third quarter. Keybank National Association OH now owns 29,883 shares of the company’s stock valued at $3,570,000 after purchasing an additional 97 shares in the last quarter. Assetmark Inc. raised its stake in shares of Vanguard S&P Mid-Cap 400 Growth ETF by 20.2% in the third quarter. Assetmark Inc. now owns 590 shares of the company’s stock valued at $70,000 after purchasing an additional 99 shares in the last quarter. North Star Investment Management Corp. raised its stake in shares of Vanguard S&P Mid-Cap 400 Growth ETF by 112.7% in the first quarter. North Star Investment Management Corp. now owns 217 shares of the company’s stock valued at $27,000 after purchasing an additional 115 shares in the last quarter. Finally, Meridian Wealth Management LLC raised its stake in shares of Vanguard S&P Mid-Cap 400 Growth ETF by 2.7% in the fourth quarter. Meridian Wealth Management LLC now owns 4,570 shares of the company’s stock valued at $549,000 after purchasing an additional 120 shares in the last quarter.

About Vanguard S&P Mid-Cap 400 Growth ETF

The Vanguard S&P Mid-Cap 400 Growth ETF (IVOG) is an exchange-traded fund that is based on the S&P Mid Cap 400 Growth index, a market-cap-weighted index of growth companies curated from the S&P 400. IVOG was launched on Sep 9, 2010 and is managed by Vanguard.