Vanguard Energy ETF (NYSEARCA:VDE) Short Interest Down 48.8% in May

Vanguard Energy ETF (NYSEARCA:VDE) was the target of a significant drop in short interest in May. As of May 15th, there was short interest totaling 173,844 shares, a drop of 48.8% from the April 30th total of 339,285 shares. Based on an average daily volume of 588,600 shares, the short-interest ratio is currently 0.3 days. Approximately 0.3% of the shares of the stock are sold short.

Vanguard Energy ETF Price Performance

NYSEARCA VDE traded up $1.89 during trading hours on Tuesday, reaching $163.72. 590,478 shares of the stock traded hands, compared to its average volume of 1,015,021. The stock has a 50 day simple moving average of $165.35 and a two-hundred day simple moving average of $148.54. Vanguard Energy ETF has a 1 year low of $114.65 and a 1 year high of $179.34. The company has a market cap of $10.25 billion, a price-to-earnings ratio of 14.10 and a beta of 0.45.

Institutional Investors Weigh In On Vanguard Energy ETF

A number of large investors have recently added to or reduced their stakes in VDE. LPL Financial LLC grew its stake in shares of Vanguard Energy ETF by 1.6% in the fourth quarter. LPL Financial LLC now owns 813,753 shares of the company’s stock worth $102,468,000 after purchasing an additional 12,772 shares during the last quarter. Envestnet Asset Management Inc. grew its stake in shares of Vanguard Energy ETF by 16.6% in the third quarter. Envestnet Asset Management Inc. now owns 498,588 shares of the company’s stock worth $62,752,000 after purchasing an additional 71,068 shares during the last quarter. Royal Bank of Canada grew its stake in shares of Vanguard Energy ETF by 17.6% in the first quarter. Royal Bank of Canada now owns 493,318 shares of the company’s stock worth $85,364,000 after purchasing an additional 73,950 shares during the last quarter. SCS Capital Management LLC grew its stake in shares of Vanguard Energy ETF by 9.0% in the fourth quarter. SCS Capital Management LLC now owns 370,931 shares of the company’s stock worth $46,708,000 after purchasing an additional 30,766 shares during the last quarter. Finally, BNP Paribas Financial Markets grew its stake in shares of Vanguard Energy ETF by 23,247.2% in the second quarter. BNP Paribas Financial Markets now owns 353,477 shares of the company’s stock worth $42,106,000 after purchasing an additional 351,963 shares during the last quarter.

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.