Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG) Sees Significant Growth in Short Interest

Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG) saw a large increase in short interest in July. As of July 15th, there was short interest totaling 18,247 shares, an increase of 259.5% from the June 30th total of 5,075 shares. Approximately 0.3% of the company’s shares are sold short. Based on an average trading volume of 17,827 shares, the days-to-cover ratio is presently 1.0 days.

Hedge Funds Weigh In On Vanguard Russell 2000 Growth ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Arlington Trust Co LLC acquired a new stake in Vanguard Russell 2000 Growth ETF in the 2nd quarter valued at about $80,000. NewEdge Advisors LLC grew its position in shares of Vanguard Russell 2000 Growth ETF by 2.1% during the first quarter. NewEdge Advisors LLC now owns 3,804 shares of the company’s stock worth $871,000 after buying an additional 80 shares in the last quarter. Western Wealth Management LLC acquired a new position in shares of Vanguard Russell 2000 Growth ETF during the first quarter worth about $44,000. Royal Bank of Canada increased its stake in shares of Vanguard Russell 2000 Growth ETF by 60.3% during the first quarter. Royal Bank of Canada now owns 28,675 shares of the company’s stock worth $6,568,000 after buying an additional 10,790 shares during the period. Finally, Quantinno Capital Management LP increased its stake in shares of Vanguard Russell 2000 Growth ETF by 44.9% during the first quarter. Quantinno Capital Management LP now owns 1,884 shares of the company’s stock worth $432,000 after buying an additional 584 shares during the period.

Vanguard Russell 2000 Growth ETF Stock Down 1.0%

NASDAQ:VTWG traded down $2.70 on Friday, reaching $270.32. 12,674 shares of the company’s stock were exchanged, compared to its average volume of 23,182. The firm has a market capitalization of $1.47 billion, a price-to-earnings ratio of 20.82 and a beta of 1.19. Vanguard Russell 2000 Growth ETF has a 52-week low of $205.16 and a 52-week high of $289.14. The business has a fifty day moving average of $277.24 and a 200-day moving average of $257.80.

Vanguard Russell 2000 Growth ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 23rd. Investors of record on Thursday, June 18th were paid a dividend of $0.4245 per share. This represents a $1.70 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend was Thursday, June 18th. This is an increase from Vanguard Russell 2000 Growth ETF’s previous quarterly dividend of $0.32.

About Vanguard Russell 2000 Growth ETF

The Vanguard Russell 2000 Growth ETF (VTWG) is an exchange-traded fund that is based on the Russell 2000 Growth index. The fund tracks an index of US small-cap growth stocks. Holdings are selected and weighted based on EPS growth estimates and historical sales growth. VTWG was launched on Sep 20, 2010 and is managed by Vanguard.