Short Interest in Vanguard Utilities ETF (NYSEARCA:VPU) Declines By 60.8%

Vanguard Utilities ETF (NYSEARCA:VPU) saw a large drop in short interest in the month of July. As of July 15th, there was short interest totaling 114,650 shares, a drop of 60.8% from the June 30th total of 292,256 shares. Based on an average daily trading volume, of 210,743 shares, the short-interest ratio is currently 0.5 days. Approximately 0.3% of the company’s stock are short sold.

Vanguard Utilities ETF Stock Performance

NYSEARCA VPU opened at $199.46 on Monday. Vanguard Utilities ETF has a 1-year low of $178.51 and a 1-year high of $206.10. The company has a market capitalization of $8.83 billion, a PE ratio of 20.60 and a beta of 0.59. The firm’s fifty day simple moving average is $194.64 and its 200-day simple moving average is $195.46.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Jessup Wealth Management Inc purchased a new stake in shares of Vanguard Utilities ETF during the 4th quarter worth about $27,000. IFC & Insurance Marketing Inc. acquired a new position in Vanguard Utilities ETF in the fourth quarter worth approximately $28,000. Physician Wealth Advisors Inc. acquired a new position in Vanguard Utilities ETF in the fourth quarter worth approximately $31,000. Van Den Berg Management I Inc. bought a new position in Vanguard Utilities ETF during the first quarter valued at approximately $32,000. Finally, Kohmann Bosshard Financial Services LLC raised its position in Vanguard Utilities ETF by 905.9% during the first quarter. Kohmann Bosshard Financial Services LLC now owns 171 shares of the company’s stock valued at $34,000 after acquiring an additional 154 shares in the last quarter.

Vanguard Utilities ETF Company Profile

Vanguard Utilities ETF (the Fund) is an exchange-traded class of shares issued by Vanguard Utilities Index Fund. The Fund tracks the performance of Morgan Stanley Capital International United States Investable Market Utilities Index, an index made up of stocks of large, medium-size and small United States companies in the utilities sector, as classified under the Global Industry Classification Standard (GICS). This GICS sector is made up of those companies considered electric, gas, or water utilities, or companies that operate as independent producers and/or distributors of power.