Short Interest in Vanguard Consumer Staples ETF (NYSEARCA:VDC) Drops By 55.9%

Vanguard Consumer Staples ETF (NYSEARCA:VDC) saw a significant drop in short interest in the month of August. As of August 31st, there was short interest totaling 34,204 shares, a drop of 55.9% from the August 15th total of 77,536 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 159,799 shares, the short-interest ratio is currently 0.2 days.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of VDC. Bank of America Corp DE grew its stake in Vanguard Consumer Staples ETF by 10.9% in the 1st quarter. Bank of America Corp DE now owns 4,336,403 shares of the company’s stock worth $973,913,000 after buying an additional 424,605 shares in the last quarter. Two Sigma Investments LP purchased a new stake in shares of Vanguard Consumer Staples ETF during the 3rd quarter valued at $25,519,000. Mercer Global Advisors Inc. ADV lifted its holdings in shares of Vanguard Consumer Staples ETF by 1,049.4% during the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 78,987 shares of the company’s stock worth $16,882,000 after acquiring an additional 72,115 shares during the last quarter. Morgan Stanley lifted its holdings in shares of Vanguard Consumer Staples ETF by 12.5% during the 4th quarter. Morgan Stanley now owns 637,725 shares of the company’s stock worth $134,714,000 after acquiring an additional 70,909 shares during the last quarter. Finally, Ameritas Advisory Services LLC grew its position in Vanguard Consumer Staples ETF by 49.4% in the second quarter. Ameritas Advisory Services LLC now owns 140,086 shares of the company’s stock worth $31,588,000 after acquiring an additional 46,307 shares in the last quarter.

Vanguard Consumer Staples ETF Price Performance

NYSEARCA VDC traded up $2.83 during trading on Monday, reaching $228.04. The company’s stock had a trading volume of 57,031 shares, compared to its average volume of 167,752. The stock has a market capitalization of $7.88 billion, a PE ratio of 22.76 and a beta of 0.49. The firm has a fifty day moving average of $229.94 and a 200 day moving average of $229.12. Vanguard Consumer Staples ETF has a one year low of $205.45 and a one year high of $244.33.

About Vanguard Consumer Staples ETF

Vanguard Consumer Staples ETF (the Fund) is an exchange-traded share class of Vanguard Consumer Staples Index Fund, which seeks to track the investment performance of the MSCI US Investable Market Consumer Staples 25/50 Index, a benchmark of large-, mid-, and small-cap United States stocks in the consumer staples sector, as classified under the Global Industry Classification Standard (GICS). This GICS sector is made up of companies whose businesses are less sensitive to economic cycles. It includes manufacturers and distributors of food, beverages, and tobacco, as well as producers of nondurable household goods and personal products.