Short Interest in Vanguard S&P Mid-Cap 400 ETF (NYSEARCA:IVOO) Rises By 120.7%

Vanguard S&P Mid-Cap 400 ETF (NYSEARCA:IVOO) was the target of a significant increase in short interest in August. As of August 31st, there was short interest totaling 107,512 shares, an increase of 120.7% from the August 15th total of 48,723 shares. Approximately 0.4% of the company’s stock are sold short. Based on an average daily trading volume, of 70,145 shares, the days-to-cover ratio is currently 1.5 days.

Vanguard S&P Mid-Cap 400 ETF Stock Performance

Vanguard S&P Mid-Cap 400 ETF stock traded down $0.61 during midday trading on Tuesday, reaching $124.26. The stock had a trading volume of 72,433 shares, compared to its average volume of 84,141. The stock has a market capitalization of $3.62 billion, a P/E ratio of 18.32 and a beta of 1.01. The firm’s fifty day simple moving average is $128.68 and its 200-day simple moving average is $124.46. Vanguard S&P Mid-Cap 400 ETF has a 1-year low of $105.29 and a 1-year high of $133.14.

Hedge Funds Weigh In On Vanguard S&P Mid-Cap 400 ETF

Hedge funds have recently made changes to their positions in the business. Dogwood Wealth Management LLC acquired a new stake in shares of Vanguard S&P Mid-Cap 400 ETF in the 2nd quarter valued at approximately $26,000. Sound Income Strategies LLC grew its stake in shares of Vanguard S&P Mid-Cap 400 ETF by 92.4% in the first quarter. Sound Income Strategies LLC now owns 279 shares of the company’s stock valued at $32,000 after buying an additional 134 shares in the last quarter. Archer Investment Corp acquired a new position in Vanguard S&P Mid-Cap 400 ETF during the second quarter worth $38,000. Financial Life Planners acquired a new position in Vanguard S&P Mid-Cap 400 ETF during the first quarter worth $46,000. Finally, Global Retirement Partners LLC bought a new stake in Vanguard S&P Mid-Cap 400 ETF during the second quarter worth $97,000.

About Vanguard S&P Mid-Cap 400 ETF

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