Vanguard Health Care ETF (NYSEARCA:VHT) Sees Large Increase in Short Interest

Vanguard Health Care ETF (NYSEARCA:VHT) was the target of a significant increase in short interest in August. As of August 31st, there was short interest totaling 251,707 shares, an increase of 83.5% from the August 15th total of 137,163 shares. Currently, 0.4% of the shares of the company are sold short. Based on an average trading volume of 224,417 shares, the short-interest ratio is presently 1.1 days.

Hedge Funds Weigh In On Vanguard Health Care ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in VHT. Versant Capital Management Inc boosted its holdings in Vanguard Health Care ETF by 241.7% in the 2nd quarter. Versant Capital Management Inc now owns 82 shares of the company’s stock worth $25,000 after acquiring an additional 58 shares during the period. AG Campbell Advisory LLC acquired a new stake in Vanguard Health Care ETF in the fourth quarter valued at approximately $36,000. Root Financial Partners LLC purchased a new stake in shares of Vanguard Health Care ETF during the fourth quarter valued at approximately $37,000. Bangor Savings Bank acquired a new position in shares of Vanguard Health Care ETF during the second quarter worth $40,000. Finally, Turtle Creek Wealth Advisors LLC acquired a new position in shares of Vanguard Health Care ETF during the first quarter worth $41,000.

Vanguard Health Care ETF Stock Up 0.3%

NYSEARCA VHT traded up $0.95 during trading hours on Wednesday, hitting $315.51. 22,047 shares of the stock were exchanged, compared to its average volume of 227,645. The company has a market cap of $18.78 billion, a price-to-earnings ratio of 20.85 and a beta of 0.60. Vanguard Health Care ETF has a 12-month low of $249.57 and a 12-month high of $330.75. The stock has a 50-day moving average of $313.03 and a 200 day moving average of $291.53.

About Vanguard Health Care ETF

Vanguard Health Care ETF seeks to track the investment performance of the MSCI US Investable Market Health Care 25/50 Index, a benchmark of large-, mid-, and small-cap United States stocks in the health care sector, as classified under the Global Industry Classification Standard (GICS). This GICS sector is made up of two main industry groups. The first group includes companies that manufacture health care equipment and supplies or provide health care related services (such as distributors of health care products, providers of basic health care services, and owners and operators of health care facilities and organizations).