Vanguard Energy ETF (NYSEARCA:VDE) Sees Large Decrease in Short Interest

Vanguard Energy ETF (NYSEARCA:VDE) was the recipient of a large decrease in short interest in the month of October. As of October 15th, there was short interest totaling 209,317 shares, a decrease of 57.1% from the September 30th total of 488,448 shares. Approximately 0.3% of the company’s stock are sold short. Based on an average trading volume of 543,175 shares, the days-to-cover ratio is presently 0.4 days.

Vanguard Energy ETF Price Performance

VDE traded up $3.45 on Friday, reaching $195.46. The company’s stock had a trading volume of 414,263 shares, compared to its average volume of 795,122. The stock has a market cap of $11.78 billion, a price-to-earnings ratio of 14.10 and a beta of 0.50. Vanguard Energy ETF has a 1 year low of $122.08 and a 1 year high of $195.80. The business’s 50 day moving average is $181.75 and its 200 day moving average is $164.97.

Institutional Trading of Vanguard Energy ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Matrix Private Capital Group LLC bought a new position in shares of Vanguard Energy ETF during the first quarter worth about $33,000. Signaturefd LLC bought a new stake in Vanguard Energy ETF in the 3rd quarter valued at about $41,000. Coastline Trust Co acquired a new position in Vanguard Energy ETF during the 3rd quarter valued at about $43,000. Next Level Wealth Planning LLC acquired a new position in Vanguard Energy ETF during the 3rd quarter valued at about $48,000. Finally, NORTHSTAR ASSET MANAGEMENT Co acquired a new position in Vanguard Energy ETF during the 3rd quarter valued at about $57,000.

About Vanguard Energy ETF

Vanguard Energy ETF (the Fund) is an exchange-traded share class of Vanguard Energy Index Fund. The Fund employs a passive management or indexing investment approach designed to track the performance of the Morgan Stanley Capital International (MSCI) US Investable Market Energy Index (the Index), an index of stocks of large, medium and small United States companies in the energy sector, as classified under the Global Industry Classification Standard (GICS). This GICS sector is made up of companies whose businesses are dominated by activities, such as the construction or provision of oil rigs, drilling equipment, and other energy-related service and equipment (such as seismic data collection), or companies engaged in the exploration, production, marketing, refining, and/or transportation of oil and gas products.