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

Vanguard Health Care ETF (NYSEARCA:VHT) was the recipient of a large drop in short interest during the month of December. As of December 15th, there was short interest totaling 194,847 shares, a drop of 36.5% from the November 30th total of 306,979 shares. Based on an average daily volume of 278,405 shares, the days-to-cover ratio is presently 0.7 days. Approximately 0.3% of the company’s shares are sold short. Approximately 0.3% of the company’s shares are sold short. Based on an average daily volume of 278,405 shares, the days-to-cover ratio is presently 0.7 days.

Vanguard Health Care ETF Stock Performance

NYSEARCA:VHT opened at $290.70 on Friday. Vanguard Health Care ETF has a 52 week low of $234.11 and a 52 week high of $296.51. The firm’s fifty day moving average is $282.53 and its 200-day moving average is $263.12. The firm has a market cap of $17.14 billion, a P/E ratio of 20.85 and a beta of 0.67.

Institutional Trading of Vanguard Health Care ETF

A number of large investors have recently bought and sold shares of VHT. AlphaCore Capital LLC grew its stake in Vanguard Health Care ETF by 2,943.1% in the 2nd quarter. AlphaCore Capital LLC now owns 26,505 shares of the company’s stock valued at $6,582,000 after buying an additional 25,634 shares in the last quarter. McAdam LLC lifted its position in shares of Vanguard Health Care ETF by 8.8% during the second quarter. McAdam LLC now owns 1,303 shares of the company’s stock worth $324,000 after acquiring an additional 105 shares in the last quarter. American Trust bought a new position in shares of Vanguard Health Care ETF in the second quarter worth $575,000. RFG Advisory LLC boosted its holdings in shares of Vanguard Health Care ETF by 14.6% in the second quarter. RFG Advisory LLC now owns 1,132 shares of the company’s stock worth $281,000 after acquiring an additional 144 shares during the period. Finally, Fischer Financial Services Inc. grew its position in shares of Vanguard Health Care ETF by 0.3% in the second quarter. Fischer Financial Services Inc. now owns 12,490 shares of the company’s stock valued at $3,099,000 after purchasing an additional 41 shares in the last quarter.

Vanguard Health Care ETF Company Profile

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).