Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) Sees Significant Decline in Short Interest

Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) saw a large decrease in short interest in the month of January. As of January 15th, there was short interest totaling 15,975,479 shares, a decrease of 29.4% from the December 31st total of 22,629,266 shares. Approximately 0.5% of the shares of the company are sold short. Based on an average daily volume of 21,623,867 shares, the days-to-cover ratio is presently 0.7 days. Based on an average daily volume of 21,623,867 shares, the days-to-cover ratio is presently 0.7 days. Approximately 0.5% of the shares of the company are sold short.

Institutional Investors Weigh In On Vanguard FTSE Developed Markets ETF

Institutional investors have recently made changes to their positions in the stock. Nova Wealth Management Inc. boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 151.5% in the 4th quarter. Nova Wealth Management Inc. now owns 420 shares of the company’s stock valued at $26,000 after purchasing an additional 253 shares in the last quarter. GGM Financials LLC bought a new stake in Vanguard FTSE Developed Markets ETF during the third quarter valued at $27,000. Ulland Investment Advisors LLC grew its position in shares of Vanguard FTSE Developed Markets ETF by 75.6% during the 3rd quarter. Ulland Investment Advisors LLC now owns 562 shares of the company’s stock worth $34,000 after buying an additional 242 shares during the period. IFS Advisors LLC acquired a new position in Vanguard FTSE Developed Markets ETF during the 2nd quarter worth approximately $35,000. Finally, Cloud Capital Management LLC bought a new position in shares of Vanguard FTSE Developed Markets ETF in the third quarter valued at $37,000.

Vanguard FTSE Developed Markets ETF Trading Down 1.3%

Shares of VEA traded down $0.87 during mid-day trading on Friday, reaching $66.20. The company’s stock had a trading volume of 28,903,658 shares, compared to its average volume of 22,744,328. Vanguard FTSE Developed Markets ETF has a 1-year low of $45.14 and a 1-year high of $67.39. The business has a 50-day simple moving average of $63.33 and a two-hundred day simple moving average of $60.79. The stock has a market cap of $205.06 billion, a P/E ratio of 16.34 and a beta of 0.87.

About Vanguard FTSE Developed Markets ETF

The Vanguard Developed Markets Index Fund (VEA) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market-cap weighted index of large-, mid- and small-cap stocks from developed markets outside the US. VEA was launched on Jul 20, 2007 and is managed by Vanguard.