Vanguard FTSE Pacific ETF (NYSEARCA:VPL) Sees Large Decrease in Short Interest

Vanguard FTSE Pacific ETF (NYSEARCA:VPL) saw a significant decline in short interest in June. As of June 15th, there was short interest totaling 242,174 shares, a decline of 65.3% from the May 31st total of 698,667 shares. Based on an average daily trading volume, of 543,433 shares, the short-interest ratio is currently 0.4 days. Currently, 0.3% of the shares of the stock are short sold.

Vanguard FTSE Pacific ETF Price Performance

NYSEARCA:VPL traded down $1.25 during trading hours on Friday, reaching $115.05. 228,650 shares of the company were exchanged, compared to its average volume of 1,277,705. The company has a market capitalization of $8.82 billion, a P/E ratio of 14.65 and a beta of 0.80. Vanguard FTSE Pacific ETF has a 1-year low of $80.29 and a 1-year high of $121.23. The business has a 50 day moving average of $112.32 and a 200 day moving average of $103.20.

Institutional Trading of Vanguard FTSE Pacific ETF

Institutional investors have recently modified their holdings of the stock. Focus Partners Wealth acquired a new position in Vanguard FTSE Pacific ETF in the first quarter valued at about $688,000. First Trust Advisors LP grew its stake in Vanguard FTSE Pacific ETF by 2.0% during the second quarter. First Trust Advisors LP now owns 32,447 shares of the company’s stock worth $2,666,000 after buying an additional 622 shares in the last quarter. Brown Advisory Inc. increased its holdings in Vanguard FTSE Pacific ETF by 2.0% in the 2nd quarter. Brown Advisory Inc. now owns 6,404 shares of the company’s stock valued at $526,000 after buying an additional 125 shares during the period. Qube Research & Technologies Ltd raised its position in shares of Vanguard FTSE Pacific ETF by 679.6% in the 2nd quarter. Qube Research & Technologies Ltd now owns 1,185 shares of the company’s stock valued at $97,000 after buying an additional 1,033 shares in the last quarter. Finally, NewEdge Advisors LLC lifted its holdings in shares of Vanguard FTSE Pacific ETF by 24.8% during the 2nd quarter. NewEdge Advisors LLC now owns 62,910 shares of the company’s stock worth $5,170,000 after acquiring an additional 12,515 shares during the period.

About Vanguard FTSE Pacific ETF

Vanguard FTSE Pacific ETF, formerly Vanguard MSCI Pacific ETF, is an exchange-traded share class of Vanguard Pacific Stock Index Fund. The Fund seeks to track the investment performance of the MSCI Pacific Index that consists of common stocks of companies located in Japan, Australia, Hong Kong, New Zealand and Singapore. The Fund employs a passive management or indexing investment approach by investing all, or substantially all, of its assets in the common stocks included in the MSCI Pacific Index (the Index).