Vanguard Communication Services ETF (NYSEARCA:VOX) Sees Significant Decline in Short Interest

Vanguard Communication Services ETF (NYSEARCA:VOX) was the target of a significant decrease in short interest during the month of August. As of August 14th, there was short interest totaling 147,027 shares, a decrease of 35.6% from the July 30th total of 228,470 shares. Based on an average daily volume of 229,753 shares, the days-to-cover ratio is currently 0.6 days. Approximately 0.5% of the company’s stock are short sold.

Institutional Trading of Vanguard Communication Services ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. Core Wealth Advisors LLC bought a new stake in Vanguard Communication Services ETF in the 4th quarter valued at $25,000. Main Street Group LTD bought a new stake in Vanguard Communication Services ETF in the 1st quarter valued at about $28,000. Godfrey Financial Associates Inc. acquired a new stake in Vanguard Communication Services ETF during the fourth quarter worth approximately $30,000. Reflection Asset Management bought a new position in shares of Vanguard Communication Services ETF in the fourth quarter worth $30,000. Finally, Cornerstone Planning Group LLC increased its holdings in Vanguard Communication Services ETF by 835.3% in the 1st quarter. Cornerstone Planning Group LLC now owns 159 shares of the company’s stock valued at $31,000 after buying an additional 142 shares during the period.

Vanguard Communication Services ETF Stock Down 0.5%

Shares of NYSEARCA:VOX traded down $0.84 during midday trading on Tuesday, reaching $185.67. The company had a trading volume of 175,383 shares, compared to its average volume of 258,428. The business’s 50 day moving average price is $186.46 and its 200 day moving average price is $188.94. The stock has a market cap of $5.71 billion, a PE ratio of 18.46 and a beta of 1.05. Vanguard Communication Services ETF has a 1-year low of $172.37 and a 1-year high of $200.77.

Vanguard Communication Services ETF Company Profile

Vanguard Telecommunication Services ETF (the Fund) seeks to track the performance of a benchmark index that measures the investment return of telecommunication services stocks. The Fund seeks to track the performance of the MSCI US Investable Market Telecommunication Services 25/50 Index. The MSCI US Investable Market Telecommunication Services 25/50 Index includes stocks of the United States companies within the telecommunication services sector. The sector is made up of companies that provide communications services primarily through fixed-line, cellular, wireless, high-bandwidth, and/or fiber-optic cable networks.