Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) Short Interest Up 49.0% in December

Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) saw a large increase in short interest during the month of December. As of December 31st, there was short interest totaling 202,645 shares, an increase of 49.0% from the December 15th total of 135,968 shares. Based on an average daily volume of 283,902 shares, the short-interest ratio is presently 0.7 days. Currently, 0.3% of the shares of the company are sold short. Currently, 0.3% of the shares of the company are sold short. Based on an average daily volume of 283,902 shares, the short-interest ratio is presently 0.7 days.

Institutional Investors Weigh In On Vanguard Mega Cap Growth ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in MGK. U.S. Capital Wealth Advisors LLC boosted its position in Vanguard Mega Cap Growth ETF by 1.3% during the third quarter. U.S. Capital Wealth Advisors LLC now owns 1,936 shares of the company’s stock worth $779,000 after purchasing an additional 25 shares during the period. Latitude Advisors LLC lifted its stake in shares of Vanguard Mega Cap Growth ETF by 1.5% during the 3rd quarter. Latitude Advisors LLC now owns 1,723 shares of the company’s stock valued at $693,000 after buying an additional 25 shares in the last quarter. Cvfg LLC boosted its holdings in Vanguard Mega Cap Growth ETF by 1.8% in the 3rd quarter. Cvfg LLC now owns 1,415 shares of the company’s stock worth $569,000 after buying an additional 25 shares during the period. Horizon Investment Services LLC grew its stake in Vanguard Mega Cap Growth ETF by 0.3% in the 3rd quarter. Horizon Investment Services LLC now owns 9,923 shares of the company’s stock valued at $3,993,000 after buying an additional 26 shares in the last quarter. Finally, Kovack Advisors Inc. raised its holdings in Vanguard Mega Cap Growth ETF by 0.5% during the 3rd quarter. Kovack Advisors Inc. now owns 5,617 shares of the company’s stock valued at $2,260,000 after acquiring an additional 27 shares during the period.

Vanguard Mega Cap Growth ETF Stock Down 0.1%

Vanguard Mega Cap Growth ETF stock traded down $0.60 during trading on Friday, hitting $408.28. The stock had a trading volume of 1,520,880 shares, compared to its average volume of 875,697. The stock’s 50 day moving average is $411.99 and its two-hundred day moving average is $398.70. Vanguard Mega Cap Growth ETF has a 1 year low of $262.65 and a 1 year high of $426.80. The stock has a market cap of $32.03 billion, a price-to-earnings ratio of 37.33 and a beta of 1.18.

Vanguard Mega Cap Growth ETF Company Profile

The Vanguard Mega Cap Growth ETF (MGK) is an exchange-traded fund that is based on the CRSP US Mega Growth index. The fund tracks the CRSP US Mega Cap Growth Index. The index selects stocks from the top 70% of investable market capitalization based on growth factors. MGK was launched on Dec 17, 2007 and is managed by Vanguard.