Vanguard Information Technology ETF (NYSEARCA:VGT) Short Interest Update

Vanguard Information Technology ETF (NYSEARCA:VGT) saw a large increase in short interest during the month of January. As of January 15th, there was short interest totaling 419,615 shares, an increase of 21.3% from the December 31st total of 345,792 shares. Based on an average trading volume of 581,733 shares, the days-to-cover ratio is currently 0.7 days. Approximately 0.3% of the shares of the company are short sold. Approximately 0.3% of the shares of the company are short sold. Based on an average trading volume of 581,733 shares, the days-to-cover ratio is currently 0.7 days.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the business. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of Vanguard Information Technology ETF in the fourth quarter valued at $30,000. Wells Financial Advisors INC purchased a new stake in Vanguard Information Technology ETF during the 4th quarter worth about $29,000. China Universal Asset Management Co. Ltd. boosted its stake in Vanguard Information Technology ETF by 110.5% in the 2nd quarter. China Universal Asset Management Co. Ltd. now owns 40 shares of the exchange traded fund’s stock worth $27,000 after purchasing an additional 21 shares during the period. Strategic Advocates LLC purchased a new position in Vanguard Information Technology ETF during the 3rd quarter valued at about $30,000. Finally, First Command Advisory Services Inc. bought a new stake in shares of Vanguard Information Technology ETF during the third quarter valued at about $31,000.

Vanguard Information Technology ETF Stock Performance

NYSEARCA VGT traded down $22.83 during trading on Tuesday, hitting $730.23. 524,086 shares of the company’s stock traded hands, compared to its average volume of 561,247. The stock has a market capitalization of $109.27 billion, a price-to-earnings ratio of 34.55 and a beta of 1.25. Vanguard Information Technology ETF has a 12-month low of $451.00 and a 12-month high of $806.99. The business has a 50 day moving average of $758.32 and a 200-day moving average of $739.23.

Vanguard Information Technology ETF Company Profile

Vanguard Information Technology ETF seeks to track the investment performance of the MSCI US Investable Market Information Technology 25/50 Index, a benchmark of large-, mid-, and small-cap United States stocks in the information technology sector, as classified under the Global Industry Classification Standard (GICS). This GICS sector is made up of companies in three areas: technology software and services, including companies that develop software in various fields (such as the Internet, applications, systems, databases, and/or home entertainment), and companies that provide information technology consulting and services, data processing, and outsourced services; technology hardware and equipment, including manufacturers and distributors of communications equipment, computers and peripherals and electronic equipment, and semiconductors and semiconductor equipment manufacturers.