Vanguard Communication Services ETF (NYSEARCA:VOX – Get Free Report) saw a significant growth in short interest during the month of June. As of June 30th, there was short interest totaling 328,599 shares, a growth of 106.6% from the June 15th total of 159,024 shares. Approximately 1.1% of the shares of the stock are sold short. Based on an average daily volume of 364,953 shares, the short-interest ratio is presently 0.9 days.
Hedge Funds Weigh In On Vanguard Communication Services ETF
Several hedge funds have recently added to or reduced their stakes in VOX. AQR Capital Management LLC grew its position in shares of Vanguard Communication Services ETF by 15.2% in the first quarter. AQR Capital Management LLC now owns 5,115 shares of the company’s stock valued at $759,000 after purchasing an additional 676 shares during the last quarter. Jane Street Group LLC acquired a new position in shares of Vanguard Communication Services ETF during the 1st quarter worth approximately $976,000. Bank of Nova Scotia lifted its stake in Vanguard Communication Services ETF by 8.6% in the 2nd quarter. Bank of Nova Scotia now owns 14,320 shares of the company’s stock valued at $2,449,000 after buying an additional 1,130 shares in the last quarter. The Manufacturers Life Insurance Company lifted its stake in Vanguard Communication Services ETF by 204.6% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 327,317 shares of the company’s stock valued at $55,981,000 after buying an additional 219,842 shares in the last quarter. Finally, Ieq Capital LLC lifted its stake in Vanguard Communication Services ETF by 988.8% in the 2nd quarter. Ieq Capital LLC now owns 21,318 shares of the company’s stock valued at $3,646,000 after buying an additional 19,360 shares in the last quarter.
Vanguard Communication Services ETF Trading Down 1.5%
Shares of VOX stock traded down $2.86 during mid-day trading on Thursday, reaching $191.86. The stock had a trading volume of 209,366 shares, compared to its average volume of 256,101. The company has a market cap of $5.90 billion, a P/E ratio of 18.46 and a beta of 1.05. Vanguard Communication Services ETF has a 12-month low of $169.20 and a 12-month high of $200.77. The business has a 50-day simple moving average of $190.78 and a 200 day simple moving average of $190.81.
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.
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