Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) Sees Significant Increase in Short Interest

Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) saw a large growth in short interest in March. As of March 31st, there was short interest totaling 7,793,855 shares, a growth of 19.0% from the March 15th total of 6,548,751 shares. Based on an average trading volume of 19,691,527 shares, the short-interest ratio is currently 0.4 days. Approximately 0.2% of the company’s stock are sold short.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of VEA traded up $0.99 during midday trading on Friday, reaching $69.62. The stock had a trading volume of 6,779,044 shares, compared to its average volume of 19,805,070. The company has a market cap of $223.29 billion, a price-to-earnings ratio of 16.34 and a beta of 0.83. The company’s fifty day simple moving average is $66.59 and its two-hundred day simple moving average is $63.81. Vanguard FTSE Developed Markets ETF has a 1-year low of $50.17 and a 1-year high of $70.55.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in VEA. Telos Capital Management Inc. boosted its holdings in Vanguard FTSE Developed Markets ETF by 1.9% in the first quarter. Telos Capital Management Inc. now owns 321,898 shares of the company’s stock valued at $20,627,000 after purchasing an additional 5,909 shares in the last quarter. Rainier Family Wealth Inc. boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 76.0% in the 1st quarter. Rainier Family Wealth Inc. now owns 27,391 shares of the company’s stock valued at $1,755,000 after buying an additional 11,829 shares in the last quarter. Birch Financial Group LLC boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 2.7% in the 1st quarter. Birch Financial Group LLC now owns 56,985 shares of the company’s stock valued at $3,652,000 after buying an additional 1,495 shares in the last quarter. High Net Worth Advisory Group LLC grew its position in shares of Vanguard FTSE Developed Markets ETF by 3.5% in the 1st quarter. High Net Worth Advisory Group LLC now owns 4,832 shares of the company’s stock valued at $310,000 after buying an additional 163 shares during the last quarter. Finally, Stewardship Advisors LLC grew its position in shares of Vanguard FTSE Developed Markets ETF by 7.5% in the 1st quarter. Stewardship Advisors LLC now owns 357,365 shares of the company’s stock valued at $22,900,000 after buying an additional 24,988 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Company Profile

The Vanguard Developed Markets Index Fund (VEA) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market-cap weighted index of large-, mid- and small-cap stocks from developed markets outside the US. VEA was launched on Jul 20, 2007 and is managed by Vanguard.