Vanguard Mega Cap ETF (NYSEARCA:MGC) Short Interest Up 160.9% in July

Vanguard Mega Cap ETF (NYSEARCA:MGCGet Free Report) saw a large increase in short interest in July. As of July 31st, there was short interest totaling 58,173 shares, an increase of 160.9% from the July 15th total of 22,301 shares. Based on an average daily volume of 81,126 shares, the short-interest ratio is currently 0.7 days. Approximately 0.2% of the company’s stock are short sold.

Institutional Trading of Vanguard Mega Cap ETF

A number of institutional investors and hedge funds have recently modified their holdings of the business. West Wealth Group LLC increased its stake in shares of Vanguard Mega Cap ETF by 7.1% in the fourth quarter. West Wealth Group LLC now owns 103,726 shares of the company’s stock valued at $26,053,000 after purchasing an additional 6,920 shares during the period. McClarren Financial Advisors Inc. boosted its position in shares of Vanguard Mega Cap ETF by 55.6% during the first quarter. McClarren Financial Advisors Inc. now owns 16,133 shares of the company’s stock worth $3,813,000 after buying an additional 5,767 shares during the period. Aspiring Ventures LLC acquired a new position in shares of Vanguard Mega Cap ETF during the fourth quarter worth approximately $587,000. Elevation Capital Advisory LLC grew its holdings in Vanguard Mega Cap ETF by 120.1% in the 4th quarter. Elevation Capital Advisory LLC now owns 22,375 shares of the company’s stock worth $5,620,000 after buying an additional 12,207 shares in the last quarter. Finally, Adelphi Trust Co bought a new position in Vanguard Mega Cap ETF in the 4th quarter worth approximately $502,000.

Vanguard Mega Cap ETF Price Performance

MGC opened at $284.77 on Friday. The stock has a market capitalization of $10.42 billion, a PE ratio of 26.06 and a beta of 1.01. The firm’s fifty day moving average price is $274.00 and its 200 day moving average price is $261.57. Vanguard Mega Cap ETF has a 12-month low of $228.37 and a 12-month high of $285.55.

About Vanguard Mega Cap ETF

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The Vanguard Mega Cap ETF (MGC) is an exchange-traded fund that is based on the CRSP US Mega Cap index, a market-cap-weighted index that covers 70% of the market capitalization of the US equity market. MGC was launched on Dec 24, 2007 and is managed by Vanguard.

Further Reading

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