Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) Short Interest Update

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

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of MGK. Dogwood Wealth Management LLC acquired a new position in shares of Vanguard Mega Cap Growth ETF in the 2nd quarter valued at approximately $27,000. Ancora Advisors LLC increased its stake in shares of Vanguard Mega Cap Growth ETF by 88.6% in the third quarter. Ancora Advisors LLC now owns 66 shares of the company’s stock worth $27,000 after buying an additional 31 shares during the last quarter. Harbor Asset Planning Inc. acquired a new stake in Vanguard Mega Cap Growth ETF in the second quarter valued at $28,000. Aventura Private Wealth LLC acquired a new stake in Vanguard Mega Cap Growth ETF in the fourth quarter valued at $28,000. Finally, Atlantic Union Bankshares Corp bought a new position in Vanguard Mega Cap Growth ETF during the 2nd quarter valued at $30,000.

Vanguard Mega Cap Growth ETF Price Performance

Vanguard Mega Cap Growth ETF stock traded down $0.60 during midday trading on Friday, hitting $408.28. 1,520,880 shares of the stock were exchanged, compared to its average volume of 875,697. Vanguard Mega Cap Growth ETF has a 1 year low of $262.65 and a 1 year high of $426.80. The firm has a market cap of $32.03 billion, a P/E ratio of 37.33 and a beta of 1.18. The company has a 50 day moving average price of $411.99 and a two-hundred day moving average price of $398.44.

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.