Short Interest in Vanguard Global ex-U.S. Real Estate ETF (NASDAQ:VNQI) Drops By 50.3%

Vanguard Global ex-U.S. Real Estate ETF (NASDAQ:VNQI) saw a large decline in short interest in February. As of February 27th, there was short interest totaling 980,871 shares, a decline of 50.3% from the February 12th total of 1,972,452 shares. Based on an average daily volume of 280,682 shares, the days-to-cover ratio is presently 3.5 days. Currently, 1.3% of the shares of the company are short sold. Currently, 1.3% of the shares of the company are short sold. Based on an average daily volume of 280,682 shares, the days-to-cover ratio is presently 3.5 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of VNQI. Brighton Jones LLC lifted its holdings in Vanguard Global ex-U.S. Real Estate ETF by 88.8% in the fourth quarter. Brighton Jones LLC now owns 18,977 shares of the company’s stock valued at $751,000 after acquiring an additional 8,928 shares during the period. Royal Bank of Canada grew its stake in shares of Vanguard Global ex-U.S. Real Estate ETF by 3.2% during the 1st quarter. Royal Bank of Canada now owns 68,177 shares of the company’s stock worth $2,759,000 after purchasing an additional 2,093 shares during the period. AQR Capital Management LLC purchased a new position in shares of Vanguard Global ex-U.S. Real Estate ETF in the 1st quarter valued at about $206,000. AE Wealth Management LLC lifted its stake in shares of Vanguard Global ex-U.S. Real Estate ETF by 185.8% in the second quarter. AE Wealth Management LLC now owns 923 shares of the company’s stock valued at $43,000 after purchasing an additional 600 shares during the period. Finally, PNC Financial Services Group Inc. lifted its stake in shares of Vanguard Global ex-U.S. Real Estate ETF by 26.9% in the second quarter. PNC Financial Services Group Inc. now owns 11,697 shares of the company’s stock valued at $540,000 after purchasing an additional 2,477 shares during the period.

Vanguard Global ex-U.S. Real Estate ETF Price Performance

NASDAQ VNQI traded down $0.37 on Friday, hitting $45.48. 103,328 shares of the company’s stock were exchanged, compared to its average volume of 397,499. The firm has a market cap of $3.50 billion, a price-to-earnings ratio of 16.56 and a beta of 0.76. The firm’s 50-day moving average price is $48.41 and its two-hundred day moving average price is $47.68. Vanguard Global ex-U.S. Real Estate ETF has a fifty-two week low of $37.52 and a fifty-two week high of $50.88.

About Vanguard Global ex-U.S. Real Estate ETF

The Vanguard Global ex-U.S. Real Estate ETF (VNQI) is an exchange-traded fund that is based on the S&P Global x United States Property index, a market-cap-weighted index of non-US real estate investment trusts. VNQI was launched on Nov 1, 2010 and is managed by Vanguard.