Vanguard Mega Cap ETF (NYSEARCA:MGC) Short Interest Update

Vanguard Mega Cap ETF (NYSEARCA:MGC) saw a large drop in short interest in the month of February. As of February 27th, there was short interest totaling 27,118 shares, a drop of 17.5% from the February 12th total of 32,886 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily volume of 123,008 shares, the short-interest ratio is presently 0.2 days. Based on an average daily volume of 123,008 shares, the short-interest ratio is presently 0.2 days. Currently, 0.1% of the shares of the company are short sold.

Vanguard Mega Cap ETF Stock Up 1.1%

Shares of MGC traded up $2.54 during mid-day trading on Monday, reaching $244.08. The company had a trading volume of 182,055 shares, compared to its average volume of 167,687. Vanguard Mega Cap ETF has a 52-week low of $173.32 and a 52-week high of $255.75. The stock has a market capitalization of $9.58 billion, a P/E ratio of 26.06 and a beta of 1.01. The stock has a 50 day moving average of $250.49 and a two-hundred day moving average of $248.00.

Institutional Investors Weigh In On Vanguard Mega Cap ETF

Several hedge funds have recently bought and sold shares of the stock. Jane Street Group LLC lifted its stake in shares of Vanguard Mega Cap ETF by 312.6% in the 1st quarter. Jane Street Group LLC now owns 9,799 shares of the company’s stock valued at $1,973,000 after purchasing an additional 7,424 shares during the period. Bank of Montreal Can increased its holdings in Vanguard Mega Cap ETF by 110.8% in the second quarter. Bank of Montreal Can now owns 333 shares of the company’s stock valued at $75,000 after buying an additional 175 shares in the last quarter. Bank of New York Mellon Corp increased its holdings in Vanguard Mega Cap ETF by 0.8% in the second quarter. Bank of New York Mellon Corp now owns 42,664 shares of the company’s stock valued at $9,596,000 after buying an additional 322 shares in the last quarter. AE Wealth Management LLC raised its position in shares of Vanguard Mega Cap ETF by 5.5% in the second quarter. AE Wealth Management LLC now owns 1,105 shares of the company’s stock worth $249,000 after acquiring an additional 58 shares during the period. Finally, Wealthspire Advisors LLC purchased a new stake in shares of Vanguard Mega Cap ETF during the 2nd quarter worth about $207,000.

About Vanguard Mega Cap ETF

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.