Short Interest in Vanguard Energy ETF (NYSEARCA:VDE) Drops By 50.1%

Vanguard Energy ETF (NYSEARCA:VDE) was the recipient of a large decrease in short interest during the month of June. As of June 30th, there was short interest totaling 132,485 shares, a decrease of 50.1% from the June 15th total of 265,632 shares. Based on an average trading volume of 855,149 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.2% of the shares of the stock are short sold.

Vanguard Energy ETF Trading Up 0.8%

Shares of Vanguard Energy ETF stock traded up $1.34 during midday trading on Thursday, reaching $160.76. The company had a trading volume of 300,070 shares, compared to its average volume of 961,019. The company has a market capitalization of $9.64 billion, a price-to-earnings ratio of 14.10 and a beta of 0.43. The stock has a fifty day simple moving average of $159.47 and a 200 day simple moving average of $155.22. Vanguard Energy ETF has a 1-year low of $118.17 and a 1-year high of $179.34.

Hedge Funds Weigh In On Vanguard Energy ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of VDE. BNP Paribas Financial Markets lifted its stake in shares of Vanguard Energy ETF by 23,247.2% in the 2nd quarter. BNP Paribas Financial Markets now owns 353,477 shares of the company’s stock valued at $42,106,000 after purchasing an additional 351,963 shares during the period. Ameritas Advisory Services LLC grew its stake in shares of Vanguard Energy ETF by 5,416.8% during the fourth quarter. Ameritas Advisory Services LLC now owns 195,956 shares of the company’s stock worth $24,675,000 after purchasing an additional 192,404 shares during the period. Corient Private Wealth LLC grew its stake in shares of Vanguard Energy ETF by 90.8% during the second quarter. Corient Private Wealth LLC now owns 307,070 shares of the company’s stock worth $36,578,000 after purchasing an additional 146,147 shares during the period. TrueWealth Financial Partners bought a new stake in Vanguard Energy ETF in the first quarter valued at about $14,706,000. Finally, Royal Bank of Canada increased its holdings in Vanguard Energy ETF by 17.6% in the first quarter. Royal Bank of Canada now owns 493,318 shares of the company’s stock valued at $85,364,000 after purchasing an additional 73,950 shares during the last quarter.

Vanguard Energy ETF Company Profile

Vanguard Energy ETF (the Fund) is an exchange-traded share class of Vanguard Energy Index Fund. The Fund employs a passive management or indexing investment approach designed to track the performance of the Morgan Stanley Capital International (MSCI) US Investable Market Energy Index (the Index), an index of stocks of large, medium and small United States companies in the energy sector, as classified under the Global Industry Classification Standard (GICS). This GICS sector is made up of companies whose businesses are dominated by activities, such as the construction or provision of oil rigs, drilling equipment, and other energy-related service and equipment (such as seismic data collection), or companies engaged in the exploration, production, marketing, refining, and/or transportation of oil and gas products.