Short Interest in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) Increases By 110.0%

Vanguard Mega Cap Value ETF (NYSEARCA:MGV) was the recipient of a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 184,727 shares, a growth of 110.0% from the July 15th total of 87,970 shares. Based on an average trading volume of 225,650 shares, the short-interest ratio is currently 0.8 days. Approximately 0.2% of the shares of the stock are sold short.

Vanguard Mega Cap Value ETF Stock Performance

NYSEARCA:MGV traded up $0.19 during trading hours on Friday, hitting $168.84. The company’s stock had a trading volume of 175,869 shares, compared to its average volume of 260,253. Vanguard Mega Cap Value ETF has a 52-week low of $132.74 and a 52-week high of $169.05. The business’s 50-day moving average is $163.61 and its two-hundred day moving average is $155.35. The company has a market capitalization of $13.62 billion, a PE ratio of 18.48 and a beta of 0.72.

Hedge Funds Weigh In On Vanguard Mega Cap Value ETF

A number of large investors have recently made changes to their positions in MGV. Compass Financial Management LLC purchased a new stake in Vanguard Mega Cap Value ETF during the second quarter worth about $93,000. Kentucky Trust Co purchased a new position in Vanguard Mega Cap Value ETF in the second quarter valued at about $29,000. Wealthcare Advisory Partners LLC increased its holdings in Vanguard Mega Cap Value ETF by 3.9% in the second quarter. Wealthcare Advisory Partners LLC now owns 154,959 shares of the company’s stock valued at $25,328,000 after buying an additional 5,774 shares in the last quarter. Focus Financial Network Inc. lifted its position in shares of Vanguard Mega Cap Value ETF by 147.6% during the 2nd quarter. Focus Financial Network Inc. now owns 14,587 shares of the company’s stock valued at $2,384,000 after acquiring an additional 8,695 shares during the period. Finally, Breakwater Capital Group lifted its position in shares of Vanguard Mega Cap Value ETF by 1.6% during the 2nd quarter. Breakwater Capital Group now owns 158,867 shares of the company’s stock valued at $25,967,000 after acquiring an additional 2,476 shares during the period.

Vanguard Mega Cap Value ETF Company Profile

Vanguard Mega Cap Value ETF, formerly Vanguard Mega Cap 300 Value Index ETF, seeks to track the performance of a benchmark index that measures the investment return of the largest-capitalization value stocks in the United States. The Fund employs a passive management or indexing investment approach designed to track the performance of the Morgan Stanley Capital International (MSCI) US Large-Cap Value Index, which represents the value companies of the MSCI US Large-Cap 300 Index. The Fund will invest at least 80% of its assets in the stocks that make up its target Index.