Short Interest in Vanguard Communication Services ETF (NYSEARCA:VOX) Grows By 72.6%

Vanguard Communication Services ETF (NYSEARCA:VOX) saw a significant increase in short interest in the month of July. As of July 31st, there was short interest totaling 228,470 shares, an increase of 72.6% from the July 15th total of 132,373 shares. Approximately 0.7% of the company’s shares are sold short. Based on an average daily volume of 340,469 shares, the days-to-cover ratio is presently 0.7 days.

Vanguard Communication Services ETF Stock Performance

Shares of NYSEARCA VOX traded up $0.12 during trading on Tuesday, reaching $185.95. The stock had a trading volume of 60,406 shares, compared to its average volume of 259,531. The company has a market cap of $5.71 billion, a P/E ratio of 18.46 and a beta of 1.05. Vanguard Communication Services ETF has a fifty-two week low of $172.37 and a fifty-two week high of $200.77. The business’s 50-day moving average price is $186.55 and its 200-day moving average price is $189.54.

Hedge Funds Weigh In On Vanguard Communication Services ETF

Several institutional investors have recently bought and sold shares of VOX. AQR Capital Management LLC boosted its stake in shares of Vanguard Communication Services ETF by 15.2% in the first quarter. AQR Capital Management LLC now owns 5,115 shares of the company’s stock valued at $759,000 after purchasing an additional 676 shares during the period. Jane Street Group LLC purchased a new stake in Vanguard Communication Services ETF during the 1st quarter worth approximately $976,000. Bank of Nova Scotia lifted its holdings in Vanguard Communication Services ETF by 8.6% during the 2nd quarter. Bank of Nova Scotia now owns 14,320 shares of the company’s stock worth $2,449,000 after buying an additional 1,130 shares in the last quarter. The Manufacturers Life Insurance Company lifted its holdings in Vanguard Communication Services ETF by 204.6% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 327,317 shares of the company’s stock worth $55,981,000 after buying an additional 219,842 shares in the last quarter. Finally, Ieq Capital LLC boosted its position in Vanguard Communication Services ETF by 988.8% in the 2nd quarter. Ieq Capital LLC now owns 21,318 shares of the company’s stock valued at $3,646,000 after buying an additional 19,360 shares during the period.

About Vanguard Communication Services ETF

Vanguard Telecommunication Services ETF (the Fund) seeks to track the performance of a benchmark index that measures the investment return of telecommunication services stocks. The Fund seeks to track the performance of the MSCI US Investable Market Telecommunication Services 25/50 Index. The MSCI US Investable Market Telecommunication Services 25/50 Index includes stocks of the United States companies within the telecommunication services sector. The sector is made up of companies that provide communications services primarily through fixed-line, cellular, wireless, high-bandwidth, and/or fiber-optic cable networks.