Vanguard FTSE Pacific ETF (NYSEARCA:VPL) Shares Shorted: Short Interest Up 295.9% in October

Vanguard FTSE Pacific ETF (NYSEARCA:VPL) was the recipient of a significant growth in short interest during the month of October. As of October 30th, there was short interest totaling 136,630 shares, a growth of 295.9% from the October 15th total of 34,512 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average daily volume of 347,690 shares, the days-to-cover ratio is currently 0.4 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in VPL. Olistico Wealth LLC bought a new stake in Vanguard FTSE Pacific ETF during the 3rd quarter worth approximately $25,000. Horizons Wealth Management bought a new position in shares of Vanguard FTSE Pacific ETF during the third quarter valued at $28,000. Russell Investments Group Ltd. raised its stake in shares of Vanguard FTSE Pacific ETF by 122.2% during the third quarter. Russell Investments Group Ltd. now owns 280 shares of the company’s stock valued at $32,000 after acquiring an additional 154 shares during the last quarter. Oakworth Capital Inc. bought a new position in shares of Vanguard FTSE Pacific ETF during the third quarter valued at $36,000. Finally, Asset Dedication LLC acquired a new position in shares of Vanguard FTSE Pacific ETF during the third quarter worth $36,000.

Vanguard FTSE Pacific ETF Trading Up 2.3%

Shares of VPL stock opened at $107.67 on Thursday. The business’s 50-day moving average price is $113.20 and its 200-day moving average price is $109.54. Vanguard FTSE Pacific ETF has a 12 month low of $87.16 and a 12 month high of $121.23. The firm has a market capitalization of $8.37 billion, a price-to-earnings ratio of 14.65 and a beta of 0.87.

Vanguard FTSE Pacific ETF Company Profile

Vanguard FTSE Pacific ETF, formerly Vanguard MSCI Pacific ETF, is an exchange-traded share class of Vanguard Pacific Stock Index Fund. The Fund seeks to track the investment performance of the MSCI Pacific Index that consists of common stocks of companies located in Japan, Australia, Hong Kong, New Zealand and Singapore. The Fund employs a passive management or indexing investment approach by investing all, or substantially all, of its assets in the common stocks included in the MSCI Pacific Index (the Index).