Vanguard Mega Cap ETF (NYSEARCA:MGC) Short Interest Up 73.8% in December

by · The Cerbat Gem

Vanguard Mega Cap ETF (NYSEARCA:MGC – Get Free Report) saw a large increase in short interest in the month of December. As of December 31st, there was short interest totaling 23,590 shares, an increase of 73.8% from the December 15th total of 13,574 shares. Based on an average daily trading volume, of 373,690 shares, the short-interest ratio is currently 0.1 days. Approximately 0.1% of the shares of the company are short sold. Approximately 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 373,690 shares, the short-interest ratio is currently 0.1 days.

Institutional Trading of Vanguard Mega Cap ETF

A number of institutional investors have recently added to or reduced their stakes in MGC. Kilter Group LLC purchased a new position in Vanguard Mega Cap ETF in the second quarter worth $26,000. St. Johns Investment Management Company LLC bought a new stake in Vanguard Mega Cap ETF during the second quarter worth about $34,000. Collier Financial purchased a new position in shares of Vanguard Mega Cap ETF in the 3rd quarter worth about $37,000. Howe & Rusling Inc. bought a new position in shares of Vanguard Mega Cap ETF during the 3rd quarter valued at about $60,000. Finally, Bfsg LLC increased its position in shares of Vanguard Mega Cap ETF by 1,165.0% during the 3rd quarter. Bfsg LLC now owns 253 shares of the company’s stock valued at $62,000 after purchasing an additional 233 shares during the last quarter.

Vanguard Mega Cap ETF Stock Performance

MGC stock traded up $0.47 during midday trading on Thursday, reaching $253.23. 128,674 shares of the company’s stock traded hands, compared to its average volume of 103,017. The firm has a market capitalization of $9.93 billion, a PE ratio of 26.06 and a beta of 1.01. The company has a 50-day moving average price of $250.62 and a two-hundred day moving average price of $242.05. Vanguard Mega Cap ETF has a 52 week low of $173.32 and a 52 week high of $255.60.

Vanguard Mega Cap ETF Company Profile

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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.

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