Vanguard Utilities ETF (NYSEARCA:VPU) Sees Significant Increase in Short Interest

by · The Cerbat Gem

Vanguard Utilities ETF (NYSEARCA:VPU – Get Free Report) saw a significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 139,689 shares, an increase of 108.8% from the August 15th total of 66,909 shares. Based on an average daily volume of 236,587 shares, the days-to-cover ratio is presently 0.6 days. Approximately 0.3% of the shares of the company are sold short.

Hedge Funds Weigh In On Vanguard Utilities ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Jessup Wealth Management Inc bought a new position in Vanguard Utilities ETF in the fourth quarter valued at about $27,000. IFC & Insurance Marketing Inc. bought a new position in shares of Vanguard Utilities ETF during the 4th quarter valued at about $28,000. Van Den Berg Management I Inc. acquired a new position in shares of Vanguard Utilities ETF in the first quarter valued at approximately $32,000. Kohmann Bosshard Financial Services LLC raised its stake in shares of Vanguard Utilities ETF by 905.9% in the 1st quarter. Kohmann Bosshard Financial Services LLC now owns 171 shares of the company’s stock valued at $34,000 after purchasing an additional 154 shares during the period. Finally, Imprint Wealth LLC bought a new stake in Vanguard Utilities ETF in the 3rd quarter valued at approximately $38,000.

Vanguard Utilities ETF Stock Down 1.1%

Shares of VPU stock traded down $1.97 during trading hours on Monday, reaching $181.22. 229,327 shares of the company’s stock were exchanged, compared to its average volume of 257,584. The stock has a market capitalization of $8.02 billion, a P/E ratio of 20.60 and a beta of 0.58. The business has a fifty day moving average price of $190.89 and a 200-day moving average price of $195.05. Vanguard Utilities ETF has a fifty-two week low of $180.88 and a fifty-two week high of $206.10.

Vanguard Utilities ETF Company Profile

(Get Free Report)

Vanguard Utilities ETF (the Fund) is an exchange-traded class of shares issued by Vanguard Utilities Index Fund. The Fund tracks the performance of Morgan Stanley Capital International United States Investable Market Utilities Index, an index made up of stocks of large, medium-size and small United States companies in the utilities sector, as classified under the Global Industry Classification Standard (GICS). This GICS sector is made up of those companies considered electric, gas, or water utilities, or companies that operate as independent producers and/or distributors of power.

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