Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) Sees Significant Growth in Short Interest

Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) was the recipient of a large growth in short interest during the month of June. As of June 15th, there was short interest totaling 14,398,501 shares, a growth of 72.5% from the May 31st total of 8,347,258 shares. Based on an average daily trading volume, of 11,527,454 shares, the short-interest ratio is currently 1.2 days. Approximately 0.4% of the company’s shares are sold short.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Nova Wealth Management Inc. raised its position in shares of Vanguard FTSE Developed Markets ETF by 151.5% in the 4th quarter. Nova Wealth Management Inc. now owns 420 shares of the company’s stock worth $26,000 after acquiring an additional 253 shares in the last quarter. Ulland Investment Advisors LLC lifted its stake in shares of Vanguard FTSE Developed Markets ETF by 75.6% in the 3rd quarter. Ulland Investment Advisors LLC now owns 562 shares of the company’s stock valued at $34,000 after purchasing an additional 242 shares during the period. Strategic Wealth Advisors LLC bought a new stake in shares of Vanguard FTSE Developed Markets ETF during the 4th quarter valued at about $35,000. Quaker Wealth Management LLC boosted its position in shares of Vanguard FTSE Developed Markets ETF by 7,637.5% during the 4th quarter. Quaker Wealth Management LLC now owns 619 shares of the company’s stock valued at $39,000 after purchasing an additional 611 shares in the last quarter. Finally, Tidemark LLC grew its stake in Vanguard FTSE Developed Markets ETF by 80.9% during the fourth quarter. Tidemark LLC now owns 624 shares of the company’s stock worth $39,000 after purchasing an additional 279 shares during the period.

Vanguard FTSE Developed Markets ETF Trading Up 0.6%

Shares of VEA stock opened at $70.81 on Friday. Vanguard FTSE Developed Markets ETF has a 1-year low of $55.68 and a 1-year high of $73.23. The stock has a market cap of $227.88 billion, a price-to-earnings ratio of 16.34 and a beta of 0.83. The stock has a 50-day moving average of $70.43 and a 200-day moving average of $67.36.

About Vanguard FTSE Developed Markets ETF

The Vanguard Developed Markets Index Fund (VEA) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market-cap weighted index of large-, mid- and small-cap stocks from developed markets outside the US. VEA was launched on Jul 20, 2007 and is managed by Vanguard.