Short Interest in Vanguard S&P Mid-Cap 400 ETF (NYSEARCA:IVOO) Drops By 46.5%

Vanguard S&P Mid-Cap 400 ETF (NYSEARCA:IVOO) was the recipient of a large decline in short interest during the month of July. As of July 31st, there was short interest totaling 71,454 shares, a decline of 46.5% from the July 15th total of 133,575 shares. Currently, 0.2% of the company’s shares are short sold. Based on an average daily volume of 72,048 shares, the days-to-cover ratio is presently 1.0 days.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Dogwood Wealth Management LLC bought a new stake in Vanguard S&P Mid-Cap 400 ETF in the second quarter valued at about $26,000. Sound Income Strategies LLC grew its position in shares of Vanguard S&P Mid-Cap 400 ETF by 92.4% during the 1st quarter. Sound Income Strategies LLC now owns 279 shares of the company’s stock worth $32,000 after buying an additional 134 shares during the period. Archer Investment Corp bought a new stake in shares of Vanguard S&P Mid-Cap 400 ETF in the 2nd quarter valued at about $38,000. Financial Life Planners acquired a new stake in shares of Vanguard S&P Mid-Cap 400 ETF in the 1st quarter valued at approximately $46,000. Finally, Blair William & Co. IL raised its position in shares of Vanguard S&P Mid-Cap 400 ETF by 81.7% in the 3rd quarter. Blair William & Co. IL now owns 456 shares of the company’s stock valued at $50,000 after acquiring an additional 205 shares during the period.

Vanguard S&P Mid-Cap 400 ETF Price Performance

Shares of NYSEARCA IVOO traded down $2.12 during mid-day trading on Tuesday, hitting $130.71. The company’s stock had a trading volume of 66,313 shares, compared to its average volume of 86,215. Vanguard S&P Mid-Cap 400 ETF has a one year low of $105.29 and a one year high of $133.14. The company’s fifty day simple moving average is $128.84 and its 200-day simple moving average is $123.30. The stock has a market cap of $3.81 billion, a price-to-earnings ratio of 18.32 and a beta of 1.01.

Vanguard S&P Mid-Cap 400 ETF Company Profile

The Vanguard S&P Mid-Cap 400 ETF (IVOO) is an exchange-traded fund that is based on the S&P Mid Cap 400 index. The fund tracks a market cap-weighted index of mid-cap US companies. IVOO was launched on Sep 9, 2010 and is managed by Vanguard.