Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG) Short Interest Up 136.0% in May

Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG) was the target of a large increase in short interest during the month of May. As of May 15th, there was short interest totaling 21,473 shares, an increase of 136.0% from the April 30th total of 9,097 shares. Based on an average daily volume of 16,959 shares, the days-to-cover ratio is presently 1.3 days. Approximately 0.4% of the shares of the stock are short sold.

Vanguard Russell 2000 Growth ETF Trading Down 0.4%

VTWG stock traded down $1.19 during trading on Tuesday, hitting $276.96. 12,544 shares of the stock traded hands, compared to its average volume of 24,013. The stock has a market cap of $1.43 billion, a price-to-earnings ratio of 20.82 and a beta of 1.20. Vanguard Russell 2000 Growth ETF has a one year low of $195.00 and a one year high of $280.16. The company has a 50 day simple moving average of $254.68 and a 200 day simple moving average of $246.44.

Vanguard Russell 2000 Growth ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Tuesday, March 24th were given a dividend of $0.3241 per share. The ex-dividend date was Tuesday, March 24th. This represents a $1.30 dividend on an annualized basis and a yield of 0.5%.

Institutional Trading of Vanguard Russell 2000 Growth ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Bank of America Corp DE lifted its position in Vanguard Russell 2000 Growth ETF by 5.4% during the 3rd quarter. Bank of America Corp DE now owns 303,703 shares of the company’s stock worth $70,999,000 after buying an additional 15,449 shares in the last quarter. Assetmark Inc. raised its stake in shares of Vanguard Russell 2000 Growth ETF by 0.4% in the first quarter. Assetmark Inc. now owns 114,799 shares of the company’s stock worth $26,293,000 after acquiring an additional 440 shares during the last quarter. Systelligence LLC lifted its position in shares of Vanguard Russell 2000 Growth ETF by 1.6% during the first quarter. Systelligence LLC now owns 74,008 shares of the company’s stock worth $16,951,000 after purchasing an additional 1,184 shares in the last quarter. Private Advisor Group LLC grew its stake in shares of Vanguard Russell 2000 Growth ETF by 421.4% during the first quarter. Private Advisor Group LLC now owns 71,395 shares of the company’s stock valued at $16,352,000 after purchasing an additional 57,703 shares during the last quarter. Finally, Ameriprise Financial Inc. grew its stake in shares of Vanguard Russell 2000 Growth ETF by 6.7% during the second quarter. Ameriprise Financial Inc. now owns 66,843 shares of the company’s stock valued at $13,933,000 after purchasing an additional 4,174 shares during the last quarter.

About Vanguard Russell 2000 Growth ETF

The Vanguard Russell 2000 Growth ETF (VTWG) is an exchange-traded fund that is based on the Russell 2000 Growth index. The fund tracks an index of US small-cap growth stocks. Holdings are selected and weighted based on EPS growth estimates and historical sales growth. VTWG was launched on Sep 20, 2010 and is managed by Vanguard.