Vanguard International Dividend Appreciation ETF (NASDAQ:VIGI) Sees Significant Growth in Short Interest

Vanguard International Dividend Appreciation ETF (NASDAQ:VIGI) saw a large increase in short interest in the month of September. As of September 15th, there was short interest totaling 485,099 shares, an increase of 63.6% from the August 31st total of 296,474 shares. Based on an average daily volume of 224,572 shares, the days-to-cover ratio is currently 2.2 days. Approximately 0.5% of the company’s stock are sold short.

Vanguard International Dividend Appreciation ETF Stock Performance

VIGI stock traded down $0.12 during mid-day trading on Wednesday, reaching $94.68. The company had a trading volume of 100,608 shares, compared to its average volume of 354,510. The firm has a fifty day simple moving average of $97.52 and a 200 day simple moving average of $94.12. The company has a market capitalization of $8.85 billion, a price-to-earnings ratio of 21.41 and a beta of 0.70. Vanguard International Dividend Appreciation ETF has a fifty-two week low of $85.23 and a fifty-two week high of $99.99.

Institutional Trading of Vanguard International Dividend Appreciation ETF

Several hedge funds have recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. grew its holdings in Vanguard International Dividend Appreciation ETF by 2.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 826,631 shares of the company’s stock worth $77,191,000 after acquiring an additional 23,538 shares in the last quarter. Royal Bank of Canada raised its holdings in shares of Vanguard International Dividend Appreciation ETF by 2.3% in the 1st quarter. Royal Bank of Canada now owns 687,632 shares of the company’s stock valued at $60,828,000 after purchasing an additional 15,296 shares in the last quarter. ESL Trust Services LLC lifted its position in shares of Vanguard International Dividend Appreciation ETF by 3.9% during the 4th quarter. ESL Trust Services LLC now owns 539,074 shares of the company’s stock worth $49,298,000 after purchasing an additional 20,106 shares during the last quarter. Cetera Investment Advisers lifted its position in shares of Vanguard International Dividend Appreciation ETF by 2.7% during the 1st quarter. Cetera Investment Advisers now owns 462,280 shares of the company’s stock worth $40,893,000 after purchasing an additional 12,162 shares during the last quarter. Finally, NewEdge Advisors LLC grew its stake in shares of Vanguard International Dividend Appreciation ETF by 2.3% during the first quarter. NewEdge Advisors LLC now owns 365,775 shares of the company’s stock worth $32,356,000 after purchasing an additional 8,067 shares in the last quarter.

About Vanguard International Dividend Appreciation ETF

The Vanguard International Dividend Appreciation ETF (VIGI) is an exchange-traded fund that is based on the S&P Global Ex-U.S. Dividend Growers index, a market-cap-weighted index of developed and emerging market firms (ex-US) that have increased their annual dividends for seven consecutive years. VIGI was launched on Feb 25, 2016 and is managed by Vanguard.