Short Interest in Vanguard Russell 1000 (NASDAQ:VONE) Increases By 120.5%

Vanguard Russell 1000 (NASDAQ:VONE) saw a significant increase in short interest in the month of June. As of June 15th, there was short interest totalling 26,900 shares, an increase of 120.5% from the May 31st total of 12,200 shares. Based on an average daily trading volume, of 57,200 shares, the days-to-cover ratio is currently 0.5 days.

Institutional Trading of Vanguard Russell 1000

Institutional investors have recently added to or reduced their stakes in the business. Tower Research Capital LLC TRC lifted its stake in Vanguard Russell 1000 by 154.7% in the fourth quarter. Tower Research Capital LLC TRC now owns 135 shares of the company’s stock valued at $29,000 after acquiring an additional 82 shares during the last quarter. National Bank of Canada FI acquired a new stake in Vanguard Russell 1000 in the fourth quarter valued at approximately $30,000. Geneos Wealth Management Inc. acquired a new stake in Vanguard Russell 1000 in the first quarter valued at approximately $35,000. West Branch Capital LLC acquired a new stake in Vanguard Russell 1000 in the fourth quarter valued at approximately $39,000. Finally, PNC Financial Services Group Inc. acquired a new stake in Vanguard Russell 1000 in the fourth quarter valued at approximately $108,000.

Vanguard Russell 1000 Stock Performance

Shares of VONE stock traded down $0.98 during trading on Friday, hitting $246.07. 32,952 shares of the company were exchanged, compared to its average volume of 64,624. The firm has a market capitalization of $4.88 billion, a price-to-earnings ratio of 24.78 and a beta of 1.02. The business’s 50-day simple moving average is $239.38 and its 200 day simple moving average is $230.65. Vanguard Russell 1000 has a twelve month low of $185.74 and a twelve month high of $248.75.

Vanguard Russell 1000 Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, July 1st. Shareholders of record on Thursday, June 27th will be paid a $0.814 dividend. The ex-dividend date is Thursday, June 27th. This is a boost from Vanguard Russell 1000’s previous quarterly dividend of $0.72. This represents a $3.26 dividend on an annualized basis and a yield of 1.32%.

About Vanguard Russell 1000

The Vanguard Russell 1000 ETF (VONE) is an exchange-traded fund that is based on the Russell 1000 index, a market-cap-weighted index of the 1000 largest US companies. VONE was launched on Sep 20, 2010 and is managed by Vanguard.