Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) Sees Large Growth in Short Interest

Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) saw a large growth in short interest in the month of December. As of December 31st, there was short interest totalling 837,500 shares, a growth of 56.8% from the December 15th total of 534,100 shares. Based on an average daily volume of 814,700 shares, the days-to-cover ratio is presently 1.0 days.

Vanguard Russell 1000 Growth ETF Stock Performance

VONG stock opened at $103.31 on Wednesday. The stock’s 50 day simple moving average is $103.79 and its 200 day simple moving average is $97.80. Vanguard Russell 1000 Growth ETF has a fifty-two week low of $77.47 and a fifty-two week high of $107.96. The company has a market cap of $25.05 billion, a P/E ratio of 36.74 and a beta of 1.08.

Vanguard Russell 1000 Growth ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Thursday, December 26th. Investors of record on Monday, December 23rd were paid a dividend of $0.1378 per share. The ex-dividend date was Monday, December 23rd.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Eastern Bank acquired a new position in Vanguard Russell 1000 Growth ETF during the 3rd quarter worth approximately $35,000. Coastline Trust Co bought a new stake in Vanguard Russell 1000 Growth ETF during the 3rd quarter worth approximately $46,000. Providence Capital Advisors LLC increased its holdings in Vanguard Russell 1000 Growth ETF by 83.2% during the 3rd quarter. Providence Capital Advisors LLC now owns 566 shares of the company’s stock worth $55,000 after purchasing an additional 257 shares in the last quarter. Eagle Bay Advisors LLC increased its holdings in Vanguard Russell 1000 Growth ETF by 140.7% during the 4th quarter. Eagle Bay Advisors LLC now owns 568 shares of the company’s stock worth $59,000 after purchasing an additional 332 shares in the last quarter. Finally, Strategic Investment Solutions Inc. IL bought a new stake in Vanguard Russell 1000 Growth ETF during the 2nd quarter worth approximately $62,000.

Vanguard Russell 1000 Growth ETF Company Profile

The Vanguard Russell 1000 Growth ETF (VONG) is an exchange-traded fund that is based on the Russell 1000 Growth index. The fund tracks an index of US large- and mid-cap stocks selected from the Russell 1000 Index with high growth characteristics, based on Russell’s style methodology. VONG was launched on Sep 20, 2010 and is managed by Vanguard.