Vanguard Communication Services ETF (NYSEARCA:VOX) Short Interest Update

Vanguard Communication Services ETF (NYSEARCA:VOX) was the target of a significant drop in short interest in May. As of May 31st, there was short interest totalling 93,600 shares, a drop of 58.2% from the May 15th total of 223,800 shares. Approximately 0.3% of the company’s stock are short sold. Based on an average daily volume of 271,900 shares, the short-interest ratio is presently 0.3 days.

Vanguard Communication Services ETF Trading Down 1.0%

Shares of NYSEARCA VOX opened at $162.44 on Monday. Vanguard Communication Services ETF has a twelve month low of $127.35 and a twelve month high of $169.62. The business has a 50 day simple moving average of $152.08 and a 200-day simple moving average of $155.77. The company has a market capitalization of $5.51 billion, a price-to-earnings ratio of 19.32 and a beta of 1.08.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Bank of America Corp DE raised its holdings in shares of Vanguard Communication Services ETF by 1.0% during the fourth quarter. Bank of America Corp DE now owns 1,673,616 shares of the company’s stock valued at $259,344,000 after buying an additional 16,079 shares during the last quarter. Wells Fargo & Company MN boosted its holdings in Vanguard Communication Services ETF by 2.8% during the fourth quarter. Wells Fargo & Company MN now owns 799,797 shares of the company’s stock worth $123,936,000 after buying an additional 21,540 shares in the last quarter. Foundations Investment Advisors LLC bought a new stake in shares of Vanguard Communication Services ETF during the 1st quarter worth $57,094,000. Ameriprise Financial Inc. raised its position in shares of Vanguard Communication Services ETF by 0.6% during the first quarter. Ameriprise Financial Inc. now owns 303,821 shares of the company’s stock worth $45,094,000 after purchasing an additional 1,765 shares during the period. Finally, LPL Financial LLC lifted its holdings in shares of Vanguard Communication Services ETF by 1.5% during the first quarter. LPL Financial LLC now owns 253,985 shares of the company’s stock valued at $37,689,000 after purchasing an additional 3,815 shares during the last quarter.

Vanguard Communication Services ETF Company Profile

Vanguard Telecommunication Services ETF (the Fund) seeks to track the performance of a benchmark index that measures the investment return of telecommunication services stocks. The Fund seeks to track the performance of the MSCI US Investable Market Telecommunication Services 25/50 Index. The MSCI US Investable Market Telecommunication Services 25/50 Index includes stocks of the United States companies within the telecommunication services sector.