Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) Short Interest Up 171.4% in April

Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) was the recipient of a significant growth in short interest in April. As of April 30th, there was short interest totaling 653,840 shares, a growth of 171.4% from the April 15th total of 240,938 shares. Approximately 0.9% of the company’s stock are sold short. Based on an average daily volume of 1,751,092 shares, the short-interest ratio is currently 0.4 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Ancora Advisors LLC lifted its position in Vanguard Mega Cap Growth ETF by 88.6% during the 3rd quarter. Ancora Advisors LLC now owns 66 shares of the company’s stock worth $27,000 after acquiring an additional 31 shares during the last quarter. Aventura Private Wealth LLC acquired a new position in Vanguard Mega Cap Growth ETF during the 4th quarter worth $28,000. IFC & Insurance Marketing Inc. acquired a new position in Vanguard Mega Cap Growth ETF during the 4th quarter worth $32,000. Costello Asset Management INC lifted its position in Vanguard Mega Cap Growth ETF by 116.3% during the 4th quarter. Costello Asset Management INC now owns 93 shares of the company’s stock worth $39,000 after acquiring an additional 50 shares during the last quarter. Finally, Newbridge Financial Services Group Inc. lifted its position in Vanguard Mega Cap Growth ETF by 350.0% during the 4th quarter. Newbridge Financial Services Group Inc. now owns 99 shares of the company’s stock worth $41,000 after acquiring an additional 77 shares during the last quarter.

Vanguard Mega Cap Growth ETF Price Performance

NYSEARCA:MGK traded down $1.18 during trading hours on Friday, reaching $88.54. The company’s stock had a trading volume of 1,788,741 shares, compared to its average volume of 2,599,316. The company has a market cap of $6.68 billion, a price-to-earnings ratio of 37.33 and a beta of 1.23. Vanguard Mega Cap Growth ETF has a one year low of $67.07 and a one year high of $89.86. The business’s 50-day moving average is $79.71 and its 200-day moving average is $80.78.

Vanguard Mega Cap Growth ETF Company Profile

The Vanguard Mega Cap Growth ETF (MGK) is an exchange-traded fund that is based on the CRSP US Mega Growth index. The fund tracks the CRSP US Mega Cap Growth Index. The index selects stocks from the top 70% of investable market capitalization based on growth factors. MGK was launched on Dec 17, 2007 and is managed by Vanguard.