Vanguard S&P Mid-Cap 400 ETF (NYSEARCA:IVOO) Sees Large Decline in Short Interest

Vanguard S&P Mid-Cap 400 ETF (NYSEARCA:IVOO) was the target of a significant drop in short interest during the month of April. As of April 30th, there was short interest totaling 78,387 shares, a drop of 37.1% from the April 15th total of 124,687 shares. Based on an average daily trading volume, of 75,848 shares, the short-interest ratio is currently 1.0 days. Approximately 0.3% of the company’s shares are sold short.

Vanguard S&P Mid-Cap 400 ETF Price Performance

NYSEARCA IVOO traded down $0.26 during mid-day trading on Monday, reaching $121.96. 79,853 shares of the stock were exchanged, compared to its average volume of 91,070. Vanguard S&P Mid-Cap 400 ETF has a one year low of $99.59 and a one year high of $127.08. The stock has a 50 day simple moving average of $118.84 and a 200-day simple moving average of $116.29. The stock has a market cap of $3.37 billion, a P/E ratio of 18.32 and a beta of 1.02.

Hedge Funds Weigh In On Vanguard S&P Mid-Cap 400 ETF

A number of hedge funds have recently bought and sold shares of the company. Chicago Partners Investment Group LLC raised its stake in Vanguard S&P Mid-Cap 400 ETF by 1.3% during the first quarter. Chicago Partners Investment Group LLC now owns 7,832 shares of the company’s stock worth $963,000 after buying an additional 104 shares during the last quarter. Wealth Watch Advisors INC increased its stake in Vanguard S&P Mid-Cap 400 ETF by 4.8% in the first quarter. Wealth Watch Advisors INC now owns 2,377 shares of the company’s stock valued at $272,000 after purchasing an additional 108 shares in the last quarter. Stordahl Capital Management Inc. increased its stake in Vanguard S&P Mid-Cap 400 ETF by 2.2% in the fourth quarter. Stordahl Capital Management Inc. now owns 5,410 shares of the company’s stock valued at $605,000 after purchasing an additional 115 shares in the last quarter. Diversify Advisory Services LLC increased its stake in Vanguard S&P Mid-Cap 400 ETF by 2.7% in the fourth quarter. Diversify Advisory Services LLC now owns 4,437 shares of the company’s stock valued at $526,000 after purchasing an additional 116 shares in the last quarter. Finally, Concurrent Investment Advisors LLC increased its stake in Vanguard S&P Mid-Cap 400 ETF by 1.8% in the fourth quarter. Concurrent Investment Advisors LLC now owns 6,912 shares of the company’s stock valued at $773,000 after purchasing an additional 120 shares in the last quarter.

About Vanguard S&P Mid-Cap 400 ETF

The Vanguard S&P Mid-Cap 400 ETF (IVOO) is an exchange-traded fund that is based on the S&P Mid Cap 400 index. The fund tracks a market cap-weighted index of mid-cap US companies. IVOO was launched on Sep 9, 2010 and is managed by Vanguard.