Vanguard S&P Mid-Cap 400 Value ETF (NYSEARCA:IVOV) Short Interest Down 42.8% in May

Vanguard S&P Mid-Cap 400 Value ETF (NYSEARCA:IVOV) was the target of a large decline in short interest during the month of May. As of May 15th, there was short interest totaling 26,536 shares, a decline of 42.8% from the April 30th total of 46,426 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average trading volume of 23,089 shares, the days-to-cover ratio is presently 1.1 days.

Institutional Trading of Vanguard S&P Mid-Cap 400 Value ETF

Hedge funds have recently modified their holdings of the stock. Smartleaf Asset Management LLC acquired a new position in Vanguard S&P Mid-Cap 400 Value ETF in the 4th quarter valued at about $34,000. Assetmark Inc. grew its position in shares of Vanguard S&P Mid-Cap 400 Value ETF by 65.6% in the fourth quarter. Assetmark Inc. now owns 346 shares of the company’s stock valued at $35,000 after purchasing an additional 137 shares during the last quarter. Sound Income Strategies LLC acquired a new position in shares of Vanguard S&P Mid-Cap 400 Value ETF in the fourth quarter valued at approximately $37,000. Geneos Wealth Management Inc. increased its stake in shares of Vanguard S&P Mid-Cap 400 Value ETF by 100.0% during the second quarter. Geneos Wealth Management Inc. now owns 448 shares of the company’s stock worth $43,000 after purchasing an additional 224 shares during the period. Finally, Flagship Harbor Advisors LLC acquired a new stake in Vanguard S&P Mid-Cap 400 Value ETF during the 4th quarter worth approximately $112,000.

Vanguard S&P Mid-Cap 400 Value ETF Price Performance

Vanguard S&P Mid-Cap 400 Value ETF stock traded up $0.63 during mid-day trading on Thursday, hitting $110.71. 9,489 shares of the company’s stock traded hands, compared to its average volume of 25,010. The firm has a 50 day simple moving average of $106.88 and a two-hundred day simple moving average of $105.15. Vanguard S&P Mid-Cap 400 Value ETF has a fifty-two week low of $91.89 and a fifty-two week high of $110.97. The stock has a market cap of $1.29 billion, a price-to-earnings ratio of 15.67 and a beta of 0.99.

Vanguard S&P Mid-Cap 400 Value ETF Company Profile

The Vanguard S&P Mid-Cap 400 Value ETF (IVOV) is an exchange-traded fund that is based on the S&P Mid Cap 400 Value index. The fund tracks an index of value-style securities from the Committee-selected S&P mid-cap 400. IVOV was launched on Sep 9, 2010 and is managed by Vanguard.