Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG) Sees Large Growth in Short Interest

Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG) saw a significant increase in short interest in the month of June. As of June 15th, there was short interest totaling 39,596 shares, an increase of 85.7% from the May 31st total of 21,328 shares. Approximately 0.8% of the shares of the company are short sold. Based on an average daily trading volume, of 17,133 shares, the days-to-cover ratio is currently 2.3 days.

Hedge Funds Weigh In On Vanguard Russell 2000 Growth ETF

Several institutional investors have recently bought and sold shares of the company. Vermillion Wealth Management Inc. lifted its holdings in Vanguard Russell 2000 Growth ETF by 16.3% during the 1st quarter. Vermillion Wealth Management Inc. now owns 12,732 shares of the company’s stock worth $2,916,000 after purchasing an additional 1,781 shares in the last quarter. Elm3 Financial Group LLC purchased a new position in Vanguard Russell 2000 Growth ETF during the 4th quarter valued at about $754,000. Kelsey Financial LLC purchased a new position in Vanguard Russell 2000 Growth ETF during the 4th quarter valued at about $531,000. Systelligence LLC bought a new stake in shares of Vanguard Russell 2000 Growth ETF during the fourth quarter valued at about $17,186,000. Finally, JPMorgan Chase & Co. lifted its holdings in shares of Vanguard Russell 2000 Growth ETF by 23.1% in the third quarter. JPMorgan Chase & Co. now owns 13,729 shares of the company’s stock worth $3,210,000 after buying an additional 2,579 shares in the last quarter.

Vanguard Russell 2000 Growth ETF Stock Up 0.3%

NASDAQ VTWG traded up $0.91 during trading hours on Wednesday, reaching $288.59. 1,626 shares of the company were exchanged, compared to its average volume of 23,726. The stock has a market capitalization of $1.49 billion, a P/E ratio of 20.82 and a beta of 1.20. Vanguard Russell 2000 Growth ETF has a 1 year low of $205.16 and a 1 year high of $288.59. The business’s 50 day simple moving average is $272.35 and its 200-day simple moving average is $253.12.

Vanguard Russell 2000 Growth ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 23rd. Stockholders of record on Thursday, June 18th were paid a dividend of $0.4245 per share. This represents a $1.70 annualized dividend and a dividend yield of 0.6%. The ex-dividend date was Thursday, June 18th. This is an increase from Vanguard Russell 2000 Growth ETF’s previous quarterly dividend of $0.32.

Vanguard Russell 2000 Growth ETF Company Profile

The Vanguard Russell 2000 Growth ETF (VTWG) is an exchange-traded fund that is based on the Russell 2000 Growth index. The fund tracks an index of US small-cap growth stocks. Holdings are selected and weighted based on EPS growth estimates and historical sales growth. VTWG was launched on Sep 20, 2010 and is managed by Vanguard.