Vanguard Communication Services ETF (NYSEARCA:VOX) Short Interest Up 106.6% in June

Vanguard Communication Services ETF (NYSEARCA:VOX) saw a significant growth in short interest in June. As of June 30th, there was short interest totaling 328,599 shares, a growth of 106.6% from the June 15th total of 159,024 shares. Based on an average daily volume of 364,953 shares, the days-to-cover ratio is currently 0.9 days. Currently, 1.1% of the company’s stock are sold short.

Hedge Funds Weigh In On Vanguard Communication Services ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. AQR Capital Management LLC lifted its holdings in shares of Vanguard Communication Services ETF by 15.2% during the 1st quarter. AQR Capital Management LLC now owns 5,115 shares of the company’s stock valued at $759,000 after buying an additional 676 shares during the period. Jane Street Group LLC purchased a new stake in Vanguard Communication Services ETF during the first quarter valued at $976,000. Bank of Nova Scotia increased its position in Vanguard Communication Services ETF by 8.6% during the second quarter. Bank of Nova Scotia now owns 14,320 shares of the company’s stock valued at $2,449,000 after acquiring an additional 1,130 shares during the last quarter. The Manufacturers Life Insurance Company lifted its holdings in Vanguard Communication Services ETF by 204.6% in the second quarter. The Manufacturers Life Insurance Company now owns 327,317 shares of the company’s stock valued at $55,981,000 after acquiring an additional 219,842 shares during the period. Finally, Ieq Capital LLC lifted its holdings in Vanguard Communication Services ETF by 988.8% in the second quarter. Ieq Capital LLC now owns 21,318 shares of the company’s stock valued at $3,646,000 after acquiring an additional 19,360 shares during the period.

Vanguard Communication Services ETF Price Performance

NYSEARCA:VOX traded up $3.70 during mid-day trading on Wednesday, hitting $194.72. 225,761 shares of the company’s stock were exchanged, compared to its average volume of 256,450. The company has a market cap of $5.98 billion, a PE ratio of 18.46 and a beta of 1.05. Vanguard Communication Services ETF has a one year low of $168.62 and a one year high of $200.77. The business has a fifty day moving average price of $190.85 and a 200 day moving average price of $190.81.

About Vanguard Communication Services ETF

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. The sector is made up of companies that provide communications services primarily through fixed-line, cellular, wireless, high-bandwidth, and/or fiber-optic cable networks.