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

Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG) was the target of a significant growth in short interest in the month of August. As of August 14th, there was short interest totaling 19,153 shares, a growth of 307.3% from the July 30th total of 4,702 shares. Currently, 0.4% of the company’s stock are sold short. Based on an average daily trading volume, of 21,767 shares, the days-to-cover ratio is currently 0.9 days.

Vanguard Russell 2000 Growth ETF Price Performance

Shares of NASDAQ VTWG opened at $276.72 on Friday. Vanguard Russell 2000 Growth ETF has a 1 year low of $218.84 and a 1 year high of $289.14. The firm has a 50-day moving average of $280.39 and a 200 day moving average of $263.12. The stock has a market cap of $1.50 billion, a P/E ratio of 20.82 and a beta of 1.20.

Vanguard Russell 2000 Growth ETF Increases Dividend

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

Institutional Investors Weigh In On Vanguard Russell 2000 Growth ETF

Several hedge funds have recently added to or reduced their stakes in the stock. Corient Private Wealth LP purchased a new stake in Vanguard Russell 2000 Growth ETF during the 2nd quarter valued at about $288,000. Ameritas Advisory Services LLC purchased a new position in Vanguard Russell 2000 Growth ETF in the second quarter worth about $79,000. Nvest Financial LLC raised its holdings in Vanguard Russell 2000 Growth ETF by 9.1% in the second quarter. Nvest Financial LLC now owns 27,103 shares of the company’s stock worth $7,797,000 after buying an additional 2,256 shares during the last quarter. High Net Worth Advisory Group LLC lifted its stake in shares of Vanguard Russell 2000 Growth ETF by 30.1% in the second quarter. High Net Worth Advisory Group LLC now owns 1,626 shares of the company’s stock worth $468,000 after buying an additional 376 shares in the last quarter. Finally, Arlington Trust Co LLC purchased a new stake in shares of Vanguard Russell 2000 Growth ETF during the second quarter valued at approximately $80,000.

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.