Vanguard Russell 1000 Value (NASDAQ:VONV) Sees Large Increase in Short Interest

Vanguard Russell 1000 Value (NASDAQ:VONV) saw a significant growth in short interest in the month of January. As of January 15th, there was short interest totalling 638,700 shares, a growth of 167.5% from the December 31st total of 238,800 shares. Based on an average trading volume of 522,400 shares, the days-to-cover ratio is presently 1.2 days.

Vanguard Russell 1000 Value Stock Performance

Vanguard Russell 1000 Value stock traded up $0.29 during midday trading on Wednesday, reaching $85.15. 29,238 shares of the stock were exchanged, compared to its average volume of 555,086. The company’s fifty day moving average is $83.92 and its 200-day moving average is $82.59. Vanguard Russell 1000 Value has a 52 week low of $72.12 and a 52 week high of $87.97. The firm has a market cap of $10.40 billion, a PE ratio of 17.49 and a beta of 0.95.

Vanguard Russell 1000 Value Dividend Announcement

The company also recently disclosed a dividend, which was paid on Thursday, December 26th. Investors of record on Monday, December 23rd were issued a dividend of $0.437 per share. The ex-dividend date of this dividend was Monday, December 23rd.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Future Financial Wealth Managment LLC purchased a new stake in shares of Vanguard Russell 1000 Value in the 3rd quarter valued at $25,000. Synergy Asset Management LLC bought a new stake in Vanguard Russell 1000 Value in the fourth quarter worth $25,000. WFA Asset Management Corp purchased a new stake in Vanguard Russell 1000 Value during the fourth quarter valued at about $26,000. Crews Bank & Trust bought a new position in shares of Vanguard Russell 1000 Value during the fourth quarter valued at about $46,000. Finally, Guardian Wealth Management Inc. increased its holdings in shares of Vanguard Russell 1000 Value by 39.3% in the third quarter. Guardian Wealth Management Inc. now owns 560 shares of the company’s stock worth $47,000 after buying an additional 158 shares during the period.

Vanguard Russell 1000 Value Company Profile

The Vanguard Russell 1000 Value ETF (VONV) is an exchange-traded fund that is based on the Russell 1000 Value index. The fund tracks an index of value stocks selected from the 1,000 largest US companies. VONV was launched on Sep 20, 2010 and is managed by Vanguard.