Vanguard FTSE Pacific ETF (NYSEARCA:VPL) Sees Significant Growth in Short Interest

Vanguard FTSE Pacific ETF (NYSEARCA:VPL) saw a large increase in short interest in February. As of February 13th, there was short interest totaling 860,796 shares, an increase of 673.4% from the January 29th total of 111,298 shares. Approximately 0.9% of the company’s shares are sold short. Based on an average trading volume of 1,239,887 shares, the days-to-cover ratio is presently 0.7 days. Based on an average trading volume of 1,239,887 shares, the days-to-cover ratio is presently 0.7 days. Approximately 0.9% of the company’s shares are sold short.

Hedge Funds Weigh In On Vanguard FTSE Pacific ETF

Institutional investors have recently modified their holdings of the business. Twin Peaks Wealth Advisors LLC acquired a new stake in shares of Vanguard FTSE Pacific ETF in the second quarter valued at $26,000. Parkside Financial Bank & Trust purchased a new stake in Vanguard FTSE Pacific ETF during the 3rd quarter worth about $26,000. Dorato Capital Management acquired a new stake in Vanguard FTSE Pacific ETF in the 4th quarter valued at about $29,000. Annis Gardner Whiting Capital Advisors LLC purchased a new position in shares of Vanguard FTSE Pacific ETF in the 4th quarter valued at about $32,000. Finally, Aptus Capital Advisors LLC boosted its stake in shares of Vanguard FTSE Pacific ETF by 121.7% in the 4th quarter. Aptus Capital Advisors LLC now owns 408 shares of the company’s stock valued at $37,000 after buying an additional 224 shares during the period.

Vanguard FTSE Pacific ETF Stock Performance

Shares of VPL traded up $0.10 during mid-day trading on Friday, hitting $108.90. 1,087,804 shares of the company’s stock were exchanged, compared to its average volume of 1,594,880. The stock’s 50-day moving average is $98.08 and its 200-day moving average is $92.29. Vanguard FTSE Pacific ETF has a fifty-two week low of $64.21 and a fifty-two week high of $109.36. The company has a market cap of $10.07 billion, a price-to-earnings ratio of 14.65 and a beta of 0.77.

About Vanguard FTSE Pacific ETF

Vanguard FTSE Pacific ETF, formerly Vanguard MSCI Pacific ETF, is an exchange-traded share class of Vanguard Pacific Stock Index Fund. The Fund seeks to track the investment performance of the MSCI Pacific Index that consists of common stocks of companies located in Japan, Australia, Hong Kong, New Zealand and Singapore. The Fund employs a passive management or indexing investment approach by investing all, or substantially all, of its assets in the common stocks included in the MSCI Pacific Index (the Index).