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

Vanguard FTSE Pacific ETF (NYSEARCA:VPL) saw a large drop in short interest in the month of October. As of October 15th, there was short interest totaling 34,512 shares, a drop of 96.5% from the September 30th total of 990,951 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 309,881 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the business. Olistico Wealth LLC bought a new position in shares of Vanguard FTSE Pacific ETF during the third quarter valued at approximately $25,000. Horizons Wealth Management bought a new stake in shares of Vanguard FTSE Pacific ETF in the 3rd quarter worth approximately $28,000. Oakworth Capital Inc. purchased a new stake in shares of Vanguard FTSE Pacific ETF in the third quarter worth $36,000. Trust Co. of Vermont bought a new stake in Vanguard FTSE Pacific ETF during the 2nd quarter valued at about $44,000. Finally, CoreCap Advisors LLC grew its holdings in shares of Vanguard FTSE Pacific ETF by 624.1% during the second quarter. CoreCap Advisors LLC now owns 391 shares of the company’s stock valued at $45,000 after buying an additional 337 shares during the last quarter.

Vanguard FTSE Pacific ETF Trading Up 0.4%

VPL opened at $109.29 on Tuesday. The business’s 50-day moving average price is $115.03 and its 200-day moving average price is $108.71. The company has a market cap of $8.47 billion, a P/E ratio of 14.65 and a beta of 0.83. Vanguard FTSE Pacific ETF has a 12 month low of $87.16 and a 12 month high of $121.23.

Vanguard FTSE Pacific ETF Company Profile

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).