Short Interest in Vanguard Communication Services ETF (NYSEARCA:VOX) Declines By 45.8%
by Kim Johansen · The Markets DailyVanguard Communication Services ETF (NYSEARCA:VOX – Get Free Report) saw a significant decrease in short interest in the month of May. As of May 15th, there was short interest totaling 83,954 shares, a decrease of 45.8% from the April 30th total of 154,796 shares. Based on an average trading volume of 200,160 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.3% of the shares of the company are sold short.
Vanguard Communication Services ETF Stock Performance
VOX opened at $197.08 on Monday. Vanguard Communication Services ETF has a 1-year low of $156.90 and a 1-year high of $200.77. The stock has a market capitalization of $5.99 billion, a price-to-earnings ratio of 18.46 and a beta of 1.06. The business has a 50 day moving average of $191.36 and a 200-day moving average of $191.08.
Institutional Investors Weigh In On Vanguard Communication Services ETF
Hedge funds have recently modified their holdings of the business. Core Wealth Advisors LLC acquired a new position in shares of Vanguard Communication Services ETF in the fourth quarter valued at $25,000. Main Street Group LTD acquired a new position in shares of Vanguard Communication Services ETF in the first quarter valued at $28,000. Godfrey Financial Associates Inc. acquired a new position in shares of Vanguard Communication Services ETF in the fourth quarter valued at $30,000. Reflection Asset Management acquired a new position in shares of Vanguard Communication Services ETF in the fourth quarter valued at $30,000. Finally, Cornerstone Planning Group LLC raised its stake in shares of Vanguard Communication Services ETF by 835.3% in the first quarter. Cornerstone Planning Group LLC now owns 159 shares of the company’s stock valued at $31,000 after purchasing an additional 142 shares in the last quarter.
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.