Vanguard Mega Cap ETF (NYSEARCA:MGC) Short Interest Up 73.8% in December

by · The Markets Daily

Vanguard Mega Cap ETF (NYSEARCA:MGC – Get Free Report) was the recipient of a large increase in short interest in December. As of December 31st, there was short interest totaling 23,590 shares, an increase of 73.8% from the December 15th total of 13,574 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily volume of 373,690 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily volume of 373,690 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.1% of the shares of the company are short sold.

Institutional Trading of Vanguard Mega Cap ETF

Several large investors have recently made changes to their positions in the company. Elevation Capital Advisory LLC purchased a new position in shares of Vanguard Mega Cap ETF during the second quarter worth $6,011,000. Beacon Financial Group boosted its holdings in Vanguard Mega Cap ETF by 102.1% during the 3rd quarter. Beacon Financial Group now owns 56,875 shares of the company’s stock valued at $13,883,000 after acquiring an additional 28,738 shares during the period. Commonwealth Equity Services LLC grew its position in Vanguard Mega Cap ETF by 8.3% in the 3rd quarter. Commonwealth Equity Services LLC now owns 210,501 shares of the company’s stock valued at $51,381,000 after acquiring an additional 16,074 shares in the last quarter. AlphaCore Capital LLC increased its stake in Vanguard Mega Cap ETF by 622.9% during the second quarter. AlphaCore Capital LLC now owns 77,739 shares of the company’s stock worth $17,528,000 after purchasing an additional 66,985 shares during the period. Finally, Sowell Financial Services LLC acquired a new stake in shares of Vanguard Mega Cap ETF during the second quarter worth about $257,000.

Vanguard Mega Cap ETF Stock Performance

Shares of Vanguard Mega Cap ETF stock traded down $0.05 on Friday, hitting $253.18. The company’s stock had a trading volume of 108,143 shares, compared to its average volume of 103,495. The company has a market capitalization of $9.93 billion, a price-to-earnings ratio of 26.06 and a beta of 1.01. The firm has a fifty day moving average price of $250.75 and a 200-day moving average price of $242.25. Vanguard Mega Cap ETF has a 1 year low of $173.32 and a 1 year high of $255.60.

Vanguard Mega Cap ETF Company Profile

(Get Free Report)

The Vanguard Mega Cap ETF (MGC) is an exchange-traded fund that is based on the CRSP US Mega Cap index, a market-cap-weighted index that covers 70% of the market capitalization of the US equity market. MGC was launched on Dec 24, 2007 and is managed by Vanguard.

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