Vanguard Information Technology ETF (NYSEARCA:VGT) Short Interest Up 23.4% in January

Vanguard Information Technology ETF (NYSEARCA:VGT) was the recipient of a significant growth in short interest during the month of January. As of January 30th, there was short interest totaling 517,991 shares, a growth of 23.4% from the January 15th total of 419,615 shares. Approximately 0.3% of the company’s stock are short sold. Based on an average daily volume of 553,258 shares, the short-interest ratio is currently 0.9 days. Based on an average daily volume of 553,258 shares, the short-interest ratio is currently 0.9 days. Approximately 0.3% of the company’s stock are short sold.

Vanguard Information Technology ETF Stock Up 0.2%

Shares of VGT opened at $730.80 on Tuesday. The firm has a market cap of $109.36 billion, a price-to-earnings ratio of 34.55 and a beta of 1.25. The business’s 50 day moving average is $753.93 and its two-hundred day moving average is $742.47. Vanguard Information Technology ETF has a 52-week low of $451.00 and a 52-week high of $806.99.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in VGT. Brighton Jones LLC grew its stake in Vanguard Information Technology ETF by 34.9% in the fourth quarter. Brighton Jones LLC now owns 2,313 shares of the exchange traded fund’s stock worth $1,438,000 after purchasing an additional 598 shares in the last quarter. AQR Capital Management LLC lifted its holdings in Vanguard Information Technology ETF by 80.9% during the 1st quarter. AQR Capital Management LLC now owns 4,147 shares of the exchange traded fund’s stock worth $2,249,000 after buying an additional 1,854 shares during the last quarter. Goldman Sachs Group Inc. lifted its holdings in Vanguard Information Technology ETF by 0.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 112,999 shares of the exchange traded fund’s stock worth $61,288,000 after buying an additional 305 shares during the last quarter. Vanguard Personalized Indexing Management LLC grew its position in shares of Vanguard Information Technology ETF by 15.6% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 1,218 shares of the exchange traded fund’s stock worth $808,000 after acquiring an additional 164 shares in the last quarter. Finally, Koshinski Asset Management Inc. increased its holdings in shares of Vanguard Information Technology ETF by 22.2% in the 2nd quarter. Koshinski Asset Management Inc. now owns 937 shares of the exchange traded fund’s stock valued at $621,000 after acquiring an additional 170 shares during the last quarter.

About Vanguard Information Technology ETF

Vanguard Information Technology ETF seeks to track the investment performance of the MSCI US Investable Market Information Technology 25/50 Index, a benchmark of large-, mid-, and small-cap United States stocks in the information technology sector, as classified under the Global Industry Classification Standard (GICS). This GICS sector is made up of companies in three areas: technology software and services, including companies that develop software in various fields (such as the Internet, applications, systems, databases, and/or home entertainment), and companies that provide information technology consulting and services, data processing, and outsourced services; technology hardware and equipment, including manufacturers and distributors of communications equipment, computers and peripherals and electronic equipment, and semiconductors and semiconductor equipment manufacturers.