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

Vanguard FTSE Pacific ETF (NYSEARCA:VPL) was the target of a large increase in short interest in April. As of April 15th, there was short interest totaling 1,242,416 shares, an increase of 52.7% from the March 31st total of 813,496 shares. Currently, 1.6% of the shares of the stock are sold short. Based on an average daily trading volume, of 948,528 shares, the days-to-cover ratio is currently 1.3 days.

Vanguard FTSE Pacific ETF Price Performance

Vanguard FTSE Pacific ETF stock opened at $105.49 on Tuesday. The stock has a fifty day moving average price of $102.19 and a two-hundred day moving average price of $96.41. Vanguard FTSE Pacific ETF has a 52-week low of $74.65 and a 52-week high of $109.36. The firm has a market capitalization of $8.08 billion, a P/E ratio of 14.65 and a beta of 0.76.

Institutional Investors Weigh In On Vanguard FTSE Pacific ETF

A number of hedge funds have recently made changes to their positions in the company. Parkside Financial Bank & Trust bought a new position in Vanguard FTSE Pacific ETF during the 3rd quarter valued at about $26,000. Dorato Capital Management bought a new stake in Vanguard FTSE Pacific ETF during the fourth quarter worth about $29,000. Annis Gardner Whiting Capital Advisors LLC bought a new stake in Vanguard FTSE Pacific ETF during the fourth quarter worth about $32,000. Aptus Capital Advisors LLC increased its holdings in shares of Vanguard FTSE Pacific ETF by 121.7% during the fourth quarter. Aptus Capital Advisors LLC now owns 408 shares of the company’s stock worth $37,000 after buying an additional 224 shares in the last quarter. Finally, Smartleaf Asset Management LLC increased its holdings in shares of Vanguard FTSE Pacific ETF by 37.6% during the third quarter. Smartleaf Asset Management LLC now owns 443 shares of the company’s stock worth $39,000 after buying an additional 121 shares in the last quarter.

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).