Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) Short Interest Up 22.7% in November

Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) was the target of a significant increase in short interest in the month of November. As of November 15th, there was short interest totalling 791,400 shares, an increase of 22.7% from the October 31st total of 645,200 shares. Based on an average daily volume of 733,000 shares, the short-interest ratio is currently 1.1 days.

Vanguard Russell 1000 Growth ETF Price Performance

Shares of VONG stock opened at $102.57 on Monday. Vanguard Russell 1000 Growth ETF has a one year low of $73.93 and a one year high of $103.15. The stock has a fifty day moving average price of $98.89 and a 200 day moving average price of $94.67. The stock has a market cap of $23.90 billion, a P/E ratio of 36.74 and a beta of 1.08.

Vanguard Russell 1000 Growth ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were paid a $0.139 dividend. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $0.56 dividend on an annualized basis and a yield of 0.54%.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in VONG. Roffman Miller Associates Inc. PA grew its stake in shares of Vanguard Russell 1000 Growth ETF by 0.3% in the 3rd quarter. Roffman Miller Associates Inc. PA now owns 36,996 shares of the company’s stock valued at $3,571,000 after purchasing an additional 103 shares during the period. VitalStone Financial LLC grew its position in Vanguard Russell 1000 Growth ETF by 12.1% in the third quarter. VitalStone Financial LLC now owns 990 shares of the company’s stock valued at $96,000 after acquiring an additional 107 shares during the period. Financial Advocates Investment Management raised its stake in Vanguard Russell 1000 Growth ETF by 1.1% during the second quarter. Financial Advocates Investment Management now owns 12,158 shares of the company’s stock worth $1,141,000 after acquiring an additional 127 shares in the last quarter. EQ LLC lifted its holdings in shares of Vanguard Russell 1000 Growth ETF by 2.2% during the third quarter. EQ LLC now owns 6,480 shares of the company’s stock valued at $625,000 after acquiring an additional 141 shares during the period. Finally, Valley National Advisers Inc. boosted its stake in shares of Vanguard Russell 1000 Growth ETF by 14.1% in the 3rd quarter. Valley National Advisers Inc. now owns 1,208 shares of the company’s stock valued at $116,000 after purchasing an additional 149 shares in the last quarter.

Vanguard Russell 1000 Growth ETF Company Profile

The Vanguard Russell 1000 Growth ETF (VONG) is an exchange-traded fund that is based on the Russell 1000 Growth index. The fund tracks an index of US large- and mid-cap stocks selected from the Russell 1000 Index with high growth characteristics, based on Russell’s style methodology. VONG was launched on Sep 20, 2010 and is managed by Vanguard.