Vanguard Global ex-U.S. Real Estate ETF (NASDAQ:VNQI) Sees Large Decline in Short Interest

Vanguard Global ex-U.S. Real Estate ETF (NASDAQ:VNQI) was the target of a significant drop in short interest in the month of November. As of November 15th, there was short interest totalling 65,500 shares, a drop of 42.2% from the October 31st total of 113,400 shares. Based on an average daily volume of 256,300 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Trading of Vanguard Global ex-U.S. Real Estate ETF

Several institutional investors have recently made changes to their positions in the company. Blue Trust Inc. boosted its stake in shares of Vanguard Global ex-U.S. Real Estate ETF by 80.4% in the 3rd quarter. Blue Trust Inc. now owns 572 shares of the company’s stock worth $27,000 after buying an additional 255 shares during the last quarter. Family Firm Inc. bought a new position in Vanguard Global ex-U.S. Real Estate ETF in the 2nd quarter valued at $29,000. Massmutual Trust Co. FSB ADV increased its position in shares of Vanguard Global ex-U.S. Real Estate ETF by 135.4% during the 3rd quarter. Massmutual Trust Co. FSB ADV now owns 612 shares of the company’s stock valued at $29,000 after purchasing an additional 352 shares during the last quarter. Farmers & Merchants Investments Inc. bought a new stake in shares of Vanguard Global ex-U.S. Real Estate ETF during the 2nd quarter worth $45,000. Finally, Ridgewood Investments LLC purchased a new position in shares of Vanguard Global ex-U.S. Real Estate ETF in the 2nd quarter worth about $48,000.

Vanguard Global ex-U.S. Real Estate ETF Stock Up 1.3 %

Shares of NASDAQ:VNQI opened at $43.20 on Thursday. Vanguard Global ex-U.S. Real Estate ETF has a twelve month low of $39.23 and a twelve month high of $47.63. The stock’s 50 day moving average is $44.60 and its 200-day moving average is $43.22. The firm has a market capitalization of $3.37 billion, a price-to-earnings ratio of 8.07 and a beta of 0.76.

About Vanguard Global ex-U.S. Real Estate ETF

The Vanguard Global ex-U.S. Real Estate ETF (VNQI) is an exchange-traded fund that is based on the S&P Global x United States Property index, a market-cap-weighted index of non-US real estate investment trusts. VNQI was launched on Nov 1, 2010 and is managed by Vanguard.