Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG) Sees Significant Growth in Short Interest

Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG) saw a large growth in short interest in the month of April. As of April 15th, there was short interest totalling 56,700 shares, a growth of 136.3% from the March 31st total of 24,000 shares. Based on an average trading volume of 29,600 shares, the days-to-cover ratio is currently 1.9 days.

Vanguard Russell 2000 Growth ETF Trading Up 1.4 %

Shares of VTWG stock opened at $184.35 on Friday. Vanguard Russell 2000 Growth ETF has a twelve month low of $148.12 and a twelve month high of $199.00. The business’s 50 day moving average is $190.03 and its two-hundred day moving average is $177.16. The company has a market capitalization of $875.66 million, a P/E ratio of 15.64 and a beta of 1.15.

Vanguard Russell 2000 Growth ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 26th. Investors of record on Friday, March 22nd were given a $0.266 dividend. The ex-dividend date was Thursday, March 21st. This represents a $1.06 dividend on an annualized basis and a yield of 0.58%.

Hedge Funds Weigh In On Vanguard Russell 2000 Growth ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Modera Wealth Management LLC lifted its holdings in Vanguard Russell 2000 Growth ETF by 29,256.8% in the third quarter. Modera Wealth Management LLC now owns 584,493 shares of the company’s stock valued at $95,331,000 after acquiring an additional 582,502 shares during the period. Westwood Holdings Group Inc. lifted its stake in shares of Vanguard Russell 2000 Growth ETF by 45.4% in the fourth quarter. Westwood Holdings Group Inc. now owns 338,567 shares of the company’s stock valued at $62,144,000 after purchasing an additional 105,719 shares during the period. Congress Wealth Management LLC DE purchased a new stake in Vanguard Russell 2000 Growth ETF during the third quarter worth about $9,120,000. Cambridge Investment Research Advisors Inc. acquired a new position in Vanguard Russell 2000 Growth ETF during the fourth quarter worth about $3,736,000. Finally, RWA Wealth Partners LLC purchased a new position in Vanguard Russell 2000 Growth ETF in the fourth quarter valued at about $2,491,000.

About Vanguard Russell 2000 Growth ETF

The Vanguard Russell 2000 Growth ETF (VTWG) is an exchange-traded fund that is based on the Russell 2000 Growth index. The fund tracks an index of US small-cap growth stocks. Holdings are selected and weighted based on EPS growth estimates and historical sales growth. VTWG was launched on Sep 20, 2010 and is managed by Vanguard.