Vanguard Russell 1000 (NASDAQ:VONE) Sees Large Drop in Short Interest

Vanguard Russell 1000 (NASDAQ:VONE) saw a large decline in short interest in the month of January. As of January 15th, there was short interest totalling 47,000 shares, a decline of 54.8% from the December 31st total of 104,000 shares. Based on an average daily trading volume, of 76,400 shares, the days-to-cover ratio is presently 0.6 days.

Vanguard Russell 1000 Stock Performance

NASDAQ VONE traded up $1.44 during trading hours on Thursday, reaching $276.31. The company’s stock had a trading volume of 46,121 shares, compared to its average volume of 85,180. The stock has a market cap of $5.59 billion, a PE ratio of 24.78 and a beta of 1.02. Vanguard Russell 1000 has a fifty-two week low of $219.81 and a fifty-two week high of $278.53. The company’s 50-day moving average is $272.31 and its two-hundred day moving average is $261.70.

Vanguard Russell 1000 Dividend Announcement

The company also recently announced a dividend, which was paid on Thursday, December 26th. Shareholders of record on Monday, December 23rd were issued a $0.8477 dividend. The ex-dividend date was Monday, December 23rd.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in VONE. Peoples Bank KS purchased a new position in shares of Vanguard Russell 1000 during the 3rd quarter worth about $34,000. Synergy Asset Management LLC purchased a new position in Vanguard Russell 1000 in the fourth quarter valued at approximately $47,000. Venturi Wealth Management LLC purchased a new position in Vanguard Russell 1000 in the third quarter valued at approximately $50,000. MCF Advisors LLC purchased a new position in Vanguard Russell 1000 in the fourth quarter valued at approximately $64,000. Finally, Avior Wealth Management LLC acquired a new stake in Vanguard Russell 1000 in the third quarter valued at approximately $91,000.

About Vanguard Russell 1000

The Vanguard Russell 1000 ETF (VONE) is an exchange-traded fund that is based on the Russell 1000 index, a market-cap-weighted index of the 1000 largest US companies. VONE was launched on Sep 20, 2010 and is managed by Vanguard.