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

Date:

“Vanguard Global ex-U.S. Real Estate ETF Short Interest Sees Significant Growth in March”

Vanguard Global ex-U.S. Real Estate ETF (VNQI) has been making headlines recently with a significant growth in short interest in March. Short interest in the ETF rose by 175.2% from February, totaling 30,000 shares as of March 15th. With an average trading volume of 247,700 shares, the short-interest ratio is currently at 0.1 days.

Institutional investors have also been actively weighing in on Vanguard Global ex-U.S. Real Estate ETF, with large investors like Moneta Group Investment Advisors LLC, Goldman Sachs Group Inc., Jane Street Group LLC, Cerity Partners LLC, and Envestnet Portfolio Solutions Inc. making significant changes to their positions in the stock.

Despite the increase in short interest, Vanguard Global ex-U.S. Real Estate ETF stock was up by 0.2% on Friday, opening at $42.14. The ETF has a 12-month low of $36.58 and a high of $43.70, with a market capitalization of $3.60 billion and a price-to-earnings ratio of 8.30.

VNQI is an exchange-traded fund based on the S&P Global x United States Property index, managed by Vanguard and launched on Nov 1, 2010. Investors and analysts are keeping a close eye on the ETF’s performance, with many looking to capitalize on the current market trends in non-US real estate investment trusts. Subscribe to MarketBeat.com for the latest news and analyst ratings on Vanguard Global ex-U.S. Real Estate ETF.

Share post:

Subscribe

Popular

More like this
Related