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

Vanguard Global ex-U.S. Real Estate ETF (NASDAQ:VNQI) was the target of a large increase in short interest in October. As of October 15th, there was short interest totalling 283,900 shares, an increase of 20.2% from the September 30th total of 236,200 shares. Based on an average trading volume of 255,700 shares, the days-to-cover ratio is presently 1.1 days.

Vanguard Global ex-U.S. Real Estate ETF Price Performance

Shares of NASDAQ VNQI traded down $0.38 during trading on Tuesday, reaching $43.85. 45,774 shares of the stock traded hands, compared to its average volume of 219,809. The stock has a market capitalization of $3.42 billion, a P/E ratio of 8.07 and a beta of 0.76. The company has a 50-day moving average of $45.26 and a 200-day moving average of $42.89. Vanguard Global ex-U.S. Real Estate ETF has a 52-week low of $36.88 and a 52-week high of $47.63.

Hedge Funds Weigh In On Vanguard Global ex-U.S. Real Estate ETF

Several hedge funds have recently bought and sold shares of the company. Blue Trust Inc. grew its stake in 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 in the last quarter. Family Firm Inc. purchased a new stake in Vanguard Global ex-U.S. Real Estate ETF during the second quarter valued at about $29,000. Massmutual Trust Co. FSB ADV raised its position in Vanguard Global ex-U.S. Real Estate ETF by 135.4% during the third 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 in the last quarter. Farmers & Merchants Investments Inc. bought a new stake in Vanguard Global ex-U.S. Real Estate ETF during the second quarter worth about $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.

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.