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

Vanguard Global ex-U.S. Real Estate ETF (NASDAQ:VNQI) was the recipient of a significant drop in short interest during the month of October. As of October 31st, there was short interest totalling 113,400 shares, a drop of 60.1% from the October 15th total of 283,900 shares. Based on an average daily volume of 248,900 shares, the short-interest ratio is presently 0.5 days.

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

Shares of VNQI stock traded down $0.01 during trading on Thursday, hitting $42.26. 201,058 shares of the stock traded hands, compared to its average volume of 218,670. The firm has a market capitalization of $3.30 billion, a P/E ratio of 8.07 and a beta of 0.76. Vanguard Global ex-U.S. Real Estate ETF has a 52-week low of $39.23 and a 52-week high of $47.63. The firm’s fifty day moving average price is $45.09 and its 200-day moving average price is $43.17.

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

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

Vanguard Global ex-U.S. Real Estate ETF Company Profile

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.