Vanguard Global ex-U.S. Real Estate ETF (NASDAQ:VNQI) Short Interest Drops 59.8% in December

The Vanguard Global ex-U.S. Real Estate ETF (NASDAQ:VNQI) experienced a significant reduction in short interest during December. As of December 15th, the short interest stood at 21,200 shares, which is a large decrease of 59.8% from the 52,800 shares reported at the end of November. Considering the average daily trading volume of 265,800 shares, the current days-to-cover ratio is at just 0.1 days.

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

On Friday, the Vanguard Global ex-U.S. Real Estate ETF opened trading at $39.86. The 50-day simple moving average for the stock is $42.84, while the 200-day moving average is $43.21. Over the past 12 months, the ETF has seen a low of $38.93 and a high of $47.63. The ETF has a market capitalization of $3.11 billion, a price-to-earnings ratio of 8.07, and a beta of 0.76.

Dividend Announcement of Vanguard ETF

The company recently announced an annual dividend that was paid out on December 24th. Shareholders who were on record as of December 20th received a dividend of $2.0404 per share. The ex-dividend date for this payout was December 20th, representing an attractive dividend yield of 5.2%.

Institutional Investment Activities

In recent months, several institutional investors and hedge funds have adjusted their positions in the Vanguard Global ex-U.S. Real Estate ETF. For instance, Empower Advisory Group LLC increased its holdings by 2.0% in the third quarter, bringing its total to 15,372,024 shares valued at approximately $721,102,000 after acquiring an additional 305,019 shares. Similarly, Ballentine Partners LLC raised its stake by 2.1% in the second quarter, acquiring 25,546 more shares to reach a total of 1,254,371 shares worth $50,890,000. The Manufacturers Life Insurance Company and Creative Planning also increased their positions during the same period, with respective increases of 2.2% and 1.2%.

About the Vanguard Global ex-U.S. Real Estate ETF

The Vanguard Global ex-U.S. Real Estate ETF (VNQI) is an exchange-traded fund that tracks the S&P Global x United States Property Index, which includes a diverse portfolio of non-U.S. real estate investment trusts. Launched on November 1, 2010, this ETF is managed by Vanguard.

Vanguard, ETF, ShortInterest