Vanguard Russell 1000 Value (NASDAQ:VONV) Experiences Sharp Rise in Short Interest

The Vanguard Russell 1000 Value ETF (NASDAQ:VONV) has recently experienced a notable increase in short interest during December. As of December 31st, the short interest reached 638,700 shares, reflecting a remarkable growth of 167.5% compared to the short interest of 238,800 shares reported on December 15th. Given the average trading volume of 522,400 shares, this results in a days-to-cover ratio of 1.2 days, which indicates how quickly short positions could be covered based on the current trading volume.

Vanguard Russell 1000 Value Stock Performance

As of Tuesday, shares of Vanguard Russell 1000 Value opened at $81.30. Over the past year, the stock has fluctuated between a low of $70.65 and a high of $87.97. The fifty-day moving average stands at $84.14 while the 200-day moving average is at $81.97. The company boasts a market capitalization of $9.93 billion, a price-to-earnings ratio of 17.49, and a beta of 0.95, indicating its relatively stable performance compared to the overall market.

Vanguard Russell 1000 Value Dividend Announcement

Recently, Vanguard declared a dividend that was distributed on Thursday, December 26th. Shareholders who were recorded on Monday, December 23rd, received a dividend payment of $0.437 per share. The ex-dividend date for this payment was also set on December 23rd.

Hedge Funds Weigh In On Vanguard Russell 1000 Value

Several large investors have adjusted their holdings in the Vanguard Russell 1000 Value ETF. For instance, JPMorgan Chase & Co. increased its holdings by 13.4% during the third quarter, acquiring an additional 50,950 shares for a total of 432,022 shares valued at $36 million. First Horizon Advisors Inc. raised its position by 27.1%, now holding 54,534 shares worth approximately $4.54 million after purchasing an extra 11,624 shares. Further, Wilmington Savings Fund Society FSB boosted its stake by 183.9%, acquiring 6,099 shares for a total of 9,415 shares valued at $785,000. Citigroup Inc. enhanced its holdings by 2.3%, owning 1,140,495 shares worth $95.04 million after acquiring 25,252 more shares. Lastly, Wealth Dimensions Group Ltd. increased its position by 8.0%, now holding 275,731 shares valued at $22.98 million after buying an additional 20,509 shares.

About Vanguard Russell 1000 Value

The Vanguard Russell 1000 Value ETF is based on the Russell 1000 Value index, which represents value stocks chosen from the 1,000 largest companies in the United States. The ETF was launched on September 20, 2010, and is managed by Vanguard.

Further Reading

• Five stocks we like better than Vanguard Russell 1000 Value
• Special Purpose Acquisition Company (SPAC) What You Need to Know
• 2 Stocks to Gain From Trump Universal Tariffs on Critical Imports
• Mastering Discipline: Overcoming Emotional Challenges In Trading
• Rigetti Computing, Inc.: Buy, Sell, or Hold for 2025
• What is a Stock Market Index and How Do You Use Them?
• Delta Can Fly to New Highs in 2025; Here’s Why

This report compiles data from various sources to provide a comprehensive update on Vanguard Russell 1000 Value's current financial standing and activities.

Should You Invest $1,000 in Vanguard Russell 1000 Value Right Now?

Before making any investments in Vanguard Russell 1000 Value, it is advisable to assess its current market position carefully. Analysts have noted that while the ETF has a "Hold" rating, there may be other stocks that are considered preferable investments based on emerging trends and market analysis. Investors are encouraged to explore other options as recommended by top-rated analysts.

Vanguard, ETFs, Investments