VanEck Real Assets ETF (NYSEARCA:RAAX) Short Interest Update

VanEck Real Assets ETF (NYSEARCA:RAAX) was the target of a significant increase in short interest during the month of December. As of December 15th, there was short interest totaling 72,697 shares, an increase of 112.2% from the November 30th total of 34,256 shares. Based on an average daily trading volume, of 57,907 shares, the short-interest ratio is currently 1.3 days. Currently, 1.2% of the shares of the company are short sold. Currently, 1.2% of the shares of the company are short sold. Based on an average daily trading volume, of 57,907 shares, the short-interest ratio is currently 1.3 days.

Institutional Trading of VanEck Real Assets ETF

Several hedge funds have recently bought and sold shares of the stock. Assetmark Inc. bought a new position in shares of VanEck Real Assets ETF in the second quarter worth about $32,000. Realta Investment Advisors purchased a new stake in VanEck Real Assets ETF in the 3rd quarter worth approximately $41,000. Osaic Holdings Inc. increased its holdings in VanEck Real Assets ETF by 332.7% in the 2nd quarter. Osaic Holdings Inc. now owns 2,354 shares of the company’s stock worth $73,000 after acquiring an additional 1,810 shares in the last quarter. Capital Investment Advisory Services LLC raised its stake in VanEck Real Assets ETF by 1,576.3% during the 3rd quarter. Capital Investment Advisory Services LLC now owns 4,392 shares of the company’s stock worth $151,000 after acquiring an additional 4,130 shares during the period. Finally, Benjamin Edwards Inc. purchased a new position in VanEck Real Assets ETF during the third quarter valued at approximately $223,000.

VanEck Real Assets ETF Stock Performance

Shares of VanEck Real Assets ETF stock traded up $0.12 on Friday, hitting $36.53. 37,176 shares of the company’s stock were exchanged, compared to its average volume of 37,567. VanEck Real Assets ETF has a 1 year low of $27.05 and a 1 year high of $37.11. The company has a 50-day simple moving average of $35.17 and a 200-day simple moving average of $33.57. The stock has a market capitalization of $216.62 million, a PE ratio of 22.21 and a beta of 0.65.

VanEck Real Assets ETF Company Profile

The VanEck Inflation Allocation ETF (RAAX) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund of funds that seeks to maximize long-term real returns. It invests in ETPs with exposure to real assets, such as real estate, commodities, natural resources, or infrastructure, and may hold up to 100% cash or equivalents. RAAX was launched on Apr 9, 2018 and is managed by VanEck.