VanEck Data Center Supply Chain ETF (BATS:RACK) Short Interest Up 2,170.9% in August

VanEck Data Center Supply Chain ETF (BATS:RACK) was the recipient of a large growth in short interest during the month of August. As of August 14th, there was short interest totaling 86,633 shares, a growth of 2,170.9% from the July 30th total of 3,815 shares. Based on an average daily trading volume, of 40,116 shares, the short-interest ratio is presently 2.2 days.

VanEck Data Center Supply Chain ETF Trading Up 1.8%

BATS:RACK traded up $0.86 during trading hours on Tuesday, hitting $47.85. The company had a trading volume of 29,236 shares, compared to its average volume of 52,120. VanEck Data Center Supply Chain ETF has a 52 week low of $42.50 and a 52 week high of $54.75.

VanEck Data Center Supply Chain ETF (BATS: RACK) is an exchange-traded fund designed to provide investors with exposure to companies involved in the data center supply chain. Rather than operating a single business, the fund seeks to track the performance of a portfolio of companies that support the infrastructure, equipment, and services needed to build and operate data centers.

The ETF focuses on businesses across areas such as data center construction, power and cooling systems, networking equipment, semiconductors, cloud infrastructure, and related technology hardware and services.