Short Interest in VanEck Durable High Dividend ETF (BATS:DURA) Decreases By 68.4%

VanEck Durable High Dividend ETF (BATS:DURA) was the recipient of a large drop in short interest in the month of August. As of August 14th, there was short interest totaling 204 shares, a drop of 68.4% from the July 30th total of 646 shares. Based on an average trading volume of 4,649 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are sold short.

VanEck Durable High Dividend ETF Trading Down 0.2%

DURA stock opened at $40.08 on Thursday. VanEck Durable High Dividend ETF has a 52 week low of $31.35 and a 52 week high of $40.35. The company has a market capitalization of $54.11 million, a price-to-earnings ratio of 15.63 and a beta of 0.64. The firm’s 50-day moving average is $38.43 and its two-hundred day moving average is $37.86.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. Bank of America Corp DE increased its position in VanEck Durable High Dividend ETF by 7.1% in the 3rd quarter. Bank of America Corp DE now owns 251,195 shares of the company’s stock worth $8,521,000 after purchasing an additional 16,577 shares during the last quarter. Royal Bank of Canada lifted its position in VanEck Durable High Dividend ETF by 2.8% during the 1st quarter. Royal Bank of Canada now owns 61,561 shares of the company’s stock worth $2,304,000 after acquiring an additional 1,675 shares during the last quarter. Virtu Financial LLC bought a new position in VanEck Durable High Dividend ETF in the 3rd quarter worth approximately $886,000. Osaic Holdings Inc. boosted its holdings in VanEck Durable High Dividend ETF by 7.5% in the 2nd quarter. Osaic Holdings Inc. now owns 21,463 shares of the company’s stock valued at $701,000 after purchasing an additional 1,492 shares during the period. Finally, Citadel Advisors LLC grew its position in VanEck Durable High Dividend ETF by 48.6% during the third quarter. Citadel Advisors LLC now owns 19,566 shares of the company’s stock worth $664,000 after buying an additional 6,397 shares in the last quarter.

About VanEck Durable High Dividend ETF

The VanEck Morningstar Durable Dividend ETF (DURA) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a dividend-weighted index of US firms that are screened for dividend yield, financial health, and valuation. DURA was launched on Oct 30, 2018 and is managed by VanEck.