VanEck Mortgage REIT Income ETF (NYSEARCA:MORT – Get Free Report) was the target of a large growth in short interest in August. As of August 31st, there was short interest totaling 797,218 shares, a growth of 180.0% from the August 15th total of 284,729 shares. Approximately 2.0% of the shares of the stock are short sold. Based on an average trading volume of 845,086 shares, the days-to-cover ratio is presently 0.9 days.
VanEck Mortgage REIT Income ETF Price Performance
NYSEARCA MORT opened at $9.35 on Friday. The stock’s 50 day simple moving average is $9.83 and its 200 day simple moving average is $10.10. VanEck Mortgage REIT Income ETF has a one year low of $9.35 and a one year high of $11.44. The firm has a market cap of $363.71 million, a PE ratio of 14.67 and a beta of 1.16.
Institutional Trading of VanEck Mortgage REIT Income ETF
Several large investors have recently made changes to their positions in the business. Anson Capital Inc. increased its stake in shares of VanEck Mortgage REIT Income ETF by 1.9% in the second quarter. Anson Capital Inc. now owns 56,347 shares of the company’s stock valued at $584,000 after buying an additional 1,050 shares in the last quarter. Triumph Capital Management lifted its position in VanEck Mortgage REIT Income ETF by 12.9% during the 2nd quarter. Triumph Capital Management now owns 9,643 shares of the company’s stock worth $100,000 after buying an additional 1,100 shares in the last quarter. Bank of America Corp DE lifted its position in VanEck Mortgage REIT Income ETF by 266.8% during the 1st quarter. Bank of America Corp DE now owns 2,355,913 shares of the company’s stock worth $24,172,000 after buying an additional 1,713,570 shares in the last quarter. Cetera Investment Advisers grew its holdings in VanEck Mortgage REIT Income ETF by 14.0% during the 1st quarter. Cetera Investment Advisers now owns 285,155 shares of the company’s stock worth $2,926,000 after acquiring an additional 35,011 shares during the last quarter. Finally, Wealthfront Advisers LLC grew its holdings in VanEck Mortgage REIT Income ETF by 72.1% during the 1st quarter. Wealthfront Advisers LLC now owns 48,868 shares of the company’s stock worth $501,000 after acquiring an additional 20,469 shares during the last quarter.
VanEck Mortgage REIT Income ETF Company Profile
The VanEck Mortgage REIT Income ETF (MORT) is an exchange-traded fund that is based on the MVIS US Mortgage REITs index, a market-cap-weighted index of mortgage REITs. MORT was launched on Aug 16, 2011 and is managed by VanEck.
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