VanEck Morningstar SMID Moat ETF (BATS:SMOT – Get Free Report) was the target of a large decline in short interest during the month of October. As of October 30th, there was short interest totaling 263 shares, a decline of 71.7% from the October 15th total of 929 shares. Based on an average daily volume of 18,796 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the company are short sold.
Institutional Inflows and Outflows
Several institutional investors have recently added to or reduced their stakes in the company. Mesirow Financial Investment Management Inc. purchased a new position in VanEck Morningstar SMID Moat ETF during the 3rd quarter worth $9,967,000. Focused Alpha LLC purchased a new stake in shares of VanEck Morningstar SMID Moat ETF in the third quarter valued at about $5,721,000. Bank of New Hampshire purchased a new stake in shares of VanEck Morningstar SMID Moat ETF in the third quarter valued at about $3,060,000. Creekside Partners purchased a new stake in shares of VanEck Morningstar SMID Moat ETF in the third quarter valued at about $2,582,000. Finally, Piedmont Capital Management LLC acquired a new stake in shares of VanEck Morningstar SMID Moat ETF during the second quarter worth about $2,141,000.
VanEck Morningstar SMID Moat ETF Trading Up 0.5%
Shares of BATS SMOT traded up $0.21 during trading hours on Friday, reaching $41.56. The stock had a trading volume of 4,184 shares, compared to its average volume of 35,013. The firm has a market cap of $331.65 million, a price-to-earnings ratio of 20.04 and a beta of 1.07. VanEck Morningstar SMID Moat ETF has a fifty-two week low of $34.25 and a fifty-two week high of $42.33. The firm has a 50-day moving average of $39.36 and a 200-day moving average of $38.29.
VanEck Morningstar SMID Moat ETF Company Profile
The VanEck Morningstar SMID Moat ETF (SMOT) is an exchange-traded fund that mostly invests in extended market equity. The fund tracks an index made up of two equally-weighted sub-portfolios, comprised of small- and mid-cap companies believed to have durable competitive advantages and attractive valuations. SMOT was launched on Oct 4, 2022 and is managed by VanEck.
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