Short Interest in VanEck Morningstar SMID Moat ETF (BATS:SMOT) Expands By 175.3%

VanEck Morningstar SMID Moat ETF (BATS:SMOT) was the recipient of a significant growth in short interest in April. As of April 30th, there was short interest totaling 1,872 shares, a growth of 175.3% from the April 15th total of 680 shares. Based on an average daily trading volume, of 32,902 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are sold short.

Institutional Investors Weigh In On VanEck Morningstar SMID Moat ETF

A number of hedge funds have recently bought and sold shares of SMOT. Focused Alpha LLC purchased a new stake in VanEck Morningstar SMID Moat ETF during the fourth quarter valued at $3,814,000. Bank of America Corp DE raised its stake in VanEck Morningstar SMID Moat ETF by 18.7% during the second quarter. Bank of America Corp DE now owns 609,663 shares of the company’s stock valued at $21,216,000 after purchasing an additional 95,940 shares in the last quarter. Great Lakes Advisors LLC raised its stake in VanEck Morningstar SMID Moat ETF by 7.5% during the third quarter. Great Lakes Advisors LLC now owns 1,073,573 shares of the company’s stock valued at $38,735,000 after purchasing an additional 74,823 shares in the last quarter. Ascentis Independent Advisors purchased a new stake in VanEck Morningstar SMID Moat ETF during the first quarter valued at $2,040,000. Finally, Vise Technologies Inc. purchased a new stake in VanEck Morningstar SMID Moat ETF during the fourth quarter valued at $1,306,000.

VanEck Morningstar SMID Moat ETF Stock Down 0.4%

VanEck Morningstar SMID Moat ETF stock opened at $37.33 on Friday. The company has a market cap of $415.48 million, a price-to-earnings ratio of 17.96 and a beta of 1.28. The firm’s fifty day moving average is $36.13 and its 200 day moving average is $36.46. VanEck Morningstar SMID Moat ETF has a 52-week low of $32.57 and a 52-week high of $37.91.

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.