VanEck Mortgage REIT Income ETF (NYSEARCA:MORT) Short Interest Update

VanEck Mortgage REIT Income ETF (NYSEARCA:MORT) was the recipient of a significant drop in short interest in July. As of July 31st, there was short interest totaling 668,805 shares, a drop of 36.6% from the July 15th total of 1,054,625 shares. Approximately 1.7% of the shares of the stock are short sold. Based on an average daily volume of 1,269,418 shares, the short-interest ratio is presently 0.5 days.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of MORT. Kestra Advisory Services LLC bought a new stake in VanEck Mortgage REIT Income ETF during the 4th quarter valued at $33,000. Advisory Services Network LLC bought a new stake in VanEck Mortgage REIT Income ETF during the third quarter valued at about $61,000. Phoenix Financial Ltd. bought a new stake in VanEck Mortgage REIT Income ETF during the fourth quarter valued at about $70,000. Triumph Capital Management purchased a new position in VanEck Mortgage REIT Income ETF in the third quarter valued at about $107,000. Finally, Fifth Third Bancorp purchased a new position in VanEck Mortgage REIT Income ETF in the first quarter valued at about $110,000.

VanEck Mortgage REIT Income ETF Trading Down 0.3%

MORT traded down $0.03 during trading hours on Tuesday, hitting $9.89. The company’s stock had a trading volume of 964,359 shares, compared to its average volume of 1,289,372. The stock has a market cap of $384.72 million, a price-to-earnings ratio of 14.67 and a beta of 1.17. The business’s 50-day moving average price is $9.95 and its 200-day moving average price is $10.22. VanEck Mortgage REIT Income ETF has a 12 month low of $9.59 and a 12 month high of $11.44.

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.