VanEck Office and Commercial REIT ETF (NYSEARCA:DESK) Stock Short Interest Report for September

VanEck Office and Commercial REIT ETF (NYSEARCA:DESK) was the recipient of a significant decrease in short interest during the month of September. As of September 30th, there was short interest totaling 3,070 shares, a decrease of 52.2% from the September 15th total of 6,420 shares. Currently, 2.0% of the company’s stock are sold short. Based on an average daily trading volume, of 3,622 shares, the days-to-cover ratio is currently 0.8 days.

VanEck Office and Commercial REIT ETF Price Performance

Shares of DESK stock traded up $0.11 during trading on Friday, reaching $37.30. The company had a trading volume of 208 shares, compared to its average volume of 8,563. VanEck Office and Commercial REIT ETF has a one year low of $32.00 and a one year high of $43.92. The firm’s 50 day simple moving average is $39.32 and its two-hundred day simple moving average is $38.94. The company has a market capitalization of $5.59 million, a PE ratio of 35.65 and a beta of 1.14.

About VanEck Office and Commercial REIT ETF

The VanEck Office and Commercial REIT ETF (DESK) is an exchange-traded fund that mostly invests in real estate equity. The fund tracks a tiered modified market-cap weighted index composed of US-listed Office and Commercial REITs. The fund targets the top 25 highest ranked Office and Commerical REITs based on market cap and liquidity DESK was launched on Sep 19, 2023 and is issued by VanEck.