VanEck Digital Transformation ETF (NASDAQ:DAPP) Short Interest Update

VanEck Digital Transformation ETF (NASDAQ:DAPP) was the recipient of a large drop in short interest in February. As of February 15th, there was short interest totalling 178,100 shares, a drop of 46.0% from the January 31st total of 329,800 shares. Based on an average daily trading volume, of 367,100 shares, the days-to-cover ratio is presently 0.5 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of DAPP. Golden State Wealth Management LLC purchased a new position in VanEck Digital Transformation ETF in the 4th quarter valued at about $60,000. Torno Capital LLC acquired a new stake in VanEck Digital Transformation ETF in the 4th quarter valued at about $79,000. CreativeOne Wealth LLC acquired a new stake in VanEck Digital Transformation ETF in the 3rd quarter valued at about $137,000. Banque Cantonale Vaudoise raised its holdings in VanEck Digital Transformation ETF by 13.6% in the 3rd quarter. Banque Cantonale Vaudoise now owns 11,777 shares of the company’s stock valued at $138,000 after acquiring an additional 1,409 shares during the last quarter. Finally, Flagship Harbor Advisors LLC acquired a new stake in VanEck Digital Transformation ETF in the 4th quarter valued at about $150,000.

VanEck Digital Transformation ETF Trading Up 4.4 %

Shares of VanEck Digital Transformation ETF stock opened at $11.85 on Friday. The firm has a market capitalization of $179.29 million, a PE ratio of 2.89 and a beta of 3.42. VanEck Digital Transformation ETF has a twelve month low of $8.36 and a twelve month high of $20.71. The firm’s 50-day moving average price is $15.04 and its 200 day moving average price is $14.31.

VanEck Digital Transformation ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Tuesday, December 24th. Investors of record on Monday, December 23rd were paid a $0.5808 dividend. The ex-dividend date was Monday, December 23rd.

VanEck Digital Transformation ETF Company Profile

The VanEck Digital Transformation ETF (DAPP) is an exchange-traded fund that is based on the MVIS Global Digital Assets Equity index, a market-cap-weighted index of global innovative companies that are involved in the digitalization of the worlds economy through a diverse range of digital assets. DAPP was launched on Apr 12, 2021 and is managed by VanEck.