Short Interest in VanEck Morningstar International Moat ETF (BATS:MOTI) Drops By 62.9%

VanEck Morningstar International Moat ETF (BATS:MOTI) saw a large decrease in short interest in the month of July. As of July 15th, there was short interest totaling 8,027 shares, a decrease of 62.9% from the June 30th total of 21,650 shares. Based on an average daily trading volume, of 6,486 shares, the days-to-cover ratio is currently 1.2 days. Approximately 0.2% of the shares of the company are short sold.

VanEck Morningstar International Moat ETF Price Performance

BATS MOTI opened at $34.21 on Monday. VanEck Morningstar International Moat ETF has a 1 year low of $32.66 and a 1 year high of $39.49. The company has a market capitalization of $176.18 million, a PE ratio of 19.33 and a beta of 0.74. The company has a fifty day moving average of $34.14 and a 200 day moving average of $35.62.

Hedge Funds Weigh In On VanEck Morningstar International Moat ETF

A number of hedge funds have recently bought and sold shares of the business. RiverFront Investment Group LLC boosted its holdings in VanEck Morningstar International Moat ETF by 4.3% in the 4th quarter. RiverFront Investment Group LLC now owns 975,633 shares of the company’s stock worth $35,786,000 after buying an additional 40,512 shares during the last quarter. Turning Point Benefit Group Inc. grew its holdings in VanEck Morningstar International Moat ETF by 169.8% in the 3rd quarter. Turning Point Benefit Group Inc. now owns 61,685 shares of the company’s stock valued at $2,315,000 after buying an additional 38,824 shares in the last quarter. MCF Advisors LLC purchased a new stake in shares of VanEck Morningstar International Moat ETF in the fourth quarter valued at about $1,226,000. LPL Financial LLC grew its stake in shares of VanEck Morningstar International Moat ETF by 9.4% in the 4th quarter. LPL Financial LLC now owns 267,817 shares of the company’s stock valued at $9,824,000 after buying an additional 23,049 shares during the period. Finally, Jane Street Group LLC increased its stake in VanEck Morningstar International Moat ETF by 199.8% during the second quarter. Jane Street Group LLC now owns 30,226 shares of the company’s stock worth $1,048,000 after acquiring an additional 20,143 shares during the last quarter.

VanEck Morningstar International Moat ETF Company Profile

The VanEck Morningstar International Moat ETF (MOTI) is an exchange-traded fund that is based on the Morningstar Global ex-US Moat Focus index. The fund tracks an equal-weighted index of 50 non-US companies that Morningstar deems to have a sustainable competitive advantage and an attractive valuation. MOTI was launched on Jul 14, 2015 and is managed by VanEck.