Short Interest in VanEck Morningstar Wide Moat Value ETF (BATS:MVAL) Rises By 125.0%

VanEck Morningstar Wide Moat Value ETF (BATS:MVAL) saw a large increase in short interest in the month of August. As of August 31st, there was short interest totaling 9 shares, an increase of 125.0% from the August 15th total of 4 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 91 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Trading of VanEck Morningstar Wide Moat Value ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Nan Shan Life Insurance Co. Ltd. bought a new stake in shares of VanEck Morningstar Wide Moat Value ETF during the second quarter valued at approximately $2,675,000. Proficio Capital Partners LLC purchased a new position in shares of VanEck Morningstar Wide Moat Value ETF during the second quarter valued at about $1,272,000. Citadel Advisors LLC bought a new stake in shares of VanEck Morningstar Wide Moat Value ETF in the second quarter worth about $283,000. Integrated Wealth Concepts LLC purchased a new stake in shares of VanEck Morningstar Wide Moat Value ETF in the second quarter worth about $161,000. Finally, Headlands Technologies LLC bought a new position in VanEck Morningstar Wide Moat Value ETF during the second quarter valued at approximately $73,000.

VanEck Morningstar Wide Moat Value ETF Price Performance

Shares of BATS:MVAL opened at $37.46 on Monday. The company has a market capitalization of $5.62 million, a P/E ratio of 18.54 and a beta of 0.76. VanEck Morningstar Wide Moat Value ETF has a 1-year low of $33.53 and a 1-year high of $40.20. The firm’s 50 day simple moving average is $38.40 and its two-hundred day simple moving average is $37.03.

VanEck Morningstar Wide Moat Value ETF Company Profile

The VanEck Morningstar Wide Moat Value ETF (MVAL) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a modified equal-weighted index of 30 to 60 value-oriented US stocks that Morningstar determines to be attractively priced and have sustainable competitive advantages. MVAL was launched on Mar 26, 2024 and is issued by VanEck.