VanEck Retail ETF (NASDAQ:RTH – Get Free Report) was the target of a large increase in short interest during the month of July. As of July 31st, there was short interest totaling 12,166 shares, an increase of 125.2% from the July 15th total of 5,402 shares. Currently, 1.3% of the company’s stock are short sold. Based on an average trading volume of 5,446 shares, the short-interest ratio is currently 2.2 days.
VanEck Retail ETF Stock Performance
RTH opened at $269.28 on Friday. The business has a 50 day moving average price of $261.02 and a 200 day moving average price of $260.80. VanEck Retail ETF has a twelve month low of $242.88 and a twelve month high of $275.19. The firm has a market cap of $258.51 million, a P/E ratio of 23.92 and a beta of 0.85.
Institutional Trading of VanEck Retail ETF
A number of institutional investors and hedge funds have recently modified their holdings of RTH. Royal Bank of Canada grew its stake in VanEck Retail ETF by 584.0% in the 1st quarter. Royal Bank of Canada now owns 10,212 shares of the company’s stock valued at $2,563,000 after buying an additional 8,719 shares during the last quarter. Cetera Investment Advisers lifted its position in VanEck Retail ETF by 13.9% during the 1st quarter. Cetera Investment Advisers now owns 23,947 shares of the company’s stock worth $6,008,000 after acquiring an additional 2,918 shares during the last quarter. Private Advisor Group LLC lifted its position in VanEck Retail ETF by 5.8% during the 1st quarter. Private Advisor Group LLC now owns 1,890 shares of the company’s stock worth $474,000 after acquiring an additional 104 shares during the last quarter. Rockefeller Capital Management L.P. acquired a new position in VanEck Retail ETF during the 4th quarter worth $25,000. Finally, Union Savings Bank bought a new stake in VanEck Retail ETF during the fourth quarter valued at about $50,000. 25.85% of the stock is currently owned by institutional investors and hedge funds.
About VanEck Retail ETF
The VanEck Retail ETF (RTH) is an exchange-traded fund that is based on the MVIS US Listed Retail 25 index, a market-cap-weighted index of the 25 largest US-listed companies that derive most of their revenue from retail. RTH was launched on May 2, 2001 and is managed by VanEck.
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