VanEck Morningstar SMID Moat ETF (BATS:SMOT) Shares Shorted: Short Interest Down 83.0% in September

VanEck Morningstar SMID Moat ETF (BATS:SMOT) was the target of a significant decline in short interest in September. As of September 30th, there was short interest totaling 131 shares, a decline of 83.0% from the September 15th total of 769 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 15,173 shares, the days-to-cover ratio is presently 0.0 days.

VanEck Morningstar SMID Moat ETF Stock Up 0.3%

SMOT opened at $37.97 on Friday. The stock has a market capitalization of $422.61 million, a price-to-earnings ratio of 17.96 and a beta of 1.28. VanEck Morningstar SMID Moat ETF has a twelve month low of $34.25 and a twelve month high of $41.37. The company has a 50-day simple moving average of $39.61 and a 200 day simple moving average of $38.41.

Institutional Trading of VanEck Morningstar SMID Moat ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Castleview Partners LLC bought a new position in VanEck Morningstar SMID Moat ETF in the third quarter valued at approximately $629,000. Bank of New Hampshire acquired a new stake in shares of VanEck Morningstar SMID Moat ETF in the 3rd quarter valued at $3,060,000. Piedmont Capital Management LLC acquired a new stake in shares of VanEck Morningstar SMID Moat ETF in the 2nd quarter valued at $2,141,000. Paladin Wealth LLC increased its stake in shares of VanEck Morningstar SMID Moat ETF by 10.1% in the 2nd quarter. Paladin Wealth LLC now owns 33,637 shares of the company’s stock valued at $1,307,000 after purchasing an additional 3,075 shares during the last quarter. Finally, Gradient Investments LLC increased its stake in shares of VanEck Morningstar SMID Moat ETF by 4.1% in the 2nd quarter. Gradient Investments LLC now owns 905,457 shares of the company’s stock valued at $35,186,000 after purchasing an additional 35,422 shares during the last quarter.

About VanEck Morningstar SMID Moat ETF

The VanEck Morningstar SMID Moat ETF (SMOT) is an exchange-traded fund that mostly invests in extended market equity. The fund tracks an index made up of two equally-weighted sub-portfolios, comprised of small- and mid-cap companies believed to have durable competitive advantages and attractive valuations. SMOT was launched on Oct 4, 2022 and is managed by VanEck.