VanEck Mortgage REIT Income ETF (NYSEARCA:MORT – Get Free Report) was the target of a significant decrease in short interest in August. As of August 14th, there was short interest totaling 284,729 shares, a decrease of 57.4% from the July 30th total of 668,805 shares. Approximately 0.7% of the shares of the stock are short sold. Based on an average daily trading volume, of 973,010 shares, the days-to-cover ratio is presently 0.3 days.
Institutional Trading of VanEck Mortgage REIT Income ETF
Several institutional investors have recently made changes to their positions in the company. Kestra Advisory Services LLC purchased a new stake in shares of VanEck Mortgage REIT Income ETF in the 4th quarter valued at approximately $33,000. Advisory Services Network LLC purchased a new stake in shares of VanEck Mortgage REIT Income ETF during the third quarter worth approximately $61,000. Phoenix Financial Ltd. purchased a new stake in shares of VanEck Mortgage REIT Income ETF in the 4th quarter valued at approximately $70,000. Triumph Capital Management raised its stake in VanEck Mortgage REIT Income ETF by 12.9% in the second quarter. Triumph Capital Management now owns 9,643 shares of the company’s stock valued at $100,000 after buying an additional 1,100 shares in the last quarter. Finally, Fifth Third Bancorp acquired a new stake in shares of VanEck Mortgage REIT Income ETF during the 1st quarter worth about $110,000.
VanEck Mortgage REIT Income ETF Stock Performance
MORT stock opened at $9.81 on Monday. VanEck Mortgage REIT Income ETF has a 12 month low of $9.59 and a 12 month high of $11.44. The company has a market cap of $381.61 million, a price-to-earnings ratio of 14.67 and a beta of 1.17. The firm has a 50-day moving average of $9.91 and a two-hundred day moving average of $10.17.
About VanEck Mortgage REIT Income ETF
The VanEck Mortgage REIT Income ETF (MORT) is an exchange-traded fund that is based on the MVIS US Mortgage REITs index, a market-cap-weighted index of mortgage REITs. MORT was launched on Aug 16, 2011 and is managed by VanEck.
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