VanEck Real Assets ETF (NYSEARCA:RAAX) Short Interest Update

VanEck Real Assets ETF (NYSEARCA:RAAX) was the target of a significant decrease in short interest in the month of April. As of April 30th, there was short interest totaling 172,743 shares, a decrease of 48.3% from the April 15th total of 334,372 shares. Currently, 0.8% of the shares of the stock are sold short. Based on an average trading volume of 221,797 shares, the short-interest ratio is presently 0.8 days.

VanEck Real Assets ETF Trading Down 0.0%

RAAX traded down $0.01 during trading on Monday, hitting $41.85. The company’s stock had a trading volume of 131,847 shares, compared to its average volume of 275,383. VanEck Real Assets ETF has a twelve month low of $30.14 and a twelve month high of $42.75. The business’s fifty day simple moving average is $41.25 and its 200 day simple moving average is $38.47. The firm has a market capitalization of $891.41 million, a price-to-earnings ratio of 22.21 and a beta of 0.56.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. ERn Financial LLC acquired a new position in shares of VanEck Real Assets ETF during the 4th quarter worth about $3,435,000. Assetmark Inc. raised its position in shares of VanEck Real Assets ETF by 35,257.5% during the 4th quarter. Assetmark Inc. now owns 360,647 shares of the company’s stock worth $12,597,000 after purchasing an additional 359,627 shares during the last quarter. Visionary Horizons LLC acquired a new position in shares of VanEck Real Assets ETF during the 4th quarter worth about $1,169,000. Beaumont Financial Advisors LLC acquired a new position in shares of VanEck Real Assets ETF during the 4th quarter worth about $6,756,000. Finally, ProCore Advisors LLC acquired a new position in shares of VanEck Real Assets ETF during the 4th quarter worth about $578,000.

VanEck Real Assets ETF Company Profile

The VanEck Inflation Allocation ETF (RAAX) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund of funds that seeks to maximize long-term real returns. It invests in ETPs with exposure to real assets, such as real estate, commodities, natural resources, or infrastructure, and may hold up to 100% cash or equivalents. RAAX was launched on Apr 9, 2018 and is managed by VanEck.