Market Vectors Oil Services ETF (NYSE:OIH) was the target of a significant increase in short interest in August. As of August 31st, there was short interest totalling 18,949,572 shares, an increase of 34.2% from the August 15th total of 14,117,865 shares. Based on an average daily trading volume, of 4,323,763 shares, the days-to-cover ratio is presently 4.4 days.

Several large investors have recently made changes to their positions in OIH. Wharton Business Group LLC acquired a new stake in shares of Market Vectors Oil Services ETF in the second quarter worth about $105,000. Captrust Financial Advisors acquired a new stake in shares of Market Vectors Oil Services ETF in the second quarter worth about $106,000. Harel Insurance Investments & Financial Services Ltd. acquired a new stake in shares of Market Vectors Oil Services ETF in the second quarter worth about $112,000. Carnegie Capital Asset Management LLC acquired a new stake in shares of Market Vectors Oil Services ETF in the second quarter worth about $206,000. Finally, Alpine Global Management LLC acquired a new stake in shares of Market Vectors Oil Services ETF in the second quarter worth about $241,000.

Shares of Market Vectors Oil Services ETF (OIH) opened at 24.61 on Friday. Market Vectors Oil Services ETF has a 1-year low of $21.70 and a 1-year high of $36.35. The stock has a 50 day moving average price of $23.13 and a 200-day moving average price of $26.55.

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Market Vectors Oil Services ETF Company Profile

Market Vectors Oil Services ETF (the Fund) is a non-diversified investment company. The Fund seeks to replicate the price and yield performance of the Market Vectors United States Listed Oil Services 25 Index (MVOIHTR). The Index is a rules-based index intended to track the overall performance of 25 of the United States listed publicly traded oil services companies.

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