VanEck Morningstar SMID Moat ETF (BATS:SMOT) Short Interest Down 55.7% in May

VanEck Morningstar SMID Moat ETF (BATS:SMOTGet Free Report) was the recipient of a significant drop in short interest during the month of May. As of May 29th, there was short interest totaling 1,607 shares, a drop of 55.7% from the May 14th total of 3,631 shares. Based on an average daily volume of 19,894 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are sold short.

VanEck Morningstar SMID Moat ETF Price Performance

VanEck Morningstar SMID Moat ETF stock opened at $38.72 on Monday. The company has a market capitalization of $430.95 million, a P/E ratio of 17.96 and a beta of 1.28. The stock’s 50 day moving average is $37.28 and its 200 day moving average is $36.82. VanEck Morningstar SMID Moat ETF has a twelve month low of $33.34 and a twelve month high of $39.19.

Institutional Investors Weigh In On VanEck Morningstar SMID Moat ETF

A number of institutional investors have recently modified their holdings of the stock. 1620 Investment Advisors Inc. increased its stake in VanEck Morningstar SMID Moat ETF by 67.0% during the 4th quarter. 1620 Investment Advisors Inc. now owns 835 shares of the company’s stock valued at $30,000 after purchasing an additional 335 shares in the last quarter. Optiver Holding B.V. purchased a new position in VanEck Morningstar SMID Moat ETF in the third quarter worth about $37,000. Allworth Financial LP lifted its stake in shares of VanEck Morningstar SMID Moat ETF by 258.2% in the third quarter. Allworth Financial LP now owns 1,132 shares of the company’s stock worth $41,000 after buying an additional 816 shares in the last quarter. Arax Advisory Partners bought a new position in shares of VanEck Morningstar SMID Moat ETF in the fourth quarter worth approximately $50,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new stake in shares of VanEck Morningstar SMID Moat ETF during the fourth quarter valued at approximately $73,000.

VanEck Morningstar SMID Moat ETF Company Profile

(Get Free Report)

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.

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