VanEck Morningstar Wide Moat Value ETF (BATS:MVAL) Sees Significant Growth in Short Interest

VanEck Morningstar Wide Moat Value ETF (BATS:MVALGet Free Report) saw a significant growth in short interest in the month of May. As of May 15th, there was short interest totaling 45 shares, a growth of 800.0% from the April 30th total of 5 shares. Based on an average daily trading volume, of 290 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the company’s stock are short sold.

VanEck Morningstar Wide Moat Value ETF Price Performance

Shares of BATS MVAL opened at $35.95 on Thursday. VanEck Morningstar Wide Moat Value ETF has a 1-year low of $31.16 and a 1-year high of $39.60. The business has a 50-day moving average of $35.85 and a 200-day moving average of $36.75. The company has a market capitalization of $5.39 million, a price-to-earnings ratio of 18.54 and a beta of 0.76.

About VanEck Morningstar Wide Moat Value ETF

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The VanEck Morningstar Wide Moat Value ETF (MVAL) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a modified equal-weighted index of 30 to 60 value-oriented US stocks that Morningstar determines to be attractively priced and have sustainable competitive advantages. MVAL was launched on Mar 26, 2024 and is issued by VanEck.

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