VanEck Digital Transformation ETF (NASDAQ:DAPP) Short Interest Update

VanEck Digital Transformation ETF (NASDAQ:DAPP) saw a large decrease in short interest in December. As of December 31st, there was short interest totaling 197,181 shares, a decrease of 76.9% from the December 15th total of 855,422 shares. Based on an average daily trading volume, of 836,970 shares, the days-to-cover ratio is currently 0.2 days. Currently, 1.1% of the shares of the stock are sold short. Currently, 1.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 836,970 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Trading of VanEck Digital Transformation ETF

Several institutional investors have recently bought and sold shares of the stock. Group One Trading LLC raised its stake in VanEck Digital Transformation ETF by 77.6% during the second quarter. Group One Trading LLC now owns 3,223 shares of the company’s stock worth $53,000 after acquiring an additional 1,408 shares in the last quarter. Farther Finance Advisors LLC bought a new stake in shares of VanEck Digital Transformation ETF in the 2nd quarter worth about $116,000. Steward Partners Investment Advisory LLC bought a new stake in shares of VanEck Digital Transformation ETF in the 2nd quarter worth about $128,000. Qube Research & Technologies Ltd increased its position in shares of VanEck Digital Transformation ETF by 91.3% during the 2nd quarter. Qube Research & Technologies Ltd now owns 9,019 shares of the company’s stock worth $149,000 after purchasing an additional 4,304 shares in the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. bought a new position in VanEck Digital Transformation ETF during the 2nd quarter valued at about $199,000.

VanEck Digital Transformation ETF Trading Up 0.9%

NASDAQ DAPP traded up $0.18 on Tuesday, reaching $19.87. The company’s stock had a trading volume of 221,918 shares, compared to its average volume of 763,973. VanEck Digital Transformation ETF has a 52 week low of $7.80 and a 52 week high of $27.49. The firm has a market cap of $366.51 million, a PE ratio of 2.89 and a beta of 3.50. The business has a 50-day moving average price of $18.57 and a 200 day moving average price of $19.43.

VanEck Digital Transformation ETF Company Profile

The VanEck Digital Transformation ETF (DAPP) is an exchange-traded fund that is based on the MVIS Global Digital Assets Equity index, a market-cap-weighted index of global innovative companies that are involved in the digitalization of the worlds economy through a diverse range of digital assets. DAPP was launched on Apr 12, 2021 and is managed by VanEck.