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

VanEck Real Assets ETF (NYSEARCA:RAAX) was the recipient of a significant drop in short interest during the month of March. As of March 13th, there was short interest totaling 38,420 shares, a drop of 91.5% from the February 26th total of 451,295 shares. Based on an average daily volume of 326,565 shares, the short-interest ratio is presently 0.1 days. Currently, 0.4% of the company’s shares are short sold. Currently, 0.4% of the company’s shares are short sold. Based on an average daily volume of 326,565 shares, the short-interest ratio is presently 0.1 days.

Institutional Trading of VanEck Real Assets ETF

Institutional investors have recently made changes to their positions in the company. Realta Investment Advisors acquired a new position in VanEck Real Assets ETF in the third quarter valued at approximately $41,000. Tucker Asset Management LLC acquired a new stake in VanEck Real Assets ETF during the fourth quarter worth $43,000. NewEdge Advisors LLC increased its stake in VanEck Real Assets ETF by 514.6% during the fourth quarter. NewEdge Advisors LLC now owns 1,893 shares of the company’s stock worth $66,000 after acquiring an additional 1,585 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its position in VanEck Real Assets ETF by 1,129.4% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,967 shares of the company’s stock valued at $69,000 after purchasing an additional 1,807 shares during the period. Finally, Osaic Holdings Inc. lifted its stake in shares of VanEck Real Assets ETF by 332.7% in the 2nd quarter. Osaic Holdings Inc. now owns 2,354 shares of the company’s stock valued at $73,000 after purchasing an additional 1,810 shares during the last quarter.

VanEck Real Assets ETF Stock Up 0.8%

NYSEARCA:RAAX traded up $0.33 on Tuesday, hitting $39.52. The stock had a trading volume of 214,626 shares, compared to its average volume of 270,595. The stock has a market cap of $383.34 million, a price-to-earnings ratio of 22.21 and a beta of 0.65. The company has a fifty day moving average price of $39.84 and a two-hundred day moving average price of $36.66. VanEck Real Assets ETF has a 1-year low of $27.05 and a 1-year high of $42.11.

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.