Short Interest in VanEck Morningstar Wide Moat Value ETF (BATS:MVAL) Declines By 94.7%

VanEck Morningstar Wide Moat Value ETF (BATS:MVALGet Free Report) saw a significant decrease in short interest in the month of April. As of April 30th, there was short interest totaling 5 shares, a decrease of 94.7% from the April 15th total of 94 shares. Based on an average daily trading volume, of 617 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company’s stock are short sold.

VanEck Morningstar Wide Moat Value ETF Stock Performance

Shares of BATS:MVAL remained flat at $35.32 during mid-day trading on Wednesday. The company had a trading volume of 616 shares, compared to its average volume of 1,091. The firm has a market capitalization of $5.30 million, a price-to-earnings ratio of 18.54 and a beta of 0.76. VanEck Morningstar Wide Moat Value ETF has a 1-year low of $30.82 and a 1-year high of $39.60. The stock’s 50-day moving average price is $36.24 and its 200 day moving average price is $36.74.

About VanEck Morningstar Wide Moat Value ETF

(Get Free Report)

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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