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

VanEck Morningstar Wide Moat Value ETF (BATS:MVAL) was the target of a large growth in short interest in 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. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 290 shares, the short-interest ratio is currently 0.2 days.

VanEck Morningstar Wide Moat Value ETF Trading Down 0.6%

BATS MVAL opened at $36.05 on Friday. The firm has a market capitalization of $5.41 million, a price-to-earnings ratio of 18.54 and a beta of 0.76. The firm’s 50 day simple moving average is $35.86 and its 200 day simple moving average is $36.75. VanEck Morningstar Wide Moat Value ETF has a 1 year low of $31.31 and a 1 year high of $39.60.

VanEck Morningstar Wide Moat Value ETF Company Profile

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.