Short Interest in VanEck Morningstar Wide Moat ETF (BATS:MOAT) Declines By 39.0%

VanEck Morningstar Wide Moat ETF (BATS:MOAT) saw a significant drop in short interest in May. As of May 29th, there was short interest totaling 113,629 shares, a drop of 39.0% from the May 14th total of 186,375 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 863,793 shares, the short-interest ratio is presently 0.1 days.

Institutional Trading of VanEck Morningstar Wide Moat ETF

Hedge funds and other institutional investors have recently bought and sold shares of the company. Siligmueller & Norvid Wealth Advisors LLC purchased a new stake in VanEck Morningstar Wide Moat ETF in the 3rd quarter worth approximately $1,330,000. Atria Investments Inc grew its stake in VanEck Morningstar Wide Moat ETF by 101.3% in the 3rd quarter. Atria Investments Inc now owns 26,545 shares of the company’s stock worth $2,631,000 after acquiring an additional 13,358 shares during the period. Mercer Global Advisors Inc. ADV grew its stake in VanEck Morningstar Wide Moat ETF by 1,690.5% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 794,616 shares of the company’s stock worth $78,727,000 after acquiring an additional 750,236 shares during the period. Balance Wealth LLC grew its stake in VanEck Morningstar Wide Moat ETF by 102.7% in the 4th quarter. Balance Wealth LLC now owns 11,830 shares of the company’s stock worth $1,225,000 after acquiring an additional 5,995 shares during the period. Finally, Cliftonlarsonallen Wealth Advisors LLC purchased a new stake in VanEck Morningstar Wide Moat ETF in the 4th quarter worth approximately $2,195,000.

VanEck Morningstar Wide Moat ETF Stock Performance

MOAT stock opened at $103.61 on Wednesday. The stock has a market capitalization of $13.99 billion, a P/E ratio of 22.53 and a beta of 1.02. VanEck Morningstar Wide Moat ETF has a one year low of $90.07 and a one year high of $108.10. The company has a 50 day moving average price of $101.14 and a two-hundred day moving average price of $102.81.

VanEck Morningstar Wide Moat ETF Company Profile

The VanEck Morningstar Wide Moat ETF (MOAT) is an exchange-traded fund that is based on the Morningstar Wide Moat Focus 20 index. The fund tracks a staggered, equal-weighted index of 40 US companies that Morningstar determines to have the highest fair value among firms with a sustainable competitive advantage. MOAT was launched on Apr 25, 2012 and is managed by VanEck.