Short Interest in VanEck Morningstar International Moat ETF (BATS:MOTI) Declines By 62.9%

VanEck Morningstar International Moat ETF (BATS:MOTI) saw a large drop in short interest in the month of July. As of July 15th, there was short interest totaling 8,027 shares, a drop of 62.9% from the June 30th total of 21,650 shares. Based on an average trading volume of 6,486 shares, the short-interest ratio is currently 1.2 days. Approximately 0.2% of the shares of the stock are sold short.

VanEck Morningstar International Moat ETF Price Performance

Shares of BATS:MOTI opened at $34.88 on Tuesday. The business’s 50 day simple moving average is $34.15 and its 200-day simple moving average is $35.60. The firm has a market capitalization of $179.63 million, a price-to-earnings ratio of 19.33 and a beta of 0.74. VanEck Morningstar International Moat ETF has a 12 month low of $32.66 and a 12 month high of $39.49.

Hedge Funds Weigh In On VanEck Morningstar International Moat ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Bank of America Corp DE purchased a new stake in VanEck Morningstar International Moat ETF during the second quarter worth $27,000. Jones Financial Companies Lllp acquired a new position in VanEck Morningstar International Moat ETF during the first quarter worth about $58,000. NewEdge Advisors LLC acquired a new position in shares of VanEck Morningstar International Moat ETF during the 1st quarter worth approximately $67,000. Fifth Third Bancorp acquired a new position in shares of VanEck Morningstar International Moat ETF in the first quarter worth $173,000. Finally, Rockefeller Capital Management L.P. lifted its holdings in VanEck Morningstar International Moat ETF by 4.6% in the 4th quarter. Rockefeller Capital Management L.P. now owns 7,922 shares of the company’s stock valued at $291,000 after purchasing an additional 347 shares in the last quarter.

VanEck Morningstar International Moat ETF Company Profile

The VanEck Morningstar International Moat ETF (MOTI) is an exchange-traded fund that is based on the Morningstar Global ex-US Moat Focus index. The fund tracks an equal-weighted index of 50 non-US companies that Morningstar deems to have a sustainable competitive advantage and an attractive valuation. MOTI was launched on Jul 14, 2015 and is managed by VanEck.