Short Interest in VanEck Data Center Supply Chain ETF (BATS:RACK) Drops By 41.5%

VanEck Data Center Supply Chain ETF (BATS:RACK) was the recipient of a large drop in short interest during the month of July. As of July 31st, there was short interest totaling 3,815 shares, a drop of 41.5% from the July 15th total of 6,516 shares. Based on an average daily trading volume, of 24,099 shares, the days-to-cover ratio is presently 0.2 days.

VanEck Data Center Supply Chain ETF Stock Down 4.5%

Shares of BATS RACK opened at $48.99 on Wednesday. VanEck Data Center Supply Chain ETF has a twelve month low of $42.50 and a twelve month high of $54.75.

VanEck Data Center Supply Chain ETF (BATS: RACK) is an exchange-traded fund designed to provide investors with exposure to companies involved in the data center supply chain. Rather than operating a single business, the fund seeks to track the performance of a portfolio of companies that support the infrastructure, equipment, and services needed to build and operate data centers.

The ETF focuses on businesses across areas such as data center construction, power and cooling systems, networking equipment, semiconductors, cloud infrastructure, and related technology hardware and services.