VanEck Morningstar Wide Moat ETF (BATS:MOAT – Get Free Report) was the recipient of a large increase in short interest in the month of October. As of October 15th, there was short interest totaling 187,992 shares, an increase of 159.6% from the September 30th total of 72,412 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average trading volume of 363,506 shares, the days-to-cover ratio is presently 0.5 days.
Hedge Funds Weigh In On VanEck Morningstar Wide Moat ETF
A number of institutional investors have recently added to or reduced their stakes in the company. Trust Co. of Vermont acquired a new stake in shares of VanEck Morningstar Wide Moat ETF during the second quarter valued at about $28,000. Pflug Koory LLC purchased a new stake in shares of VanEck Morningstar Wide Moat ETF during the third quarter worth about $33,000. Headlands Technologies LLC acquired a new position in shares of VanEck Morningstar Wide Moat ETF in the second quarter worth about $40,000. Blue Trust Inc. lifted its stake in shares of VanEck Morningstar Wide Moat ETF by 86.0% in the first quarter. Blue Trust Inc. now owns 398 shares of the company’s stock worth $39,000 after acquiring an additional 184 shares in the last quarter. Finally, Salomon & Ludwin LLC acquired a new position in shares of VanEck Morningstar Wide Moat ETF in the third quarter worth about $42,000.
VanEck Morningstar Wide Moat ETF Stock Up 1.3%
MOAT opened at $112.40 on Friday. The firm has a market capitalization of $15.17 billion, a P/E ratio of 22.53 and a beta of 1.02. The firm’s 50 day moving average is $110.23 and its 200-day moving average is $105.32. VanEck Morningstar Wide Moat ETF has a 52-week low of $94.07 and a 52-week high of $115.58.
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.
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