VanEck Mortgage REIT Income ETF (NYSEARCA:MORT) Sees Significant Decline in Short Interest

VanEck Mortgage REIT Income ETF (NYSEARCA:MORTGet Free Report) was the recipient of a significant decline in short interest in the month of January. As of January 30th, there was short interest totaling 167,816 shares, a decline of 56.8% from the January 15th total of 388,515 shares. Based on an average daily volume of 2,101,817 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.5% of the shares of the company are short sold. Approximately 0.5% of the shares of the company are short sold. Based on an average daily volume of 2,101,817 shares, the days-to-cover ratio is presently 0.1 days.

VanEck Mortgage REIT Income ETF Stock Performance

NYSEARCA MORT traded up $0.06 during trading hours on Friday, reaching $10.82. The stock had a trading volume of 1,649,429 shares, compared to its average volume of 1,568,494. VanEck Mortgage REIT Income ETF has a 52-week low of $8.81 and a 52-week high of $11.79. The stock has a fifty day moving average of $10.89 and a 200 day moving average of $10.75. The stock has a market cap of $380.32 million, a P/E ratio of 14.67 and a beta of 1.30.

Institutional Trading of VanEck Mortgage REIT Income ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in MORT. Ameritas Advisory Services LLC acquired a new position in VanEck Mortgage REIT Income ETF during the second quarter valued at $26,000. Kestra Advisory Services LLC purchased a new position in shares of VanEck Mortgage REIT Income ETF during the 4th quarter valued at about $33,000. Advisory Services Network LLC acquired a new position in shares of VanEck Mortgage REIT Income ETF in the 3rd quarter valued at about $61,000. Phoenix Financial Ltd. acquired a new position in shares of VanEck Mortgage REIT Income ETF in the 4th quarter valued at about $70,000. Finally, Triumph Capital Management purchased a new stake in shares of VanEck Mortgage REIT Income ETF in the third quarter worth about $107,000.

About VanEck Mortgage REIT Income ETF

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The VanEck Mortgage REIT Income ETF (MORT) is an exchange-traded fund that is based on the MVIS US Mortgage REITs index, a market-cap-weighted index of mortgage REITs. MORT was launched on Aug 16, 2011 and is managed by VanEck.

Further Reading

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