VanEck Mortgage REIT Income ETF (NYSEARCA:MORT) Sees Large Increase in Short Interest

VanEck Mortgage REIT Income ETF (NYSEARCA:MORTGet Free Report) was the recipient of a large increase in short interest during the month of February. As of February 27th, there was short interest totaling 448,387 shares, an increase of 318.5% from the February 12th total of 107,152 shares. Based on an average daily trading volume, of 1,785,302 shares, the short-interest ratio is currently 0.3 days. Approximately 1.3% of the shares of the company are sold short. Approximately 1.3% of the shares of the company are sold short. Based on an average daily trading volume, of 1,785,302 shares, the short-interest ratio is currently 0.3 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Kestra Advisory Services LLC purchased a new stake in shares of VanEck Mortgage REIT Income ETF during the fourth quarter worth about $33,000. Advisory Services Network LLC acquired a new position in shares of VanEck Mortgage REIT Income ETF in the third quarter worth about $61,000. Phoenix Financial Ltd. purchased a new position in VanEck Mortgage REIT Income ETF in the fourth quarter valued at about $70,000. Triumph Capital Management purchased a new position in VanEck Mortgage REIT Income ETF in the third quarter valued at about $107,000. Finally, Clear Creek Financial Management LLC acquired a new stake in VanEck Mortgage REIT Income ETF during the 4th quarter valued at approximately $108,000.

VanEck Mortgage REIT Income ETF Stock Down 1.1%

Shares of VanEck Mortgage REIT Income ETF stock traded down $0.12 during trading on Wednesday, hitting $10.42. 1,540,316 shares of the company were exchanged, compared to its average volume of 1,674,528. VanEck Mortgage REIT Income ETF has a fifty-two week low of $8.81 and a fifty-two week high of $11.62. The firm has a 50 day moving average price of $10.85 and a 200 day moving average price of $10.75. The stock has a market capitalization of $366.26 million, a price-to-earnings ratio of 14.67 and a beta of 1.30.

About VanEck Mortgage REIT Income ETF

(Get Free Report)

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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