VanEck Morningstar SMID Moat ETF (BATS:SMOT) Short Interest Update

VanEck Morningstar SMID Moat ETF (BATS:SMOT) was the target of a significant drop in short interest during the month of May. As of May 29th, there was short interest totaling 1,607 shares, a drop of 55.7% from the May 14th total of 3,631 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 19,894 shares, the short-interest ratio is presently 0.1 days.

VanEck Morningstar SMID Moat ETF Price Performance

Shares of BATS SMOT opened at $38.72 on Friday. The stock has a fifty day moving average price of $37.28 and a 200 day moving average price of $36.81. VanEck Morningstar SMID Moat ETF has a 1-year low of $33.34 and a 1-year high of $39.19. The company has a market cap of $430.95 million, a PE ratio of 17.96 and a beta of 1.28.

Institutional Investors Weigh In On VanEck Morningstar SMID Moat ETF

Hedge funds have recently modified their holdings of the stock. Focused Alpha LLC acquired a new stake in VanEck Morningstar SMID Moat ETF in the fourth quarter valued at $3,814,000. Bank of America Corp DE lifted its holdings in VanEck Morningstar SMID Moat ETF by 18.7% in the second quarter. Bank of America Corp DE now owns 609,663 shares of the company’s stock valued at $21,216,000 after acquiring an additional 95,940 shares during the period. Great Lakes Advisors LLC lifted its holdings in VanEck Morningstar SMID Moat ETF by 5.7% in the fourth quarter. Great Lakes Advisors LLC now owns 1,134,513 shares of the company’s stock valued at $41,069,000 after acquiring an additional 60,940 shares during the period. Ascentis Independent Advisors acquired a new stake in VanEck Morningstar SMID Moat ETF in the first quarter valued at $2,040,000. Finally, Vise Technologies Inc. acquired a new stake in VanEck Morningstar SMID Moat ETF in the fourth quarter valued at $1,306,000.

VanEck Morningstar SMID Moat ETF Company Profile

The VanEck Morningstar SMID Moat ETF (SMOT) is an exchange-traded fund that mostly invests in extended market equity. The fund tracks an index made up of two equally-weighted sub-portfolios, comprised of small- and mid-cap companies believed to have durable competitive advantages and attractive valuations. SMOT was launched on Oct 4, 2022 and is managed by VanEck.