VanEck Steel ETF (NYSEARCA:SLX) Short Interest Down 34.7% in June

Posted by Caroline Horne on Jul 19th, 2026

VanEck Steel ETF (NYSEARCA:SLX – Get Free Report) was the recipient of a large decrease in short interest during the month of June. As of June 30th, there was short interest totaling 26,943 shares, a decrease of 34.7% from the June 15th total of 41,282 shares. Approximately 1.6% of the shares of the stock are sold short. Based on an average daily volume of 54,321 shares, the days-to-cover ratio is currently 0.5 days.

VanEck Steel ETF Trading Down 0.1%

Shares of NYSEARCA SLX opened at $100.22 on Friday. The stock’s 50-day moving average is $104.85 and its 200 day moving average is $98.51. The stock has a market cap of $160.35 million, a price-to-earnings ratio of 14.09 and a beta of 1.24. VanEck Steel ETF has a 1-year low of $66.69 and a 1-year high of $114.00.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Farther Finance Advisors LLC lifted its holdings in shares of VanEck Steel ETF by 288.5% in the 4th quarter. Farther Finance Advisors LLC now owns 610 shares of the exchange traded fund’s stock worth $52,000 after acquiring an additional 453 shares during the last quarter. Kestra Advisory Services LLC bought a new position in shares of VanEck Steel ETF during the 4th quarter valued at $72,000. CoreCap Advisors LLC raised its position in VanEck Steel ETF by 286.6% in the 4th quarter. CoreCap Advisors LLC now owns 924 shares of the exchange traded fund’s stock worth $78,000 after purchasing an additional 685 shares during the period. Advisors Preferred LLC purchased a new position in VanEck Steel ETF in the 4th quarter worth $80,000. Finally, Fifth Third Bancorp bought a new stake in VanEck Steel ETF in the first quarter worth $110,000.

VanEck Steel ETF Company Profile

(Get Free Report)

Market Vectors Steel ETF (the Fund) seeks to replicate as closely as possible the price and yield performance of the NYSE Arca Steel Index (STEEL or the Index) by investing in a portfolio of securities that generally replicates STEEL. STEEL, calculated by the NYSE Alternext, is a modified market capitalization-weighted index consisting of publicly traded companies predominantly involved in the production of steel products or mining and processing of iron ore. The Index includes companies primarily involved in a variety of activities related to steel production, including the operation of manufacturing mills and fabrication of steel products.