VanEck Morningstar SMID Moat ETF (BATS:SMOT) Short Interest Up ∞ in July

VanEck Morningstar SMID Moat ETF (BATS:SMOT) was the target of a significant increase in short interest in the month of July. As of July 31st, there was short interest totaling 1,026 shares, an increase of ∞ from the July 15th total of 0 shares. Based on an average daily trading volume, of 28,188 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s shares are short sold.

VanEck Morningstar SMID Moat ETF Price Performance

Shares of SMOT stock opened at $41.27 on Friday. The stock has a market capitalization of $459.34 million, a PE ratio of 17.96 and a beta of 1.28. VanEck Morningstar SMID Moat ETF has a 1-year low of $34.25 and a 1-year high of $41.30. The business has a 50-day moving average of $39.34 and a 200 day moving average of $37.63.

Institutional Investors Weigh In On VanEck Morningstar SMID Moat ETF

Several institutional investors and hedge funds have recently bought and sold shares of the business. Paladin Wealth LLC lifted its position in shares of VanEck Morningstar SMID Moat ETF by 10.1% in the 2nd quarter. Paladin Wealth LLC now owns 33,637 shares of the company’s stock worth $1,307,000 after purchasing an additional 3,075 shares during the period. Gradient Investments LLC grew its stake in shares of VanEck Morningstar SMID Moat ETF by 4.1% in the second quarter. Gradient Investments LLC now owns 905,457 shares of the company’s stock worth $35,186,000 after acquiring an additional 35,422 shares during the last quarter. Western Wealth Management LLC purchased a new stake in VanEck Morningstar SMID Moat ETF during the 1st quarter valued at about $82,000. Royal Bank of Canada grew its holdings in shares of VanEck Morningstar SMID Moat ETF by 60.4% during the first quarter. Royal Bank of Canada now owns 15,888 shares of the company’s stock valued at $559,000 after buying an additional 5,981 shares during the last quarter. Finally, Independent Financial Group LLC purchased a new stake in VanEck Morningstar SMID Moat ETF during the 1st quarter valued at $290,000.

About VanEck Morningstar SMID Moat ETF

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.