VanEck Oil Refiners ETF (NYSEARCA:CRAK – Get Free Report) was the recipient of a significant drop in short interest in August. As of August 14th, there was short interest totaling 176,090 shares, a drop of 53.3% from the July 30th total of 377,396 shares. Based on an average daily volume of 350,952 shares, the days-to-cover ratio is currently 0.5 days. Approximately 4.0% of the shares of the stock are sold short.
Hedge Funds Weigh In On VanEck Oil Refiners ETF
Several institutional investors have recently bought and sold shares of CRAK. Raymond James Financial Inc. purchased a new stake in VanEck Oil Refiners ETF in the 2nd quarter worth $121,000. Flow Traders U.S. LLC increased its holdings in shares of VanEck Oil Refiners ETF by 46.0% in the third quarter. Flow Traders U.S. LLC now owns 32,510 shares of the company’s stock worth $1,193,000 after purchasing an additional 10,239 shares during the last quarter. Sunbelt Securities Inc. lifted its position in shares of VanEck Oil Refiners ETF by 25.0% in the third quarter. Sunbelt Securities Inc. now owns 2,500 shares of the company’s stock worth $92,000 after buying an additional 500 shares in the last quarter. Farther Finance Advisors LLC bought a new position in VanEck Oil Refiners ETF during the fourth quarter valued at approximately $77,000. Finally, Western Wealth Management LLC purchased a new position in VanEck Oil Refiners ETF during the 4th quarter valued at approximately $503,000.
VanEck Oil Refiners ETF Stock Up 1.7%
NYSEARCA CRAK traded up $1.03 during trading hours on Friday, reaching $60.19. The company’s stock had a trading volume of 325,695 shares, compared to its average volume of 161,957. The firm’s 50-day moving average price is $53.64 and its 200-day moving average price is $49.71. VanEck Oil Refiners ETF has a 1 year low of $35.06 and a 1 year high of $61.06. The company has a market capitalization of $264.84 million, a price-to-earnings ratio of 13.16 and a beta of 0.52.
VanEck Oil Refiners ETF Company Profile
The VanEck Oil Refiners ETF (CRAK) is an exchange-traded fund that is based on the MVIS Global Oil Refiners index. The fund tracks a market-cap index of global stocks issued by firms that earn at least 50% of their revenue from oil refining. CRAK was launched on Aug 18, 2015 and is managed by VanEck.
See Also
- Five stocks we like better than VanEck Oil Refiners ETF
- Strike a Balance Between Growth and Stability With These 3 Names Ready to Rally
- Rubrik’s AI Security Bet Could Power the Next Leg Higher
- Apple’s Foldable iPhone Could Be a Catalyst, But Not a Cure-All
- Snowflake Is Up Nearly 50% in 2026—What Are Short Sellers Betting Against?
Receive News & Ratings for VanEck Oil Refiners ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VanEck Oil Refiners ETF and related companies with MarketBeat.com's FREE daily email newsletter.
