VanEck Morningstar International Moat ETF (BATS:MOTI – Get Free Report) was the target of a significant growth in short interest in October. As of October 15th, there was short interest totaling 4,018 shares, a growth of 85.4% from the September 30th total of 2,167 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 2,311 shares, the days-to-cover ratio is presently 1.7 days.
Institutional Investors Weigh In On VanEck Morningstar International Moat ETF
Hedge funds have recently added to or reduced their stakes in the business. Fifth Third Bancorp bought a new stake in shares of VanEck Morningstar International Moat ETF in the first quarter worth $173,000. Janney Montgomery Scott LLC lifted its stake in VanEck Morningstar International Moat ETF by 2.7% in the first quarter. Janney Montgomery Scott LLC now owns 110,871 shares of the company’s stock valued at $3,786,000 after buying an additional 2,967 shares during the period. Royal Bank of Canada lifted its stake in VanEck Morningstar International Moat ETF by 0.6% in the first quarter. Royal Bank of Canada now owns 187,237 shares of the company’s stock valued at $6,395,000 after buying an additional 1,159 shares during the period. Integrated Wealth Concepts LLC bought a new position in VanEck Morningstar International Moat ETF during the second quarter worth $33,000. Finally, Whipplewood Advisors LLC grew its stake in shares of VanEck Morningstar International Moat ETF by 2.7% in the 1st quarter. Whipplewood Advisors LLC now owns 31,113 shares of the company’s stock valued at $1,063,000 after buying an additional 821 shares during the period.
VanEck Morningstar International Moat ETF Trading Up 1.2%
MOTI stock opened at $36.88 on Tuesday. The stock has a market capitalization of $189.93 million, a P/E ratio of 19.33 and a beta of 0.74. VanEck Morningstar International Moat ETF has a 12 month low of $32.66 and a 12 month high of $39.37. The firm has a 50-day moving average price of $35.72 and a 200-day moving average price of $35.69.
VanEck Morningstar International Moat ETF Company Profile
The VanEck Morningstar International Moat ETF (MOTI) is an exchange-traded fund that is based on the Morningstar Global ex-US Moat Focus index. The fund tracks an equal-weighted index of 50 non-US companies that Morningstar deems to have a sustainable competitive advantage and an attractive valuation. MOTI was launched on Jul 14, 2015 and is managed by VanEck.
Further Reading
- Five stocks we like better than VanEck Morningstar International Moat ETF
- AbbVie’s Humira Era Is Fading, But Its New Growth Engines Face Another Test
- GLP-1 Focus or Broader Peptide Exposure: Which ETF Has the Edge?
- Mortgage Rates Froze U.S. Housing, But These 3 Overseas Markets Still Pay Double Digits
- Big Tech Is Spending Billions on AIāThese 5 Stocks Are Getting Paid
Receive News & Ratings for VanEck Morningstar International Moat ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VanEck Morningstar International Moat ETF and related companies with MarketBeat.com's FREE daily email newsletter.
