Short Interest in VanEck Semiconductor ETF (NASDAQ:SMH) Expands By 17.7%

VanEck Semiconductor ETF (NASDAQ:SMH) was the recipient of a significant increase in short interest during the month of February. As of February 27th, there was short interest totaling 7,844,377 shares, an increase of 17.7% from the February 12th total of 6,662,602 shares. Based on an average trading volume of 6,888,604 shares, the short-interest ratio is currently 1.1 days. Currently, 7.2% of the shares of the stock are short sold. Currently, 7.2% of the shares of the stock are short sold. Based on an average trading volume of 6,888,604 shares, the short-interest ratio is currently 1.1 days.

Hedge Funds Weigh In On VanEck Semiconductor ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. AQR Capital Management LLC lifted its stake in shares of VanEck Semiconductor ETF by 4.8% in the 1st quarter. AQR Capital Management LLC now owns 2,381 shares of the company’s stock valued at $504,000 after acquiring an additional 109 shares during the last quarter. Empowered Funds LLC increased its holdings in VanEck Semiconductor ETF by 32.5% in the 1st quarter. Empowered Funds LLC now owns 11,789 shares of the company’s stock worth $2,493,000 after purchasing an additional 2,890 shares in the last quarter. Savant Capital LLC increased its holdings in VanEck Semiconductor ETF by 15.7% in the 2nd quarter. Savant Capital LLC now owns 1,846 shares of the company’s stock worth $515,000 after purchasing an additional 251 shares in the last quarter. Foundations Investment Advisors LLC raised its position in VanEck Semiconductor ETF by 46.0% in the second quarter. Foundations Investment Advisors LLC now owns 7,848 shares of the company’s stock valued at $2,189,000 after purchasing an additional 2,471 shares during the last quarter. Finally, SG Americas Securities LLC raised its position in VanEck Semiconductor ETF by 103.5% in the second quarter. SG Americas Securities LLC now owns 3,166 shares of the company’s stock valued at $883,000 after purchasing an additional 94,536 shares during the last quarter.

VanEck Semiconductor ETF Stock Up 2.5%

Shares of SMH stock traded up $9.79 on Monday, reaching $397.12. The company had a trading volume of 3,781,266 shares, compared to its average volume of 8,369,481. The stock has a market capitalization of $43.40 billion, a PE ratio of 34.83 and a beta of 1.52. VanEck Semiconductor ETF has a one year low of $170.11 and a one year high of $427.94. The business’s 50-day moving average is $400.12 and its 200 day moving average is $360.95.

VanEck Semiconductor ETF Dividend Announcement

The business also recently disclosed an annual dividend, which was paid on Friday, December 26th. Investors of record on Monday, December 22nd were given a dividend of $1.1047 per share. This represents a yield of 31.0%. The ex-dividend date was Monday, December 22nd.

About VanEck Semiconductor ETF

The VanEck Semiconductor ETF (SMH) is an exchange-traded fund that is based on the MVIS US Listed Semiconductor 25 index, a market-cap-weighted index of 25 of the largest US-listed semiconductors companies. SMH was launched on May 5, 2000 and is managed by VanEck.