Short Interest in VanEck Durable High Dividend ETF (BATS:DURA) Declines By 43.1%

VanEck Durable High Dividend ETF (BATS:DURA) was the recipient of a significant decrease in short interest in August. As of August 31st, there was short interest totaling 116 shares, a decrease of 43.1% from the August 15th total of 204 shares. Based on an average trading volume of 1,553 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are sold short.

Hedge Funds Weigh In On VanEck Durable High Dividend ETF

A number of institutional investors have recently bought and sold shares of the business. Citadel Advisors LLC bought a new stake in VanEck Durable High Dividend ETF in the second quarter valued at approximately $375,000. Royal Bank of Canada increased its holdings in shares of VanEck Durable High Dividend ETF by 2.8% in the first quarter. Royal Bank of Canada now owns 61,561 shares of the company’s stock valued at $2,304,000 after purchasing an additional 1,675 shares during the last quarter. Finally, Cornerstone Wealth Group LLC acquired a new position in shares of VanEck Durable High Dividend ETF in the first quarter valued at $234,000.

VanEck Durable High Dividend ETF Price Performance

VanEck Durable High Dividend ETF stock opened at $39.49 on Tuesday. The firm has a market capitalization of $53.31 million, a PE ratio of 15.63 and a beta of 0.64. The company’s 50-day moving average is $39.00 and its 200-day moving average is $38.01. VanEck Durable High Dividend ETF has a fifty-two week low of $31.35 and a fifty-two week high of $40.35.

VanEck Durable High Dividend ETF Company Profile

The VanEck Morningstar Durable Dividend ETF (DURA) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a dividend-weighted index of US firms that are screened for dividend yield, financial health, and valuation. DURA was launched on Oct 30, 2018 and is managed by VanEck.