VanEck Morningstar International Moat ETF (BATS:MOTI) Sees Large Growth in Short Interest

VanEck Morningstar International Moat ETF (BATS:MOTI) saw 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. Based on an average daily volume of 2,311 shares, the days-to-cover ratio is currently 1.7 days. Currently, 0.1% of the shares of the stock are sold short.

Hedge Funds Weigh In On VanEck Morningstar International Moat ETF

Hedge funds have recently modified their holdings of the stock. Royal Bank of Canada raised its position in shares of 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 purchasing an additional 1,159 shares during the period. Janney Montgomery Scott LLC increased its holdings in VanEck Morningstar International Moat ETF by 2.7% during the 1st quarter. Janney Montgomery Scott LLC now owns 110,871 shares of the company’s stock worth $3,786,000 after purchasing an additional 2,967 shares in the last quarter. Whipplewood Advisors LLC increased its position in shares of VanEck Morningstar International Moat ETF by 2.7% during the 1st quarter. Whipplewood Advisors LLC now owns 31,113 shares of the company’s stock worth $1,063,000 after purchasing an additional 821 shares during the last quarter. Leelyn Smith LLC lifted its position in VanEck Morningstar International Moat ETF by 3.6% during the first quarter. Leelyn Smith LLC now owns 9,908 shares of the company’s stock worth $338,000 after acquiring an additional 345 shares during the last quarter. Finally, Rockefeller Capital Management L.P. increased its position in shares of VanEck Morningstar International Moat ETF by 4.6% in the fourth quarter. Rockefeller Capital Management L.P. now owns 7,922 shares of the company’s stock worth $291,000 after purchasing an additional 347 shares during the period.

VanEck Morningstar International Moat ETF Stock Performance

Shares of MOTI opened at $36.46 on Friday. The company’s fifty day moving average is $35.73 and its 200 day moving average is $35.69. The stock has a market capitalization of $187.77 million, a PE ratio of 19.33 and a beta of 0.74. VanEck Morningstar International Moat ETF has a fifty-two week low of $32.66 and a fifty-two week high of $39.37.

About VanEck Morningstar International Moat ETF

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.