VanEck Mortgage REIT Income ETF (NYSEARCA:MORT) Sees Large Increase in Short Interest

VanEck Mortgage REIT Income ETF (NYSEARCA:MORT) saw a large increase in short interest in the month of February. As of February 27th, there was short interest totaling 448,387 shares, an increase of 318.5% from the February 12th total of 107,152 shares. Based on an average trading volume of 1,785,302 shares, the days-to-cover ratio is presently 0.3 days. Approximately 1.3% of the shares of the company are short sold. Approximately 1.3% of the shares of the company are short sold. Based on an average trading volume of 1,785,302 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Trading of VanEck Mortgage REIT Income ETF

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Kestra Advisory Services LLC acquired a new stake in shares of VanEck Mortgage REIT Income ETF during the fourth quarter valued at about $33,000. Advisory Services Network LLC purchased a new position in shares of VanEck Mortgage REIT Income ETF in the third quarter valued at approximately $61,000. Phoenix Financial Ltd. acquired a new stake in VanEck Mortgage REIT Income ETF during the 4th quarter worth approximately $70,000. Triumph Capital Management purchased a new position in VanEck Mortgage REIT Income ETF in the 3rd quarter valued at approximately $107,000. Finally, Clear Creek Financial Management LLC acquired a new position in shares of VanEck Mortgage REIT Income ETF in the fourth quarter worth $108,000.

VanEck Mortgage REIT Income ETF Trading Down 1.1%

MORT stock traded down $0.12 during trading on Wednesday, reaching $10.42. 1,540,316 shares of the stock were exchanged, compared to its average volume of 1,674,528. The business has a 50 day moving average price of $10.85 and a 200-day moving average price of $10.75. VanEck Mortgage REIT Income ETF has a 1 year low of $8.81 and a 1 year high of $11.62. The firm has a market capitalization of $366.26 million, a price-to-earnings ratio of 14.67 and a beta of 1.30.

About VanEck Mortgage REIT Income ETF

The VanEck Mortgage REIT Income ETF (MORT) is an exchange-traded fund that is based on the MVIS US Mortgage REITs index, a market-cap-weighted index of mortgage REITs. MORT was launched on Aug 16, 2011 and is managed by VanEck.