VanEck Oil Services ETF (NYSEARCA:OIH) Short Interest Update

VanEck Oil Services ETF (NYSEARCA:OIH) was the target of a significant drop in short interest in February. As of February 27th, there was short interest totaling 1,670,043 shares, a drop of 26.3% from the February 12th total of 2,264,550 shares. Approximately 28.1% of the company’s stock are sold short. Based on an average daily trading volume, of 568,539 shares, the days-to-cover ratio is currently 2.9 days. Based on an average daily trading volume, of 568,539 shares, the days-to-cover ratio is currently 2.9 days. Approximately 28.1% of the company’s stock are sold short.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the business. Healthcare of Ontario Pension Plan Trust Fund increased its stake in VanEck Oil Services ETF by 5.4% in the 4th quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 609,000 shares of the company’s stock valued at $173,425,000 after buying an additional 31,000 shares during the last quarter. Morgan Stanley grew its holdings in shares of VanEck Oil Services ETF by 6.2% in the 4th quarter. Morgan Stanley now owns 455,222 shares of the company’s stock valued at $129,634,000 after acquiring an additional 26,633 shares in the last quarter. Employees Provident Fund Board acquired a new stake in shares of VanEck Oil Services ETF in the fourth quarter valued at about $69,336,000. Wells Fargo & Company MN increased its position in shares of VanEck Oil Services ETF by 9.7% in the fourth quarter. Wells Fargo & Company MN now owns 188,675 shares of the company’s stock valued at $53,729,000 after acquiring an additional 16,625 shares during the last quarter. Finally, Gendell Jeffrey L raised its holdings in VanEck Oil Services ETF by 79.9% during the fourth quarter. Gendell Jeffrey L now owns 146,532 shares of the company’s stock worth $41,728,000 after acquiring an additional 65,084 shares in the last quarter. Institutional investors and hedge funds own 94.50% of the company’s stock.

VanEck Oil Services ETF Stock Performance

NYSEARCA OIH traded down $1.34 during trading on Friday, hitting $371.13. The stock had a trading volume of 670,814 shares, compared to its average volume of 727,143. VanEck Oil Services ETF has a 12 month low of $191.21 and a 12 month high of $406.12. The company’s 50-day moving average price is $359.27 and its two-hundred day moving average price is $304.19. The company has a market capitalization of $2.21 billion, a PE ratio of 10.97 and a beta of 1.16.

VanEck Oil Services ETF News Roundup

Here are the key news stories impacting VanEck Oil Services ETF this week:

• Positive Sentiment: Strait of Hormuz closure and U.S.-Iran strikes pushed oil higher, keeping service-rig demand expectations intact and supporting oil-services exposure. Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Tests New Highs As U.S. Intensifies Strikes Against Iran
• Positive Sentiment: Analysts and technical reports note crude’s strong bullish momentum and continued headline sensitivity from the conflict, which generally benefits drilling/service providers through higher dayrates and utilization. Crude Oil Price Forecast: Momentum Suggests Resistance Tests Ahead
• Positive Sentiment: Goldman Sachs raised longer-term Brent/WTI forecasts assuming prolonged Strait of Hormuz disruption — a bullish backdrop for oil services earnings over coming quarters. Goldman Sachs Raises Q4 Brent, WTI Crude Price Forecast Amid Longer Hormuz Disruption
• Neutral Sentiment: Prediction markets and traders put sizable odds on oil hitting $100 this month — a sign of risk that could swing OIH materially either way as headlines evolve. Traders Put 72% Odds on Oil Returning to $100 as Iran Conflict Hits New Phase
• Neutral Sentiment: Infrastructure stories (pipelines bypassing the Strait, and debate over a Jones Act waiver) highlight potential partial supply reroutes — these could blunt some tightness but won’t immediately reverse offshore/onshore service demand. The Two Oil Pipelines Helping Saudi Arabia and UAE Bypass the Strait of Hormuz What Is the Jones Act and Why It Matters for Soaring Oil Prices
• Negative Sentiment: The U.S. announced a 172 million‑barrel SPR release and IEA members agreed to a record coordinated release (400 million barrels), actions aimed at lowering prices and easing near‑term supply tightness — headwinds for oil‑services revenue growth if sustained. US to Release 172 Million Barrels of Oil from Strategic Petroleum Reserve
• Negative Sentiment: Markets reacted to a U.S. license allowing countries to buy Russian crude stranded at sea for 30 days, which eased supply concerns and briefly pushed oil prices lower — a direct offset to the rally supporting OIH. Oil Drops After US Issues License for Countries to Buy Russian Oil Stranded at Sea

About VanEck Oil Services ETF

The VanEck Oil Services ETF (OIH) is an exchange-traded fund that is based on the MVIS US Listed Oil Services 25 index, a market-cap-weighted index of 25 of the largest US-listed, publicly traded oil services companies. OIH was launched on Feb 7, 2001 and is managed by VanEck.