VanEck Real Assets ETF (NYSEARCA:RAAX) Sees Significant Decrease in Short Interest

VanEck Real Assets ETF (NYSEARCA:RAAX) was the target of a large decrease in short interest during the month of May. As of May 29th, there was short interest totaling 133,206 shares, a decrease of 49.0% from the May 14th total of 261,232 shares. Approximately 0.6% of the company’s shares are short sold. Based on an average daily volume of 233,071 shares, the short-interest ratio is presently 0.6 days.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in RAAX. Raymond James Financial Inc. bought a new position in shares of VanEck Real Assets ETF in the 2nd quarter worth approximately $262,000. Jane Street Group LLC bought a new position in shares of VanEck Real Assets ETF in the 2nd quarter worth approximately $1,163,000. Prevail Innovative Wealth Advisors LLC raised its position in shares of VanEck Real Assets ETF by 27.2% in the 2nd quarter. Prevail Innovative Wealth Advisors LLC now owns 25,796 shares of the company’s stock worth $801,000 after acquiring an additional 5,522 shares in the last quarter. Osaic Holdings Inc. raised its position in shares of VanEck Real Assets ETF by 332.7% in the 2nd quarter. Osaic Holdings Inc. now owns 2,354 shares of the company’s stock worth $73,000 after acquiring an additional 1,810 shares in the last quarter. Finally, Stratos Wealth Partners LTD. raised its position in shares of VanEck Real Assets ETF by 3.9% in the 3rd quarter. Stratos Wealth Partners LTD. now owns 12,052 shares of the company’s stock worth $415,000 after acquiring an additional 450 shares in the last quarter.

VanEck Real Assets ETF Price Performance

RAAX opened at $41.09 on Friday. The business has a 50 day simple moving average of $41.49 and a two-hundred day simple moving average of $39.36. The firm has a market capitalization of $875.22 million, a price-to-earnings ratio of 22.21 and a beta of 0.54. VanEck Real Assets ETF has a one year low of $31.05 and a one year high of $42.75.

About VanEck Real Assets ETF

The VanEck Inflation Allocation ETF (RAAX) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund of funds that seeks to maximize long-term real returns. It invests in ETPs with exposure to real assets, such as real estate, commodities, natural resources, or infrastructure, and may hold up to 100% cash or equivalents. RAAX was launched on Apr 9, 2018 and is managed by VanEck.