VanEck Mortgage REIT Income ETF (NYSEARCA:MORT) Sees Significant Decrease in Short Interest

VanEck Mortgage REIT Income ETF (NYSEARCA:MORT) was the recipient of a large decrease in short interest during the month of July. As of July 31st, there was short interest totaling 668,805 shares, a decrease of 36.6% from the July 15th total of 1,054,625 shares. Based on an average daily volume of 1,269,418 shares, the short-interest ratio is presently 0.5 days. Currently, 1.7% of the company’s stock are sold short.

VanEck Mortgage REIT Income ETF Trading Down 0.3%

Shares of NYSEARCA MORT traded down $0.03 during midday trading on Tuesday, reaching $9.89. The company had a trading volume of 964,359 shares, compared to its average volume of 1,289,372. VanEck Mortgage REIT Income ETF has a 1 year low of $9.59 and a 1 year high of $11.44. The business’s 50-day simple moving average is $9.95 and its 200 day simple moving average is $10.22. The stock has a market cap of $384.72 million, a P/E ratio of 14.67 and a beta of 1.17.

Hedge Funds Weigh In On VanEck Mortgage REIT Income ETF

Several large investors have recently made changes to their positions in MORT. Kestra Advisory Services LLC acquired a new position in shares of VanEck Mortgage REIT Income ETF in the fourth quarter worth about $33,000. Advisory Services Network LLC acquired a new position in shares of VanEck Mortgage REIT Income ETF during the third quarter valued at approximately $61,000. Phoenix Financial Ltd. purchased a new position in shares of VanEck Mortgage REIT Income ETF in the fourth quarter valued at approximately $70,000. Triumph Capital Management acquired a new stake in shares of VanEck Mortgage REIT Income ETF in the third quarter worth approximately $107,000. Finally, Fifth Third Bancorp acquired a new stake in shares of VanEck Mortgage REIT Income ETF in the first quarter worth approximately $110,000.

VanEck Mortgage REIT Income ETF Company Profile

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.