VanEck Mortgage REIT Income ETF (NYSEARCA:MORT) Short Interest Update

VanEck Mortgage REIT Income ETF (NYSEARCA:MORT) saw a large decline in short interest during the month of August. As of August 14th, there was short interest totaling 284,729 shares, a decline of 57.4% from the July 30th total of 668,805 shares. Approximately 0.7% of the shares of the company are short sold. Based on an average daily volume of 973,010 shares, the short-interest ratio is presently 0.3 days.

VanEck Mortgage REIT Income ETF Trading Down 0.2%

Shares of NYSEARCA:MORT traded down $0.02 on Friday, hitting $9.81. 731,219 shares of the company were exchanged, compared to its average volume of 1,264,750. VanEck Mortgage REIT Income ETF has a 1-year low of $9.59 and a 1-year high of $11.44. The stock’s 50 day moving average price is $9.91 and its 200 day moving average price is $10.17. The firm has a market capitalization of $381.61 million, a P/E ratio of 14.67 and a beta of 1.17.

Institutional Trading of VanEck Mortgage REIT Income ETF

Several large investors have recently added to or reduced their stakes in the company. Kestra Advisory Services LLC purchased a new position in shares of VanEck Mortgage REIT Income ETF in the fourth quarter worth about $33,000. Advisory Services Network LLC purchased a new position in VanEck Mortgage REIT Income ETF during the 3rd quarter worth approximately $61,000. Phoenix Financial Ltd. acquired a new stake in VanEck Mortgage REIT Income ETF during the 4th quarter valued at approximately $70,000. Triumph Capital Management lifted its stake in VanEck Mortgage REIT Income ETF by 12.9% during the 2nd quarter. Triumph Capital Management now owns 9,643 shares of the company’s stock valued at $100,000 after acquiring an additional 1,100 shares during the period. Finally, Fifth Third Bancorp purchased a new stake in shares of VanEck Mortgage REIT Income ETF in the 1st quarter valued at $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.