VanEck Morningstar Wide Moat ETF (BATS:MOAT) Shares Shorted: Short Interest Up 159.6% in October

VanEck Morningstar Wide Moat ETF (BATS:MOAT) saw a large increase in short interest during the month of October. As of October 15th, there was short interest totaling 187,992 shares, an increase of 159.6% from the September 30th total of 72,412 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average trading volume of 363,506 shares, the short-interest ratio is currently 0.5 days.

VanEck Morningstar Wide Moat ETF Stock Down 0.4%

BATS MOAT opened at $110.92 on Thursday. VanEck Morningstar Wide Moat ETF has a 52 week low of $94.07 and a 52 week high of $115.58. The business’s fifty day simple moving average is $110.27 and its 200-day simple moving average is $105.30. The firm has a market cap of $14.97 billion, a PE ratio of 22.53 and a beta of 1.02.

Institutional Trading of VanEck Morningstar Wide Moat ETF

Hedge funds have recently made changes to their positions in the business. Royal Bank of Canada raised its stake in shares of VanEck Morningstar Wide Moat ETF by 10.8% in the first quarter. Royal Bank of Canada now owns 833,825 shares of the company’s stock valued at $80,630,000 after acquiring an additional 81,552 shares in the last quarter. Kelman Lazarov Inc. increased its holdings in shares of VanEck Morningstar Wide Moat ETF by 0.9% in the 1st quarter. Kelman Lazarov Inc. now owns 561,025 shares of the company’s stock valued at $54,251,000 after acquiring an additional 5,005 shares during the last quarter. Harbor Group Inc. acquired a new stake in VanEck Morningstar Wide Moat ETF during the third quarter worth approximately $53,492,000. Leelyn Smith LLC raised its stake in VanEck Morningstar Wide Moat ETF by 4.1% during the 1st quarter. Leelyn Smith LLC now owns 511,612 shares of the company’s stock worth $49,473,000 after acquiring an additional 20,186 shares in the last quarter. Finally, Whitaker Myers Wealth Managers LTD. lifted its position in VanEck Morningstar Wide Moat ETF by 6.2% in the second quarter. Whitaker Myers Wealth Managers LTD. now owns 430,701 shares of the company’s stock valued at $44,776,000 after acquiring an additional 25,230 shares during the last quarter.

About VanEck Morningstar Wide Moat ETF

The VanEck Morningstar Wide Moat ETF (MOAT) is an exchange-traded fund that is based on the Morningstar Wide Moat Focus 20 index. The fund tracks a staggered, equal-weighted index of 40 US companies that Morningstar determines to have the highest fair value among firms with a sustainable competitive advantage. MOAT was launched on Apr 25, 2012 and is managed by VanEck.