VanEck Morningstar Wide Moat Value ETF (BATS:MVAL) Sees Significant Decline in Short Interest

VanEck Morningstar Wide Moat Value ETF (BATS:MVAL – Get Free Report) was the recipient of a significant decrease in short interest in September. As of September 30th, there was short interest totaling 6 shares, a decrease of 86.4% from the September 15th total of 44 shares. Based on an average daily trading volume, of 270 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are sold short.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of MVAL. Headlands Technologies LLC acquired a new stake in VanEck Morningstar Wide Moat Value ETF during the second quarter worth about $73,000. Integrated Wealth Concepts LLC acquired a new position in VanEck Morningstar Wide Moat Value ETF in the second quarter valued at approximately $161,000. Citadel Advisors LLC bought a new position in shares of VanEck Morningstar Wide Moat Value ETF during the second quarter worth $283,000. Proficio Capital Partners LLC acquired a new position in shares of VanEck Morningstar Wide Moat Value ETF in the second quarter valued at approximately $1,272,000. Finally, Nan Shan Life Insurance Co. Ltd. acquired a new position in VanEck Morningstar Wide Moat Value ETF during the 2nd quarter worth approximately $2,675,000.

VanEck Morningstar Wide Moat Value ETF Stock Performance

BATS:MVAL opened at $37.12 on Friday. The business has a fifty day moving average of $38.27 and a 200-day moving average of $37.00. The stock has a market cap of $5.57 million, a price-to-earnings ratio of 18.54 and a beta of 0.76. VanEck Morningstar Wide Moat Value ETF has a 1 year low of $34.18 and a 1 year high of $40.20.

VanEck Morningstar Wide Moat Value ETF Company Profile

(Get Free Report)

The VanEck Morningstar Wide Moat Value ETF (MVAL) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a modified equal-weighted index of 30 to 60 value-oriented US stocks that Morningstar determines to be attractively priced and have sustainable competitive advantages. MVAL was launched on Mar 26, 2024 and is issued by VanEck.

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