VanEck Morningstar SMID Moat ETF (BATS:SMOT) Short Interest Update

VanEck Morningstar SMID Moat ETF (BATS:SMOT) was the recipient of a large drop in short interest in the month of June. As of June 15th, there was short interest totaling 625 shares, a drop of 61.1% from the May 31st total of 1,607 shares. Based on an average daily volume of 25,651 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company’s shares are sold short.

VanEck Morningstar SMID Moat ETF Stock Up 0.4%

BATS SMOT opened at $38.99 on Friday. VanEck Morningstar SMID Moat ETF has a twelve month low of $34.25 and a twelve month high of $39.27. The firm has a market capitalization of $433.96 million, a PE ratio of 17.96 and a beta of 1.28. The stock’s 50 day moving average is $37.82 and its 200 day moving average is $36.97.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the business. Royal Bank of Canada purchased a new stake in VanEck Morningstar SMID Moat ETF in the first quarter worth about $405,000. Goldman Sachs Group Inc. purchased a new position in shares of VanEck Morningstar SMID Moat ETF during the first quarter valued at approximately $921,000. NewEdge Advisors LLC purchased a new position in shares of VanEck Morningstar SMID Moat ETF during the second quarter valued at approximately $355,000. Bank of America Corp DE boosted its position in shares of VanEck Morningstar SMID Moat ETF by 18.7% in the 2nd quarter. Bank of America Corp DE now owns 609,663 shares of the company’s stock worth $21,216,000 after purchasing an additional 95,940 shares in the last quarter. Finally, Tower Research Capital LLC TRC boosted its position in shares of VanEck Morningstar SMID Moat ETF by 34.5% in the 2nd quarter. Tower Research Capital LLC TRC now owns 11,086 shares of the company’s stock worth $386,000 after purchasing an additional 2,843 shares in the last quarter.

VanEck Morningstar SMID Moat ETF Company Profile

The VanEck Morningstar SMID Moat ETF (SMOT) is an exchange-traded fund that mostly invests in extended market equity. The fund tracks an index made up of two equally-weighted sub-portfolios, comprised of small- and mid-cap companies believed to have durable competitive advantages and attractive valuations. SMOT was launched on Oct 4, 2022 and is managed by VanEck.