VanEck Oil Refiners ETF (NYSEARCA:CRAK) Sees Large Drop in Short Interest

Posted by Joseph Casey on Jul 12th, 2026

VanEck Oil Refiners ETF (NYSEARCA:CRAK – Get Free Report) was the recipient of a large drop in short interest in the month of June. As of June 30th, there was short interest totaling 5,026 shares, a drop of 83.7% from the June 15th total of 30,826 shares. Currently, 0.2% of the company’s stock are sold short. Based on an average daily trading volume, of 61,671 shares, the short-interest ratio is currently 0.1 days.

VanEck Oil Refiners ETF Price Performance

CRAK traded up $0.46 during trading on Friday, reaching $50.33. The company had a trading volume of 200,768 shares, compared to its average volume of 103,040. The company has a market cap of $158.54 million, a P/E ratio of 13.16 and a beta of 0.53. VanEck Oil Refiners ETF has a 12 month low of $32.77 and a 12 month high of $51.99. The business’s fifty day moving average price is $48.26 and its 200 day moving average price is $45.67.

Hedge Funds Weigh In On VanEck Oil Refiners ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Journey Advisory Group LLC increased its holdings in VanEck Oil Refiners ETF by 135.5% during the 1st quarter. Journey Advisory Group LLC now owns 233,373 shares of the company’s stock worth $11,529,000 after purchasing an additional 134,273 shares in the last quarter. The Manufacturers Life Insurance Company bought a new stake in shares of VanEck Oil Refiners ETF in the first quarter valued at about $1,792,000. GeoWealth Management LLC acquired a new position in shares of VanEck Oil Refiners ETF during the fourth quarter worth about $1,000,000. Equitable Holdings Inc. acquired a new position in shares of VanEck Oil Refiners ETF during the fourth quarter worth about $981,000. Finally, J. Safra Sarasin Holding AG bought a new position in shares of VanEck Oil Refiners ETF during the first quarter worth about $1,077,000.

About VanEck Oil Refiners ETF

(Get Free Report)

The VanEck Oil Refiners ETF (CRAK) is an exchange-traded fund that is based on the MVIS Global Oil Refiners index. The fund tracks a market-cap index of global stocks issued by firms that earn at least 50% of their revenue from oil refining. CRAK was launched on Aug 18, 2015 and is managed by VanEck.