VanEck Natural Resources ETF (NYSEARCA:HAP) Shares Shorted: Short Interest Up 807.7% in September

VanEck Natural Resources ETF (NYSEARCA:HAP – Get Free Report) was the recipient of a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 76,076 shares, a growth of 807.7% from the August 31st total of 8,381 shares. Currently, 1.7% of the shares of the company are short sold. Based on an average daily trading volume, of 48,420 shares, the short-interest ratio is presently 1.6 days.

VanEck Natural Resources ETF Price Performance

VanEck Natural Resources ETF stock traded down $0.29 during mid-day trading on Friday, reaching $74.45. 15,737 shares of the company were exchanged, compared to its average volume of 33,073. The firm has a market cap of $335.02 million, a PE ratio of 16.60 and a beta of 0.66. The company has a fifty day simple moving average of $74.53 and a 200-day simple moving average of $72.46. VanEck Natural Resources ETF has a 12 month low of $56.04 and a 12 month high of $79.33.

Institutional Trading of VanEck Natural Resources ETF

Several large investors have recently bought and sold shares of HAP. IFP Advisors Inc acquired a new position in VanEck Natural Resources ETF during the fourth quarter worth about $32,000. Ascentis Independent Advisors bought a new stake in shares of VanEck Natural Resources ETF during the 1st quarter valued at approximately $101,000. Peterson Wealth Services increased its position in VanEck Natural Resources ETF by 253.8% during the 4th quarter. Peterson Wealth Services now owns 2,742 shares of the company’s stock worth $165,000 after purchasing an additional 1,967 shares in the last quarter. Tucker Asset Management LLC increased its position in VanEck Natural Resources ETF by 305.3% during the 2nd quarter. Tucker Asset Management LLC now owns 2,805 shares of the company’s stock worth $192,000 after purchasing an additional 2,113 shares in the last quarter. Finally, Castleview Partners LLC bought a new position in VanEck Natural Resources ETF in the 1st quarter valued at approximately $209,000.

VanEck Natural Resources ETF Company Profile

(Get Free Report)

The VanEck Natural Resources ETF (HAP) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a consumption-based index of global hard asset firms. HAP was launched on Aug 29, 2008 and is managed by VanEck.

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