VanEck Mortgage REIT Income ETF (NYSEARCA:MORT) Short Interest Up 26.9% in July

VanEck Mortgage REIT Income ETF (NYSEARCA:MORT) saw a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 700,100 shares, agrowthof26.9% from the July 15th total of 551,600 shares. Approximately2.4% of the shares of the company are short sold. Based on an average daily volume of 593,600 shares, the short-interest ratio is presently 1.2 days. Based on an average daily volume of 593,600 shares, the short-interest ratio is presently 1.2 days. Approximately2.4% of the shares of the company are short sold.

VanEck Mortgage REIT Income ETF Stock Performance

Shares of NYSEARCA:MORT opened at $10.96 on Friday. The stock has a market capitalization of $316.74 million, a price-to-earnings ratio of 14.67 and a beta of 1.51. VanEck Mortgage REIT Income ETF has a 1-year low of $8.81 and a 1-year high of $12.36. The company’s fifty day moving average is $10.58 and its two-hundred day moving average is $10.62.

Institutional Trading of VanEck Mortgage REIT Income ETF

A number of large investors have recently modified their holdings of MORT. AXS Investments LLC acquired a new stake in shares of VanEck Mortgage REIT Income ETF in the 1st quarter worth about $6,327,000. LPL Financial LLC increased its holdings in shares of VanEck Mortgage REIT Income ETF by 52.1% in the 1st quarter. LPL Financial LLC now owns 1,366,939 shares of the company’s stock worth $15,269,000 after acquiring an additional 468,470 shares during the period. Ashton Thomas Private Wealth LLC acquired a new stake in shares of VanEck Mortgage REIT Income ETF in the 2nd quarter worth about $2,637,000. Tower Research Capital LLC TRC increased its holdings in shares of VanEck Mortgage REIT Income ETF by 2,318.7% in the 2nd quarter. Tower Research Capital LLC TRC now owns 141,327 shares of the company’s stock worth $1,492,000 after acquiring an additional 135,484 shares during the period. Finally, Bank of America Corp DE increased its holdings in shares of VanEck Mortgage REIT Income ETF by 15.4% in the 2nd quarter. Bank of America Corp DE now owns 549,788 shares of the company’s stock worth $5,806,000 after acquiring an additional 73,543 shares during the period.

About VanEck Mortgage REIT Income ETF

The VanEck Mortgage REIT Income ETF (MORT) is an exchange-traded fund that is based on the MVIS US Mortgage REITs index, a market-cap-weighted index of mortgage REITs. MORT was launched on Aug 16, 2011 and is managed by VanEck.