VanEck Mortgage REIT Income ETF (NYSEARCA:MORT) Short Interest Update

VanEck Mortgage REIT Income ETF (NYSEARCA:MORT) saw a large drop in short interest in the month of December. As of December 31st, there was short interest totaling 213,797 shares, a drop of 45.2% from the December 15th total of 390,024 shares. Based on an average trading volume of 699,902 shares, the short-interest ratio is currently 0.3 days. Approximately 0.6% of the company’s stock are sold short. Approximately 0.6% of the company’s stock are sold short. Based on an average trading volume of 699,902 shares, the short-interest ratio is currently 0.3 days.

VanEck Mortgage REIT Income ETF Trading Up 2.0%

MORT traded up $0.22 during midday trading on Friday, reaching $11.42. The company’s stock had a trading volume of 1,788,744 shares, compared to its average volume of 884,249. The firm has a market capitalization of $408.27 million, a price-to-earnings ratio of 14.67 and a beta of 1.30. VanEck Mortgage REIT Income ETF has a 1 year low of $8.81 and a 1 year high of $11.79. The stock’s 50-day moving average is $10.72 and its 200-day moving average is $10.69.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Ameritas Advisory Services LLC purchased a new position in VanEck Mortgage REIT Income ETF during the second quarter valued at $26,000. Advisory Services Network LLC purchased a new stake in shares of VanEck Mortgage REIT Income ETF in the third quarter worth $61,000. Triumph Capital Management bought a new position in shares of VanEck Mortgage REIT Income ETF during the third quarter valued at $107,000. TPG Advisors LLC bought a new position in shares of VanEck Mortgage REIT Income ETF during the third quarter valued at $111,000. Finally, Jane Street Group LLC purchased a new position in shares of VanEck Mortgage REIT Income ETF in the 2nd quarter worth about $134,000.

VanEck Mortgage REIT Income ETF Company Profile

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.