VanEck Retail ETF (NASDAQ:RTH) Short Interest Up 125.2% in July

VanEck Retail ETF (NASDAQ:RTH) was the target of a large increase in short interest in July. As of July 31st, there was short interest totaling 12,166 shares, an increase of 125.2% from the July 15th total of 5,402 shares. Currently, 1.3% of the company’s stock are short sold. Based on an average trading volume of 5,446 shares, the days-to-cover ratio is currently 2.2 days.

VanEck Retail ETF Stock Down 0.1%

Shares of NASDAQ:RTH traded down $0.27 during trading on Friday, hitting $269.28. The stock had a trading volume of 6,941 shares, compared to its average volume of 5,702. The company has a market capitalization of $258.51 million, a PE ratio of 23.92 and a beta of 0.85. The firm’s fifty day moving average is $261.02 and its 200 day moving average is $260.80. VanEck Retail ETF has a 12 month low of $242.88 and a 12 month high of $275.19.

Institutional Trading of VanEck Retail ETF

Hedge funds and other institutional investors have recently modified their holdings of the business. Rockefeller Capital Management L.P. purchased a new position in VanEck Retail ETF during the 4th quarter valued at about $25,000. Steward Partners Investment Advisory LLC increased its stake in shares of VanEck Retail ETF by 31.0% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 165 shares of the company’s stock valued at $41,000 after purchasing an additional 39 shares in the last quarter. Union Savings Bank bought a new position in shares of VanEck Retail ETF during the fourth quarter valued at approximately $50,000. Strive Financial Group LLC purchased a new position in shares of VanEck Retail ETF during the fourth quarter valued at approximately $80,000. Finally, Kestra Advisory Services LLC purchased a new position in shares of VanEck Retail ETF during the fourth quarter valued at approximately $148,000. 25.85% of the stock is owned by hedge funds and other institutional investors.

About VanEck Retail ETF

The VanEck Retail ETF (RTH) is an exchange-traded fund that is based on the MVIS US Listed Retail 25 index, a market-cap-weighted index of the 25 largest US-listed companies that derive most of their revenue from retail. RTH was launched on May 2, 2001 and is managed by VanEck.