VanEck Morningstar Wide Moat Value ETF (BATS:MVAL) Short Interest Update

VanEck Morningstar Wide Moat Value ETF (BATS:MVAL) saw a large decline in short interest during the month of August. As of August 14th, there was short interest totaling 4 shares, a decline of 95.8% from the July 30th total of 96 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 225 shares, the short-interest ratio is presently 0.0 days.

Hedge Funds Weigh In On VanEck Morningstar Wide Moat Value ETF

Hedge funds have recently added to or reduced their stakes in the stock. Nan Shan Life Insurance Co. Ltd. acquired a new stake in shares of VanEck Morningstar Wide Moat Value ETF in the 2nd quarter valued at approximately $2,675,000. Proficio Capital Partners LLC acquired a new stake in VanEck Morningstar Wide Moat Value ETF in the second quarter worth $1,272,000. Finally, Headlands Technologies LLC bought a new position in shares of VanEck Morningstar Wide Moat Value ETF during the second quarter worth $73,000.

VanEck Morningstar Wide Moat Value ETF Price Performance

MVAL stock opened at $39.87 on Thursday. VanEck Morningstar Wide Moat Value ETF has a twelve month low of $33.53 and a twelve month high of $40.20. The company has a market cap of $5.98 million, a P/E ratio of 18.54 and a beta of 0.76. The business’s fifty day moving average is $37.91 and its 200-day moving average is $37.07.

About VanEck Morningstar Wide Moat Value ETF

The VanEck Morningstar Wide Moat Value ETF (MVAL) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a modified equal-weighted index of 30 to 60 value-oriented US stocks that Morningstar determines to be attractively priced and have sustainable competitive advantages. MVAL was launched on Mar 26, 2024 and is issued by VanEck.