Short Interest in VanEck Morningstar International Moat ETF (BATS:MOTI) Drops By 32.0%

VanEck Morningstar International Moat ETF (BATS:MOTI) was the recipient of a large decrease in short interest during the month of August. As of August 31st, there was short interest totaling 4,940 shares, a decrease of 32.0% from the August 15th total of 7,268 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average trading volume of 3,564 shares, the days-to-cover ratio is presently 1.4 days.

VanEck Morningstar International Moat ETF Stock Performance

Shares of MOTI stock opened at $35.16 on Friday. The stock has a market capitalization of $181.07 million, a price-to-earnings ratio of 19.33 and a beta of 0.74. VanEck Morningstar International Moat ETF has a one year low of $32.66 and a one year high of $39.49. The company’s 50-day simple moving average is $36.04 and its 200-day simple moving average is $35.14.

Institutional Investors Weigh In On VanEck Morningstar International Moat ETF

Several institutional investors and hedge funds have recently made changes to their positions in the company. Leelyn Smith LLC boosted its stake in VanEck Morningstar International Moat ETF by 3.6% during the 1st quarter. Leelyn Smith LLC now owns 9,908 shares of the company’s stock valued at $338,000 after purchasing an additional 345 shares during the period. Rockefeller Capital Management L.P. increased its stake in shares of VanEck Morningstar International Moat ETF by 4.6% in the fourth quarter. Rockefeller Capital Management L.P. now owns 7,922 shares of the company’s stock valued at $291,000 after purchasing an additional 347 shares during the period. Signature Estate & Investment Advisors LLC increased its stake in shares of VanEck Morningstar International Moat ETF by 3.2% in the fourth quarter. Signature Estate & Investment Advisors LLC now owns 15,130 shares of the company’s stock valued at $555,000 after purchasing an additional 472 shares during the period. Whipplewood Advisors LLC raised its holdings in shares of VanEck Morningstar International Moat ETF by 2.7% during the first quarter. Whipplewood Advisors LLC now owns 31,113 shares of the company’s stock valued at $1,063,000 after buying an additional 821 shares during the last quarter. Finally, Integrated Wealth Concepts LLC bought a new stake in shares of VanEck Morningstar International Moat ETF during the second quarter valued at approximately $33,000.

About VanEck Morningstar International Moat ETF

The VanEck Morningstar International Moat ETF (MOTI) is an exchange-traded fund that is based on the Morningstar Global ex-US Moat Focus index. The fund tracks an equal-weighted index of 50 non-US companies that Morningstar deems to have a sustainable competitive advantage and an attractive valuation. MOTI was launched on Jul 14, 2015 and is managed by VanEck.