VanEck Morningstar International Moat ETF (BATS:MOTI) Sees Large Increase in Short Interest

VanEck Morningstar International Moat ETF (BATS:MOTI) was the recipient of a significant increase in short interest in June. As of June 15th, there was short interest totaling 22,342 shares, an increase of 108.8% from the May 31st total of 10,702 shares. Currently, 0.4% of the company’s stock are short sold. Based on an average daily volume of 22,483 shares, the short-interest ratio is presently 1.0 days.

VanEck Morningstar International Moat ETF Price Performance

VanEck Morningstar International Moat ETF stock opened at $33.25 on Wednesday. VanEck Morningstar International Moat ETF has a 1-year low of $32.66 and a 1-year high of $39.49. The stock has a market cap of $171.24 million, a PE ratio of 19.33 and a beta of 0.74. The stock’s fifty day moving average is $34.46 and its two-hundred day moving average is $35.96.

Institutional Investors Weigh In On VanEck Morningstar International Moat ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Royal Bank of Canada lifted its stake in VanEck Morningstar International Moat ETF by 3.1% during the first quarter. Royal Bank of Canada now owns 190,327 shares of the company’s stock worth $6,333,000 after purchasing an additional 5,656 shares during the last quarter. NewEdge Advisors LLC purchased a new position in VanEck Morningstar International Moat ETF in the first quarter valued at approximately $67,000. Jones Financial Companies Lllp acquired a new stake in VanEck Morningstar International Moat ETF during the first quarter worth approximately $58,000. JPMorgan Chase & Co. boosted its holdings in shares of VanEck Morningstar International Moat ETF by 9.2% in the 2nd quarter. JPMorgan Chase & Co. now owns 33,513 shares of the company’s stock valued at $1,162,000 after buying an additional 2,812 shares in the last quarter. Finally, Jane Street Group LLC grew its position in shares of VanEck Morningstar International Moat ETF by 199.8% in the 2nd quarter. Jane Street Group LLC now owns 30,226 shares of the company’s stock valued at $1,048,000 after buying an additional 20,143 shares during the last quarter.

VanEck Morningstar International Moat ETF Company Profile

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.