VanEck Morningstar International Moat ETF (BATS:MOTI) Short Interest Update

VanEck Morningstar International Moat ETF (BATS:MOTI) was the recipient of a significant drop in short interest in July. As of July 15th, there was short interest totaling 8,027 shares, a drop of 62.9% from the June 30th total of 21,650 shares. Based on an average daily volume of 6,486 shares, the days-to-cover ratio is presently 1.2 days. Currently, 0.2% of the shares of the stock are sold short.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the business. Royal Bank of Canada increased its stake in VanEck Morningstar International Moat ETF by 3.1% in 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 period. NewEdge Advisors LLC bought a new position in shares of VanEck Morningstar International Moat ETF during the 1st quarter worth approximately $67,000. Jones Financial Companies Lllp purchased a new stake in shares of VanEck Morningstar International Moat ETF during the 1st quarter valued at $58,000. JPMorgan Chase & Co. raised its stake in VanEck Morningstar International Moat ETF by 9.2% in the second 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 during the last quarter. Finally, Jane Street Group LLC raised 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 purchasing an additional 20,143 shares during the last quarter.

VanEck Morningstar International Moat ETF Stock Performance

Shares of BATS MOTI opened at $34.21 on Monday. The stock has a market capitalization of $176.18 million, a price-to-earnings ratio of 19.33 and a beta of 0.74. VanEck Morningstar International Moat ETF has a 12-month low of $32.66 and a 12-month high of $39.49. The firm’s 50-day moving average price is $34.14 and its 200-day moving average price is $35.62.

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.