VanEck Mortgage REIT Income ETF (NYSEARCA:MORT) Short Interest Update

VanEck Mortgage REIT Income ETF (NYSEARCA:MORT) saw a large growth in short interest in August. As of August 31st, there was short interest totaling 797,218 shares, a growth of 180.0% from the August 15th total of 284,729 shares. Approximately 2.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 845,086 shares, the days-to-cover ratio is presently 0.9 days.

Institutional Investors Weigh In On VanEck Mortgage REIT Income ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Bank of America Corp DE grew its position in VanEck Mortgage REIT Income ETF by 266.8% in the first quarter. Bank of America Corp DE now owns 2,355,913 shares of the company’s stock valued at $24,172,000 after acquiring an additional 1,713,570 shares during the last quarter. HighTower Advisors LLC bought a new position in shares of VanEck Mortgage REIT Income ETF in the fourth quarter worth about $13,388,000. Cetera Investment Advisers boosted its stake in shares of VanEck Mortgage REIT Income ETF by 14.0% in the 1st quarter. Cetera Investment Advisers now owns 285,155 shares of the company’s stock valued at $2,926,000 after purchasing an additional 35,011 shares in the last quarter. One Wealth Map LLC boosted its stake in shares of VanEck Mortgage REIT Income ETF by 24.1% in the 1st quarter. One Wealth Map LLC now owns 121,850 shares of the company’s stock valued at $1,295,000 after purchasing an additional 23,677 shares in the last quarter. Finally, Elevation Point Wealth Partners LLC bought a new stake in shares of VanEck Mortgage REIT Income ETF during the 1st quarter valued at approximately $659,000.

VanEck Mortgage REIT Income ETF Trading Down 0.6%

Shares of VanEck Mortgage REIT Income ETF stock opened at $9.29 on Tuesday. The company has a market cap of $361.38 million, a PE ratio of 14.67 and a beta of 1.16. The company has a 50 day moving average of $9.81 and a 200-day moving average of $10.08. VanEck Mortgage REIT Income ETF has a 1-year low of $9.25 and a 1-year high of $11.44.

VanEck Mortgage REIT Income ETF Company Profile

The VanEck Mortgage REIT Income ETF (MORT) is an exchange-traded fund that is based on the MVIS US Mortgage REITs index, a market-cap-weighted index of mortgage REITs. MORT was launched on Aug 16, 2011 and is managed by VanEck.