VanEck Durable High Dividend ETF (BATS:DURA) Stock Short Interest Climbs 99.1%

VanEck Durable High Dividend ETF (BATS:DURA) was the target of a significant increase in short interest during the month of September. As of September 15th, there was short interest totaling 231 shares, an increase of 99.1% from the August 31st total of 116 shares. Based on an average trading volume of 1,360 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.0% of the company’s stock are sold short.

Institutional Trading of VanEck Durable High Dividend ETF

Hedge funds have recently made changes to their positions in the stock. Envestnet Asset Management Inc. increased its stake in shares of VanEck Durable High Dividend ETF by 0.9% in the second quarter. Envestnet Asset Management Inc. now owns 94,061 shares of the company’s stock worth $3,494,000 after buying an additional 805 shares during the last quarter. Royal Bank of Canada boosted its stake in VanEck Durable High Dividend ETF by 2.8% during the 1st quarter. Royal Bank of Canada now owns 61,561 shares of the company’s stock valued at $2,304,000 after acquiring an additional 1,675 shares during the last quarter. Citadel Advisors LLC bought a new position in VanEck Durable High Dividend ETF during the 2nd quarter valued at $375,000. Finally, Cornerstone Wealth Group LLC acquired a new position in VanEck Durable High Dividend ETF during the 1st quarter worth $234,000.

VanEck Durable High Dividend ETF Stock Performance

BATS:DURA opened at $38.22 on Thursday. VanEck Durable High Dividend ETF has a one year low of $31.35 and a one year high of $40.35. The business’s 50-day simple moving average is $39.22 and its 200 day simple moving average is $38.09. The stock has a market cap of $51.60 million, a price-to-earnings ratio of 15.63 and a beta of 0.64.

About VanEck Durable High Dividend ETF

The VanEck Morningstar Durable Dividend ETF (DURA) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a dividend-weighted index of US firms that are screened for dividend yield, financial health, and valuation. DURA was launched on Oct 30, 2018 and is managed by VanEck.