VanEck Durable High Dividend ETF (BATS:DURA) Sees Large Growth in Short Interest

VanEck Durable High Dividend ETF (BATS:DURA) was the recipient of a large growth in short interest in the month of May. As of May 29th, there was short interest totaling 507 shares, a growth of 83.0% from the May 14th total of 277 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 2,579 shares, the short-interest ratio is currently 0.2 days.

Institutional Trading of VanEck Durable High Dividend ETF

Several institutional investors and hedge funds have recently modified their holdings of the company. Bank of America Corp DE raised its position in shares of VanEck Durable High Dividend ETF by 7.1% during the 3rd quarter. Bank of America Corp DE now owns 251,195 shares of the company’s stock valued at $8,521,000 after purchasing an additional 16,577 shares during the period. Envestnet Asset Management Inc. raised its position in shares of VanEck Durable High Dividend ETF by 2.0% during the 3rd quarter. Envestnet Asset Management Inc. now owns 92,651 shares of the company’s stock valued at $3,143,000 after purchasing an additional 1,784 shares during the period. Royal Bank of Canada raised its position in shares of 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 purchasing an additional 1,675 shares during the period. Virtu Financial LLC bought a new stake in shares of VanEck Durable High Dividend ETF during the 3rd quarter valued at $886,000. Finally, Osaic Holdings Inc. raised its position in shares of VanEck Durable High Dividend ETF by 7.5% during the 2nd quarter. Osaic Holdings Inc. now owns 21,463 shares of the company’s stock valued at $701,000 after purchasing an additional 1,492 shares during the period.

VanEck Durable High Dividend ETF Price Performance

Shares of DURA stock opened at $38.16 on Monday. The company has a market capitalization of $51.52 million, a price-to-earnings ratio of 15.63 and a beta of 0.64. VanEck Durable High Dividend ETF has a one year low of $31.35 and a one year high of $38.70. The company’s fifty day moving average price is $37.48 and its 200-day moving average price is $36.44.

VanEck Durable High Dividend ETF Company Profile

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.