VanEck Morningstar Wide Moat Value ETF (BATS:MVAL) Sees Significant Increase in Short Interest

VanEck Morningstar Wide Moat Value ETF (BATS:MVAL) was the target of a large increase in short interest during the month of July. As of July 31st, there was short interest totaling 96 shares, an increase of 190.9% from the July 15th total of 33 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average trading volume of 212 shares, the short-interest ratio is currently 0.5 days.

VanEck Morningstar Wide Moat Value ETF Stock Performance

MVAL opened at $39.30 on Thursday. The business has a 50 day moving average price of $37.22 and a 200 day moving average price of $36.96. VanEck Morningstar Wide Moat Value ETF has a twelve month low of $33.53 and a twelve month high of $39.60. The firm has a market cap of $5.89 million, a P/E ratio of 18.54 and a beta of 0.76.

About VanEck Morningstar Wide Moat Value ETF

The VanEck Morningstar Wide Moat Value ETF (MVAL) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a modified equal-weighted index of 30 to 60 value-oriented US stocks that Morningstar determines to be attractively priced and have sustainable competitive advantages. MVAL was launched on Mar 26, 2024 and is issued by VanEck.