VanEck Retail ETF (NASDAQ:RTH) Short Interest Update

VanEck Retail ETF (NASDAQ:RTH) saw a large decline in short interest during the month of June. As of June 30th, there was short interest totaling 4,964 shares, a decline of 57.6% from the June 15th total of 11,700 shares. Currently, 0.5% of the shares of the company are sold short. Based on an average daily volume of 5,268 shares, the short-interest ratio is presently 0.9 days.

VanEck Retail ETF Trading Down 0.7%

Shares of NASDAQ:RTH traded down $1.81 during trading on Tuesday, reaching $257.24. 3,395 shares of the stock were exchanged, compared to its average volume of 5,621. The firm has a market cap of $249.52 million, a PE ratio of 23.92 and a beta of 0.85. VanEck Retail ETF has a 12 month low of $236.24 and a 12 month high of $271.99. The stock has a 50-day moving average price of $259.79 and a 200-day moving average price of $259.62.

Institutional Trading of VanEck Retail ETF

Large investors have recently modified their holdings of the stock. Royal Bank of Canada lifted its position in VanEck Retail ETF by 24.4% during the first quarter. Royal Bank of Canada now owns 1,694 shares of the company’s stock worth $382,000 after purchasing an additional 332 shares during the period. Raymond James Financial Inc. increased its holdings in VanEck Retail ETF by 12.7% in the 2nd quarter. Raymond James Financial Inc. now owns 1,938 shares of the company’s stock valued at $463,000 after buying an additional 218 shares during the period. Ausdal Financial Partners Inc. acquired a new position in shares of VanEck Retail ETF in the 2nd quarter valued at approximately $235,000. Jane Street Group LLC acquired a new position in shares of VanEck Retail ETF in the 2nd quarter valued at approximately $834,000. Finally, Modern Wealth Management LLC lifted its holdings in shares of VanEck Retail ETF by 2.3% during the 2nd quarter. Modern Wealth Management LLC now owns 7,717 shares of the company’s stock worth $1,842,000 after acquiring an additional 175 shares during the period. 25.85% of the stock is owned by institutional investors and hedge funds.

About VanEck Retail ETF

The VanEck Retail ETF (RTH) is an exchange-traded fund that is based on the MVIS US Listed Retail 25 index, a market-cap-weighted index of the 25 largest US-listed companies that derive most of their revenue from retail. RTH was launched on May 2, 2001 and is managed by VanEck.