VanEck Morningstar Wide Moat Value ETF (BATS:MVAL) Short Interest Update

VanEck Morningstar Wide Moat Value ETF (BATS:MVAL) was the recipient of a significant decrease in short interest in August. As of August 14th, there was short interest totaling 4 shares, a decrease of 95.8% from the July 30th total of 96 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 225 shares, the short-interest ratio is presently 0.0 days.

Hedge Funds Weigh In On VanEck Morningstar Wide Moat Value ETF

Several large investors have recently made changes to their positions in MVAL. Nan Shan Life Insurance Co. Ltd. purchased a new stake in shares of VanEck Morningstar Wide Moat Value ETF during the second quarter worth about $2,675,000. Proficio Capital Partners LLC bought a new position in VanEck Morningstar Wide Moat Value ETF in the 2nd quarter worth approximately $1,272,000. Finally, Headlands Technologies LLC bought a new position in VanEck Morningstar Wide Moat Value ETF in the 2nd quarter worth approximately $73,000.

VanEck Morningstar Wide Moat Value ETF Price Performance

Shares of MVAL stock traded down $0.23 on Tuesday, hitting $39.97. 31 shares of the stock traded hands, compared to its average volume of 861. VanEck Morningstar Wide Moat Value ETF has a 52 week low of $33.53 and a 52 week high of $40.20. The firm has a 50 day simple moving average of $37.76 and a two-hundred day simple moving average of $37.05. The firm has a market cap of $6.00 million, a price-to-earnings 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.