Short Interest in VanEck Durable High Dividend ETF (BATS:DURA) Drops By 68.4%

VanEck Durable High Dividend ETF (BATS:DURA) was the target of a large decrease in short interest in August. As of August 14th, there was short interest totaling 204 shares, a decrease of 68.4% from the July 30th total of 646 shares. Based on an average daily trading volume, of 4,649 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are sold short.

VanEck Durable High Dividend ETF Stock Up 0.2%

BATS:DURA opened at $39.76 on Friday. The business’s 50-day simple moving average is $38.53 and its two-hundred day simple moving average is $37.88. The stock has a market cap of $53.68 million, a PE ratio of 15.63 and a beta of 0.64. VanEck Durable High Dividend ETF has a 52 week low of $31.35 and a 52 week high of $40.35.

Hedge Funds Weigh In On VanEck Durable High Dividend ETF

A number of hedge funds and other institutional investors have recently modified their holdings of DURA. Royal Bank of Canada increased its holdings in VanEck Durable High Dividend ETF by 2.8% in 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. Cornerstone Wealth Group LLC bought a new position in shares of VanEck Durable High Dividend ETF during the 1st quarter valued at about $234,000. Jane Street Group LLC purchased a new stake in shares of VanEck Durable High Dividend ETF in the fourth quarter worth about $391,000. Concurrent Investment Advisors LLC bought a new position in VanEck Durable High Dividend ETF during the fourth quarter valued at approximately $239,000. Finally, Citadel Advisors LLC grew its holdings in VanEck Durable High Dividend ETF by 48.6% during the 3rd quarter. Citadel Advisors LLC now owns 19,566 shares of the company’s stock valued at $664,000 after buying an additional 6,397 shares in the last quarter.

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.