VanEck Mortgage REIT Income ETF (NYSEARCA:MORT) Short Interest Down 57.4% in August

VanEck Mortgage REIT Income ETF (NYSEARCA:MORT) saw a significant decrease in short interest during the month of August. As of August 14th, there was short interest totaling 284,729 shares, a decrease of 57.4% from the July 30th total of 668,805 shares. Approximately 0.7% of the shares of the company are sold short. Based on an average trading volume of 973,010 shares, the days-to-cover ratio is presently 0.3 days.

VanEck Mortgage REIT Income ETF Trading Down 0.2%

MORT stock traded down $0.02 during trading on Friday, reaching $9.81. The stock had a trading volume of 731,219 shares, compared to its average volume of 1,264,750. VanEck Mortgage REIT Income ETF has a 52 week low of $9.59 and a 52 week high of $11.44. The stock’s 50 day moving average is $9.91 and its two-hundred day moving average is $10.17. The firm has a market cap of $381.61 million, a PE ratio of 14.67 and a beta of 1.17.

Institutional Investors Weigh In On VanEck Mortgage REIT Income ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. Kestra Advisory Services LLC purchased a new position in shares of VanEck Mortgage REIT Income ETF in the fourth quarter worth approximately $33,000. Advisory Services Network LLC bought a new stake in VanEck Mortgage REIT Income ETF during the third quarter valued at approximately $61,000. Phoenix Financial Ltd. purchased a new stake in VanEck Mortgage REIT Income ETF during the fourth quarter valued at approximately $70,000. Triumph Capital Management increased its holdings in VanEck Mortgage REIT Income ETF by 12.9% during the second quarter. Triumph Capital Management now owns 9,643 shares of the company’s stock valued at $100,000 after buying an additional 1,100 shares during the last quarter. Finally, Fifth Third Bancorp bought a new position in VanEck Mortgage REIT Income ETF in the first quarter worth approximately $110,000.

About VanEck Mortgage REIT Income ETF

The VanEck Mortgage REIT Income ETF (MORT) is an exchange-traded fund that is based on the MVIS US Mortgage REITs index, a market-cap-weighted index of mortgage REITs. MORT was launched on Aug 16, 2011 and is managed by VanEck.