VanEck Natural Resources ETF (NYSEARCA:HAP) Stock Short Interest Falls 97.6%

VanEck Natural Resources ETF (NYSEARCA:HAP) was the target of a large decline in short interest during the month of September. As of September 30th, there was short interest totaling 1,843 shares, a decline of 97.6% from the September 15th total of 76,076 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 14,558 shares, the short-interest ratio is presently 0.1 days.

VanEck Natural Resources ETF Trading Up 0.4%

VanEck Natural Resources ETF stock traded up $0.28 during trading hours on Friday, reaching $74.20. 9,075 shares of the company were exchanged, compared to its average volume of 32,816. VanEck Natural Resources ETF has a 12 month low of $56.04 and a 12 month high of $79.33. The stock has a 50-day moving average of $75.21 and a 200 day moving average of $72.69. The firm has a market cap of $333.90 million, a price-to-earnings ratio of 16.60 and a beta of 0.68.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. IFP Advisors Inc lifted its position in VanEck Natural Resources ETF by 33.9% during the 2nd quarter. IFP Advisors Inc now owns 1,399 shares of the company’s stock worth $96,000 after acquiring an additional 354 shares during the last quarter. Tucker Asset Management LLC grew its position in shares of VanEck Natural Resources ETF by 305.3% in the second quarter. Tucker Asset Management LLC now owns 2,805 shares of the company’s stock valued at $192,000 after purchasing an additional 2,113 shares during the last quarter. Bank of America Corp DE grew its position in shares of VanEck Natural Resources ETF by 158.6% in the first quarter. Bank of America Corp DE now owns 47,754 shares of the company’s stock valued at $3,461,000 after purchasing an additional 29,285 shares during the last quarter. Royal Bank of Canada grew its position in shares of VanEck Natural Resources ETF by 47.0% in the first quarter. Royal Bank of Canada now owns 17,741 shares of the company’s stock valued at $1,286,000 after purchasing an additional 5,669 shares during the last quarter. Finally, Beaumont Financial Advisors LLC increased its stake in shares of VanEck Natural Resources ETF by 44.0% in the first quarter. Beaumont Financial Advisors LLC now owns 130,627 shares of the company’s stock worth $9,467,000 after purchasing an additional 39,897 shares during the period.

VanEck Natural Resources ETF Company Profile

The VanEck Natural Resources ETF (HAP) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a consumption-based index of global hard asset firms. HAP was launched on Aug 29, 2008 and is managed by VanEck.