VanEck Office and Commercial REIT ETF (NYSEARCA:DESK) Stock Short Interest Report for September

VanEck Office and Commercial REIT ETF (NYSEARCA:DESK) saw a significant decline in short interest in the month of September. As of September 30th, there was short interest totaling 3,070 shares, a decline of 52.2% from the September 15th total of 6,420 shares. Currently, 2.0% of the shares of the company are sold short. Based on an average daily volume of 3,622 shares, the short-interest ratio is currently 0.8 days.

VanEck Office and Commercial REIT ETF Price Performance

NYSEARCA:DESK traded up $0.80 during mid-day trading on Thursday, hitting $37.19. The company’s stock had a trading volume of 172 shares, compared to its average volume of 8,605. VanEck Office and Commercial REIT ETF has a 1 year low of $32.00 and a 1 year high of $43.92. The stock has a market cap of $5.58 million, a price-to-earnings ratio of 35.65 and a beta of 1.14. The business’s fifty day moving average is $39.32 and its two-hundred day moving average is $38.94.

About VanEck Office and Commercial REIT ETF

The VanEck Office and Commercial REIT ETF (DESK) is an exchange-traded fund that mostly invests in real estate equity. The fund tracks a tiered modified market-cap weighted index composed of US-listed Office and Commercial REITs. The fund targets the top 25 highest ranked Office and Commerical REITs based on market cap and liquidity DESK was launched on Sep 19, 2023 and is issued by VanEck.