VanEck Natural Resources ETF (NYSEARCA:HAP) Short Interest Update

VanEck Natural Resources ETF (NYSEARCA:HAP) was the recipient of a significant increase in short interest during the month of July. As of July 15th, there was short interest totaling 16,170 shares, an increase of 140.3% from the June 30th total of 6,728 shares. Approximately 0.4% of the company’s shares are sold short. Based on an average trading volume of 59,688 shares, the short-interest ratio is presently 0.3 days.

Hedge Funds Weigh In On VanEck Natural Resources ETF

Large investors have recently made changes to their positions in the business. Beaumont Financial Advisors LLC bought a new stake in VanEck Natural Resources ETF in the fourth quarter worth $5,456,000. Northbridge Financial Group LLC bought a new position in VanEck Natural Resources ETF in the 4th quarter worth about $463,000. Farther Finance Advisors LLC boosted its stake in VanEck Natural Resources ETF by 42.7% in the 4th quarter. Farther Finance Advisors LLC now owns 4,210 shares of the company’s stock worth $253,000 after purchasing an additional 1,260 shares in the last quarter. Horizon Advisory Services Inc. grew its position in VanEck Natural Resources ETF by 7.4% during the 4th quarter. Horizon Advisory Services Inc. now owns 7,850 shares of the company’s stock valued at $472,000 after purchasing an additional 544 shares during the last quarter. Finally, Global View Capital Management LLC purchased a new stake in VanEck Natural Resources ETF during the 4th quarter valued at about $250,000.

VanEck Natural Resources ETF Trading Down 0.6%

Shares of VanEck Natural Resources ETF stock opened at $70.85 on Tuesday. The company’s fifty day simple moving average is $70.37 and its two-hundred day simple moving average is $70.57. The company has a market cap of $301.11 million, a P/E ratio of 16.60 and a beta of 0.65. VanEck Natural Resources ETF has a 12-month low of $51.98 and a 12-month high of $74.63.

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.