Short Interest in VanEck Morningstar Wide Moat ETF (BATS:MOAT) Declines By 42.8%

VanEck Morningstar Wide Moat ETF (BATS:MOAT) saw a significant decrease in short interest during the month of June. As of June 30th, there was short interest totaling 95,637 shares, a decrease of 42.8% from the June 15th total of 167,256 shares. Based on an average trading volume of 799,354 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the company’s stock are sold short.

VanEck Morningstar Wide Moat ETF Stock Up 0.3%

Shares of MOAT opened at $106.15 on Thursday. The company has a market cap of $14.33 billion, a price-to-earnings ratio of 22.53 and a beta of 1.02. VanEck Morningstar Wide Moat ETF has a twelve month low of $93.96 and a twelve month high of $108.10. The company has a 50 day moving average of $102.85 and a two-hundred day moving average of $102.75.

Institutional Trading of VanEck Morningstar Wide Moat ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. MBM Wealth Consultants LLC purchased a new position in VanEck Morningstar Wide Moat ETF during the 1st quarter worth $25,000. Mcguire Capital Advisors Inc. acquired a new position in VanEck Morningstar Wide Moat ETF during the 4th quarter valued at about $29,000. First Horizon Corp purchased a new stake in VanEck Morningstar Wide Moat ETF in the fourth quarter valued at about $31,000. Russell Investments Group Ltd. raised its stake in VanEck Morningstar Wide Moat ETF by 60.9% in the fourth quarter. Russell Investments Group Ltd. now owns 296 shares of the company’s stock valued at $31,000 after buying an additional 112 shares during the last quarter. Finally, Empowered Funds LLC purchased a new stake in VanEck Morningstar Wide Moat ETF in the fourth quarter valued at about $32,000.

VanEck Morningstar Wide Moat ETF Company Profile

The VanEck Morningstar Wide Moat ETF (MOAT) is an exchange-traded fund that is based on the Morningstar Wide Moat Focus 20 index. The fund tracks a staggered, equal-weighted index of 40 US companies that Morningstar determines to have the highest fair value among firms with a sustainable competitive advantage. MOAT was launched on Apr 25, 2012 and is managed by VanEck.