VanEck Real Assets ETF (NYSEARCA:RAAX) Stock Short Interest Jumps 101.1%

VanEck Real Assets ETF (NYSEARCA:RAAX) was the target of a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 25,474 shares, a growth of 101.1% from the August 31st total of 12,670 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily volume of 278,634 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of RAAX. Bay Colony Advisory Group Inc d b a Bay Colony Advisors increased its position in VanEck Real Assets ETF by 0.4% during the second quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 118,067 shares of the company’s stock worth $4,684,000 after purchasing an additional 412 shares during the last quarter. Etesian Wealth Advisors Inc. boosted its holdings in VanEck Real Assets ETF by 10.4% in the 1st quarter. Etesian Wealth Advisors Inc. now owns 7,135 shares of the company’s stock valued at $290,000 after purchasing an additional 671 shares during the last quarter. Wealthcare Advisory Partners LLC boosted its holdings in VanEck Real Assets ETF by 1.6% in the 2nd quarter. Wealthcare Advisory Partners LLC now owns 47,537 shares of the company’s stock valued at $1,886,000 after purchasing an additional 771 shares during the last quarter. Realta Investment Advisors grew its stake in shares of VanEck Real Assets ETF by 16.4% in the 1st quarter. Realta Investment Advisors now owns 7,800 shares of the company’s stock valued at $318,000 after buying an additional 1,100 shares during the period. Finally, Kraematon Investment Advisors Inc. grew its stake in shares of VanEck Real Assets ETF by 12.2% in the 2nd quarter. Kraematon Investment Advisors Inc. now owns 11,741 shares of the company’s stock valued at $466,000 after buying an additional 1,275 shares during the period.

VanEck Real Assets ETF Stock Performance

Shares of RAAX traded down $0.03 during trading hours on Tuesday, hitting $39.89. The stock had a trading volume of 232,063 shares, compared to its average volume of 277,285. The firm has a 50-day moving average price of $40.89 and a 200 day moving average price of $40.82. VanEck Real Assets ETF has a fifty-two week low of $33.96 and a fifty-two week high of $42.75. The firm has a market capitalization of $1.34 billion, a price-to-earnings ratio of 22.21 and a beta of 0.56.

VanEck Real Assets ETF Company Profile

The VanEck Inflation Allocation ETF (RAAX) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund of funds that seeks to maximize long-term real returns. It invests in ETPs with exposure to real assets, such as real estate, commodities, natural resources, or infrastructure, and may hold up to 100% cash or equivalents. RAAX was launched on Apr 9, 2018 and is managed by VanEck.