VanEck Morningstar SMID Moat ETF (BATS:SMOT) Shares Shorted: Short Interest Down 83.0% in September

VanEck Morningstar SMID Moat ETF (BATS:SMOT) was the target of a significant decrease in short interest in the month of September. As of September 30th, there was short interest totaling 131 shares, a decrease of 83.0% from the September 15th total of 769 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 15,173 shares, the short-interest ratio is currently 0.0 days.

VanEck Morningstar SMID Moat ETF Stock Up 0.3%

Shares of BATS:SMOT opened at $37.97 on Friday. The firm has a market cap of $422.61 million, a P/E ratio of 17.96 and a beta of 1.28. VanEck Morningstar SMID Moat ETF has a 12-month low of $34.25 and a 12-month high of $41.37. The business has a fifty day simple moving average of $39.61 and a 200 day simple moving average of $38.41.

Hedge Funds Weigh In On VanEck Morningstar SMID Moat ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Great Lakes Advisors LLC increased its position in VanEck Morningstar SMID Moat ETF by 5.7% during the 4th quarter. Great Lakes Advisors LLC now owns 1,134,513 shares of the company’s stock valued at $41,069,000 after purchasing an additional 60,940 shares during the period. Bank of New Hampshire acquired a new position in shares of VanEck Morningstar SMID Moat ETF in the 3rd quarter worth approximately $3,060,000. Piedmont Capital Management LLC bought a new stake in shares of VanEck Morningstar SMID Moat ETF in the 2nd quarter valued at $2,141,000. Gradient Investments LLC boosted its stake in shares of VanEck Morningstar SMID Moat ETF by 4.1% in the 2nd quarter. Gradient Investments LLC now owns 905,457 shares of the company’s stock valued at $35,186,000 after purchasing an additional 35,422 shares during the last quarter. Finally, Ascentis Independent Advisors bought a new stake in shares of VanEck Morningstar SMID Moat ETF in the 1st quarter valued at $2,040,000.

About VanEck Morningstar SMID Moat ETF

The VanEck Morningstar SMID Moat ETF (SMOT) is an exchange-traded fund that mostly invests in extended market equity. The fund tracks an index made up of two equally-weighted sub-portfolios, comprised of small- and mid-cap companies believed to have durable competitive advantages and attractive valuations. SMOT was launched on Oct 4, 2022 and is managed by VanEck.