VanEck Morningstar Wide Moat Value ETF (BATS:MVAL) Short Interest Up 190.9% in July

VanEck Morningstar Wide Moat Value ETF (BATS:MVAL) was the recipient of a large increase in short interest during the month of July. As of July 31st, there was short interest totaling 96 shares, an increase of 190.9% from the July 15th total of 33 shares. Based on an average trading volume of 212 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.1% of the company’s stock are sold short.

VanEck Morningstar Wide Moat Value ETF Stock Down 0.3%

Shares of MVAL opened at $39.51 on Friday. The stock has a market capitalization of $5.93 million, a P/E ratio of 18.54 and a beta of 0.76. VanEck Morningstar Wide Moat Value ETF has a twelve month low of $33.53 and a twelve month high of $39.67. The company has a 50 day moving average of $37.36 and a 200-day moving average of $36.99.

VanEck Morningstar Wide Moat Value ETF Company Profile

The VanEck Morningstar Wide Moat Value ETF (MVAL) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a modified equal-weighted index of 30 to 60 value-oriented US stocks that Morningstar determines to be attractively priced and have sustainable competitive advantages. MVAL was launched on Mar 26, 2024 and is issued by VanEck.