VanEck Mortgage REIT Income ETF (NYSEARCA:MORT) Sees Significant Drop in Short Interest

by · The Cerbat Gem

VanEck Mortgage REIT Income ETF (NYSEARCA:MORT – Get Free Report) was the target of a large decline in short interest in the month of February. As of February 13th, there was short interest totaling 107,152 shares, a decline of 36.1% from the January 29th total of 167,816 shares. Based on an average trading volume of 1,809,874 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.3% of the shares of the company are sold short. Currently, 0.3% of the shares of the company are sold short. Based on an average trading volume of 1,809,874 shares, the days-to-cover ratio is presently 0.1 days.

Hedge Funds Weigh In On VanEck Mortgage REIT Income ETF

Hedge funds have recently bought and sold shares of the company. Envestnet Asset Management Inc. boosted its holdings in VanEck Mortgage REIT Income ETF by 5.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 71,710 shares of the company’s stock valued at $757,000 after purchasing an additional 3,577 shares during the period. New England Private Wealth Advisors LLC purchased a new stake in shares of VanEck Mortgage REIT Income ETF in the 2nd quarter valued at about $589,000. Advyzon Investment Management LLC boosted its position in shares of VanEck Mortgage REIT Income ETF by 27.1% during the 2nd quarter. Advyzon Investment Management LLC now owns 33,954 shares of the company’s stock valued at $359,000 after acquiring an additional 7,237 shares during the last quarter. Cetera Investment Advisers grew its holdings in shares of VanEck Mortgage REIT Income ETF by 3.2% during the second quarter. Cetera Investment Advisers now owns 159,058 shares of the company’s stock worth $1,680,000 after purchasing an additional 4,955 shares in the last quarter. Finally, Hillsdale Investment Management Inc. bought a new position in shares of VanEck Mortgage REIT Income ETF in the second quarter worth approximately $154,000.

VanEck Mortgage REIT Income ETF Stock Performance

Shares of NYSEARCA MORT opened at $10.64 on Tuesday. VanEck Mortgage REIT Income ETF has a fifty-two week low of $8.81 and a fifty-two week high of $11.74. The stock has a market cap of $374.07 million, a PE ratio of 14.67 and a beta of 1.30. The stock has a fifty day moving average of $10.87 and a 200-day moving average of $10.76.

About VanEck Mortgage REIT Income ETF

(Get Free Report)

The VanEck Mortgage REIT Income ETF (MORT) is an exchange-traded fund that is based on the MVIS US Mortgage REITs index, a market-cap-weighted index of mortgage REITs. MORT was launched on Aug 16, 2011 and is managed by VanEck.

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