VanEck Mortgage REIT Income ETF (NYSEARCA:MORT) Sees Large Growth in Short Interest

VanEck Mortgage REIT Income ETF (NYSEARCA:MORT) was the target of a significant increase in short interest in January. As of January 15th, there was short interest totaling 388,515 shares, an increase of 81.7% from the December 31st total of 213,797 shares. Approximately 1.1% of the company’s stock are sold short. Based on an average trading volume of 793,935 shares, the short-interest ratio is presently 0.5 days. Based on an average trading volume of 793,935 shares, the short-interest ratio is presently 0.5 days. Approximately 1.1% of the company’s stock are sold short.

VanEck Mortgage REIT Income ETF Trading Down 4.2%

MORT traded down $0.48 on Friday, hitting $10.82. 4,496,288 shares of the company were exchanged, compared to its average volume of 1,447,819. VanEck Mortgage REIT Income ETF has a twelve month low of $8.81 and a twelve month high of $11.79. The company has a market cap of $376.54 million, a price-to-earnings ratio of 14.67 and a beta of 1.30. The firm has a 50-day moving average price of $10.89 and a two-hundred day moving average price of $10.73.

Institutional Trading of VanEck Mortgage REIT Income ETF

A number of large investors have recently made changes to their positions in the company. Institute for Wealth Management LLC. lifted its stake in VanEck Mortgage REIT Income ETF by 74.7% during the second quarter. Institute for Wealth Management LLC. now owns 25,811 shares of the company’s stock worth $273,000 after purchasing an additional 11,036 shares during the last quarter. Ameritas Advisory Services LLC acquired a new stake in VanEck Mortgage REIT Income ETF during the second quarter worth approximately $26,000. H&H Retirement Design & Management INC lifted its position in shares of VanEck Mortgage REIT Income ETF by 15.3% during the 2nd quarter. H&H Retirement Design & Management INC now owns 109,454 shares of the company’s stock worth $1,143,000 after buying an additional 14,507 shares during the last quarter. Drive Wealth Management LLC boosted its holdings in shares of VanEck Mortgage REIT Income ETF by 8.8% in the 2nd quarter. Drive Wealth Management LLC now owns 344,425 shares of the company’s stock valued at $3,637,000 after buying an additional 27,823 shares in the last quarter. Finally, Envestnet Asset Management Inc. boosted its holdings in shares of 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 buying an additional 3,577 shares in the last quarter.

VanEck Mortgage REIT Income ETF Company Profile

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.