VanEck Morningstar Wide Moat ETF (BATS:MOAT – Get Free Report) saw a large increase in short interest in the month of October. As of October 15th, there was short interest totaling 187,992 shares, an increase of 159.6% from the September 30th total of 72,412 shares. Based on an average trading volume of 363,506 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.1% of the company’s shares are sold short.
Institutional Inflows and Outflows
A number of hedge funds have recently made changes to their positions in MOAT. Tompkins Financial Corp acquired a new position in shares of VanEck Morningstar Wide Moat ETF during the third quarter valued at about $3,623,000. Financial Solutions Advisory Group Inc. purchased a new position in shares of VanEck Morningstar Wide Moat ETF in the 1st quarter valued at approximately $10,762,000. Money Concepts Capital Corp purchased a new position in shares of VanEck Morningstar Wide Moat ETF in the 1st quarter valued at approximately $3,818,000. Lotus Asset Management LLC acquired a new stake in VanEck Morningstar Wide Moat ETF in the 2nd quarter worth approximately $551,000. Finally, Winebrenner Capital Management LLC purchased a new stake in VanEck Morningstar Wide Moat ETF during the 3rd quarter worth approximately $1,242,000.
VanEck Morningstar Wide Moat ETF Stock Down 0.0%
MOAT stock opened at $112.38 on Friday. The business’s fifty day simple moving average is $110.22 and its two-hundred day simple moving average is $105.35. VanEck Morningstar Wide Moat ETF has a twelve month low of $94.07 and a twelve month high of $115.58. The firm has a market cap of $15.17 billion, a price-to-earnings ratio of 22.53 and a beta of 1.02.
About VanEck Morningstar Wide Moat ETF
The VanEck Morningstar Wide Moat ETF (MOAT) is an exchange-traded fund that is based on the Morningstar Wide Moat Focus 20 index. The fund tracks a staggered, equal-weighted index of 40 US companies that Morningstar determines to have the highest fair value among firms with a sustainable competitive advantage. MOAT was launched on Apr 25, 2012 and is managed by VanEck.
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