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

VanEck Mortgage REIT Income ETF (NYSEARCA:MORT) was the recipient of a large decrease in short interest during the month of December. As of December 31st, there was short interest totaling 213,797 shares, a decrease of 45.2% from the December 15th total of 390,024 shares. Approximately 0.6% of the shares of the stock are sold short. Based on an average daily volume of 699,902 shares, the days-to-cover ratio is currently 0.3 days. Based on an average daily volume of 699,902 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.6% of the shares of the stock are sold short.

Institutional Investors Weigh In On VanEck Mortgage REIT Income ETF

A number of institutional investors have recently made changes to their positions in the business. Ameritas Advisory Services LLC bought a new position in shares of VanEck Mortgage REIT Income ETF during the 2nd quarter valued at $26,000. Advisory Services Network LLC purchased a new stake in VanEck Mortgage REIT Income ETF during the third quarter valued at about $61,000. Triumph Capital Management purchased a new stake in VanEck Mortgage REIT Income ETF during the third quarter valued at about $107,000. TPG Advisors LLC bought a new position in shares of VanEck Mortgage REIT Income ETF during the third quarter valued at about $111,000. Finally, Jane Street Group LLC purchased a new position in shares of VanEck Mortgage REIT Income ETF in the second quarter worth about $134,000.

VanEck Mortgage REIT Income ETF Stock Performance

NYSEARCA:MORT traded up $0.22 during mid-day trading on Friday, reaching $11.42. The stock had a trading volume of 1,788,744 shares, compared to its average volume of 884,249. The firm has a 50 day moving average price of $10.72 and a two-hundred day moving average price of $10.69. The stock has a market capitalization of $408.27 million, a P/E ratio of 14.67 and a beta of 1.30. VanEck Mortgage REIT Income ETF has a one year low of $8.81 and a one year high of $11.79.

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.