Short Interest in VanEck Morningstar Wide Moat Value ETF (BATS:MVAL) Declines By 94.7%

VanEck Morningstar Wide Moat Value ETF (BATS:MVAL) was the target of a large drop in short interest in April. As of April 30th, there was short interest totaling 5 shares, a drop of 94.7% from the April 15th total of 94 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 617 shares, the short-interest ratio is currently 0.0 days.

VanEck Morningstar Wide Moat Value ETF Price Performance

BATS:MVAL traded down $0.55 during mid-day trading on Monday, reaching $35.31. The stock had a trading volume of 93 shares, compared to its average volume of 1,097. VanEck Morningstar Wide Moat Value ETF has a 12 month low of $30.82 and a 12 month high of $39.60. The stock has a market capitalization of $5.30 million, a PE ratio of 18.54 and a beta of 0.76. The stock has a 50-day simple moving average of $36.47 and a two-hundred day simple moving average of $36.74.

About VanEck Morningstar Wide Moat Value ETF

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.