VanEck Durable High Dividend ETF (BATS:DURA) Sees Large Drop in Short Interest

VanEck Durable High Dividend ETF (BATS:DURA) was the recipient of a significant drop in short interest in the month of August. As of August 14th, there was short interest totaling 204 shares, a drop of 68.4% from the July 30th total of 646 shares. Based on an average daily trading volume, of 4,649 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company’s shares are short sold.

Institutional Investors Weigh In On VanEck Durable High Dividend ETF

Several institutional investors and hedge funds have recently made changes to their positions in DURA. Cornerstone Wealth Group LLC acquired a new stake in shares of VanEck Durable High Dividend ETF during the 1st quarter worth approximately $234,000. Concurrent Investment Advisors LLC acquired a new stake in VanEck Durable High Dividend ETF in the fourth quarter worth $239,000. B. Riley Wealth Advisors Inc. bought a new stake in VanEck Durable High Dividend ETF in the second quarter valued at $380,000. Jane Street Group LLC bought a new stake in VanEck Durable High Dividend ETF in the fourth quarter valued at $391,000. Finally, Tower Research Capital LLC TRC boosted its holdings in shares of VanEck Durable High Dividend ETF by 3.8% during the third quarter. Tower Research Capital LLC TRC now owns 16,758 shares of the company’s stock valued at $568,000 after acquiring an additional 612 shares during the period.

VanEck Durable High Dividend ETF Stock Performance

DURA stock opened at $40.08 on Thursday. VanEck Durable High Dividend ETF has a 1 year low of $31.35 and a 1 year high of $40.35. The firm has a market cap of $54.11 million, a P/E ratio of 15.63 and a beta of 0.64. The stock has a 50-day simple moving average of $38.43 and a 200-day simple moving average of $37.86.

VanEck Durable High Dividend ETF Company Profile

The VanEck Morningstar Durable Dividend ETF (DURA) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a dividend-weighted index of US firms that are screened for dividend yield, financial health, and valuation. DURA was launched on Oct 30, 2018 and is managed by VanEck.