VanEck Morningstar International Moat ETF (BATS:MOTI) Sees Large Increase in Short Interest

VanEck Morningstar International Moat ETF (BATS:MOTI) was the target of a large increase in short interest in June. As of June 15th, there was short interest totaling 22,342 shares, an increase of 108.8% from the May 31st total of 10,702 shares. Based on an average trading volume of 22,483 shares, the short-interest ratio is currently 1.0 days. Approximately 0.4% of the shares of the stock are short sold.

VanEck Morningstar International Moat ETF Price Performance

VanEck Morningstar International Moat ETF stock opened at $33.22 on Tuesday. The stock has a fifty day moving average price of $34.54 and a two-hundred day moving average price of $36.00. VanEck Morningstar International Moat ETF has a 52-week low of $32.66 and a 52-week high of $39.49. The firm has a market capitalization of $171.08 million, a P/E ratio of 19.33 and a beta of 0.74.

Hedge Funds Weigh In On VanEck Morningstar International Moat ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. RiverFront Investment Group LLC grew its holdings in shares of VanEck Morningstar International Moat ETF by 4.3% during the fourth quarter. RiverFront Investment Group LLC now owns 975,633 shares of the company’s stock worth $35,786,000 after purchasing an additional 40,512 shares during the last quarter. LPL Financial LLC lifted its position in VanEck Morningstar International Moat ETF by 9.4% during the 4th quarter. LPL Financial LLC now owns 267,817 shares of the company’s stock worth $9,824,000 after buying an additional 23,049 shares in the last quarter. Royal Bank of Canada grew its holdings in VanEck Morningstar International Moat ETF by 3.1% during the 1st quarter. Royal Bank of Canada now owns 190,327 shares of the company’s stock worth $6,333,000 after acquiring an additional 5,656 shares during the last quarter. Janney Montgomery Scott LLC grew its holdings in VanEck Morningstar International Moat ETF by 2.7% during the 1st quarter. Janney Montgomery Scott LLC now owns 110,871 shares of the company’s stock worth $3,786,000 after acquiring an additional 2,967 shares during the last quarter. Finally, Turning Point Benefit Group Inc. increased its position in VanEck Morningstar International Moat ETF by 28.4% in the 4th quarter. Turning Point Benefit Group Inc. now owns 79,184 shares of the company’s stock valued at $2,904,000 after acquiring an additional 17,499 shares in the last quarter.

VanEck Morningstar International Moat ETF Company Profile

The VanEck Morningstar International Moat ETF (MOTI) is an exchange-traded fund that is based on the Morningstar Global ex-US Moat Focus index. The fund tracks an equal-weighted index of 50 non-US companies that Morningstar deems to have a sustainable competitive advantage and an attractive valuation. MOTI was launched on Jul 14, 2015 and is managed by VanEck.