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

VanEck Mortgage REIT Income ETF (NYSEARCA:MORT) was the recipient of a significant growth in short interest in the month of December. As of December 15th, there was short interest totaling 390,024 shares, a growth of 139.3% from the November 30th total of 162,953 shares. Based on an average daily volume of 627,972 shares, the days-to-cover ratio is presently 0.6 days. Approximately 1.2% of the shares of the company are short sold. Approximately 1.2% of the shares of the company are short sold. Based on an average daily volume of 627,972 shares, the days-to-cover ratio is presently 0.6 days.

Hedge Funds Weigh In On VanEck Mortgage REIT Income ETF

A number of institutional investors have recently modified their holdings of the stock. Ameritas Advisory Services LLC purchased a new stake in shares of VanEck Mortgage REIT Income ETF in the second quarter worth about $26,000. Advisory Services Network LLC acquired a new stake in shares of VanEck Mortgage REIT Income ETF during the 3rd quarter worth approximately $61,000. Mattson Financial Services LLC lifted its stake in shares of VanEck Mortgage REIT Income ETF by 17.1% in the 1st quarter. Mattson Financial Services LLC now owns 6,873 shares of the company’s stock valued at $77,000 after purchasing an additional 1,004 shares during the period. Triumph Capital Management purchased a new stake in VanEck Mortgage REIT Income ETF during the third quarter worth $107,000. Finally, TPG Advisors LLC purchased a new stake in VanEck Mortgage REIT Income ETF during the third quarter worth $111,000.

VanEck Mortgage REIT Income ETF Price Performance

NYSEARCA:MORT traded down $0.02 during midday trading on Friday, hitting $10.92. The company’s stock had a trading volume of 397,509 shares, compared to its average volume of 564,214. VanEck Mortgage REIT Income ETF has a fifty-two week low of $8.81 and a fifty-two week high of $11.79. The firm has a market cap of $351.08 million, a P/E ratio of 14.67 and a beta of 1.30. The firm’s 50 day moving average is $10.62 and its 200-day moving average is $10.65.

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.