VanEck Real Assets ETF (NYSEARCA:RAAX) Short Interest Update

VanEck Real Assets ETF (NYSEARCA:RAAX) saw a significant growth in short interest in the month of February. As of February 13th, there was short interest totaling 112,191 shares, a growth of 59.5% from the January 29th total of 70,345 shares. Based on an average daily trading volume, of 508,926 shares, the days-to-cover ratio is presently 0.2 days. Currently, 1.2% of the company’s shares are short sold. Currently, 1.2% of the company’s shares are short sold. Based on an average daily trading volume, of 508,926 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Trading of VanEck Real Assets ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. Assetmark Inc. acquired a new position in VanEck Real Assets ETF during the 2nd quarter worth about $32,000. Realta Investment Advisors acquired a new stake in shares of VanEck Real Assets ETF in the third quarter valued at about $41,000. Tucker Asset Management LLC bought a new position in shares of VanEck Real Assets ETF during the fourth quarter worth about $43,000. NewEdge Advisors LLC lifted its stake in shares of VanEck Real Assets ETF by 514.6% in the fourth quarter. NewEdge Advisors LLC now owns 1,893 shares of the company’s stock worth $66,000 after acquiring an additional 1,585 shares during the period. Finally, Northwestern Mutual Wealth Management Co. boosted its holdings in VanEck Real Assets ETF by 1,129.4% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,967 shares of the company’s stock valued at $69,000 after acquiring an additional 1,807 shares during the last quarter.

VanEck Real Assets ETF Trading Up 1.1%

NYSEARCA:RAAX traded up $0.46 during mid-day trading on Monday, hitting $41.97. 338,573 shares of the company’s stock were exchanged, compared to its average volume of 268,115. VanEck Real Assets ETF has a fifty-two week low of $27.05 and a fifty-two week high of $42.04. The firm has a market capitalization of $407.11 million, a P/E ratio of 22.21 and a beta of 0.65. The company has a 50 day simple moving average of $38.18 and a 200-day simple moving average of $35.66.

VanEck Real Assets ETF Company Profile

The VanEck Inflation Allocation ETF (RAAX) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund of funds that seeks to maximize long-term real returns. It invests in ETPs with exposure to real assets, such as real estate, commodities, natural resources, or infrastructure, and may hold up to 100% cash or equivalents. RAAX was launched on Apr 9, 2018 and is managed by VanEck.