VanEck Durable High Dividend ETF (BATS:DURA) Sees Significant Growth in Short Interest
by Jessica Moore · The Cerbat GemVanEck Durable High Dividend ETF (BATS:DURA – Get Free Report) was the recipient of a large increase in short interest in the month of April. As of April 30th, there was short interest totaling 1,318 shares, an increase of 1,046.1% from the April 15th total of 115 shares. Based on an average daily volume of 2,179 shares, the short-interest ratio is presently 0.6 days. Approximately 0.1% of the shares of the stock are short sold.
VanEck Durable High Dividend ETF Price Performance
BATS:DURA traded down $0.12 during trading hours on Wednesday, hitting $37.71. The stock had a trading volume of 585 shares, compared to its average volume of 2,903. The company has a 50 day simple moving average of $37.20 and a two-hundred day simple moving average of $35.69. VanEck Durable High Dividend ETF has a one year low of $31.35 and a one year high of $38.43. The firm has a market capitalization of $50.91 million, a price-to-earnings ratio of 15.63 and a beta of 0.64.
Institutional Trading of VanEck Durable High Dividend ETF
A number of hedge funds have recently made changes to their positions in DURA. Jane Street Group LLC bought a new stake in shares of VanEck Durable High Dividend ETF during the 2nd quarter worth $518,000. B. Riley Wealth Advisors Inc. bought a new stake in shares of VanEck Durable High Dividend ETF during the 2nd quarter worth $380,000. Osaic Holdings Inc. lifted its holdings in shares of VanEck Durable High Dividend ETF by 7.5% during the 2nd quarter. Osaic Holdings Inc. now owns 21,463 shares of the company’s stock worth $701,000 after acquiring an additional 1,492 shares during the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of VanEck Durable High Dividend ETF by 2.0% during the 3rd quarter. Envestnet Asset Management Inc. now owns 92,651 shares of the company’s stock worth $3,143,000 after acquiring an additional 1,784 shares during the last quarter. Finally, Tower Research Capital LLC TRC lifted its holdings in shares of VanEck Durable High Dividend ETF by 3.8% during the 3rd quarter. Tower Research Capital LLC TRC now owns 16,758 shares of the company’s stock worth $568,000 after acquiring an additional 612 shares during the last quarter.
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.