VanEck Semiconductor ETF (NASDAQ:SMH) Short Interest Update

VanEck Semiconductor ETF (NASDAQ:SMH) was the recipient of a large increase in short interest in November. As of November 15th, there was short interest totalling 10,550,000 shares, an increase of 28.5% from the October 31st total of 8,210,000 shares. Based on an average daily volume of 6,541,200 shares, the days-to-cover ratio is presently 1.6 days.

VanEck Semiconductor ETF Price Performance

NASDAQ:SMH opened at $242.13 on Monday. The firm has a market cap of $23.99 billion, a PE ratio of 18.82 and a beta of 1.35. The firm has a 50 day simple moving average of $248.13 and a 200-day simple moving average of $247.15. VanEck Semiconductor ETF has a 1-year low of $156.56 and a 1-year high of $283.07.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in SMH. Comerica Bank lifted its holdings in shares of VanEck Semiconductor ETF by 20.5% during the 1st quarter. Comerica Bank now owns 8,452 shares of the company’s stock worth $1,901,000 after acquiring an additional 1,440 shares during the period. LRI Investments LLC purchased a new position in VanEck Semiconductor ETF during the first quarter worth approximately $67,000. Atria Investments Inc boosted its holdings in shares of VanEck Semiconductor ETF by 135.7% in the 1st quarter. Atria Investments Inc now owns 17,161 shares of the company’s stock valued at $3,861,000 after purchasing an additional 9,881 shares during the last quarter. Burney Co. purchased a new stake in shares of VanEck Semiconductor ETF during the 1st quarter valued at $207,000. Finally, Transcend Capital Advisors LLC increased its holdings in shares of VanEck Semiconductor ETF by 45.7% during the 2nd quarter. Transcend Capital Advisors LLC now owns 3,209 shares of the company’s stock worth $836,000 after buying an additional 1,007 shares during the last quarter.

VanEck Semiconductor ETF Company Profile

The VanEck Semiconductor ETF (SMH) is an exchange-traded fund that is based on the MVIS US Listed Semiconductor 25 index, a market-cap-weighted index of 25 of the largest US-listed semiconductors companies. SMH was launched on May 5, 2000 and is managed by VanEck.