VanEck Vectors Semiconductor ETF (NYSEARCA:SMH) was the target of a large decline in short interest during the month of February. As of February 28th, there was short interest totalling 17,156,655 shares, a decline of 18.5% from the February 15th total of 21,040,914 shares. Based on an average daily trading volume, of 5,607,430 shares, the days-to-cover ratio is currently 3.1 days.
Shares of NYSEARCA:SMH traded down $2.96 during midday trading on Friday, hitting $99.46. 6,967,772 shares of the stock were exchanged, compared to its average volume of 5,777,592. VanEck Vectors Semiconductor ETF has a twelve month low of $76.25 and a twelve month high of $114.55.
Several large investors have recently added to or reduced their stakes in the company. Millennium Management LLC grew its holdings in VanEck Vectors Semiconductor ETF by 100.0% in the 4th quarter. Millennium Management LLC now owns 2,549 shares of the company’s stock valued at $249,000 after buying an additional 5,302,549 shares during the period. Lakewood Capital Management LP purchased a new stake in VanEck Vectors Semiconductor ETF in the 4th quarter valued at about $48,905,000. Sensato Investors LLC purchased a new stake in VanEck Vectors Semiconductor ETF in the 4th quarter valued at about $20,667,000. Timber Hill LLC grew its holdings in VanEck Vectors Semiconductor ETF by 120.6% in the 4th quarter. Timber Hill LLC now owns 222,884 shares of the company’s stock valued at $21,800,000 after buying an additional 121,870 shares during the period. Finally, Renaissance Technologies LLC purchased a new stake in VanEck Vectors Semiconductor ETF in the 4th quarter valued at about $6,221,000.
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