DESK Stock Summary and Trading Ideas (Vaneck ETF Trust Vaneck Office And Commercial REIT ETF | ARCA:DESK)

The VanEck Office and Commercial REIT ETF (DESK) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MarketVector US Listed Office and Commercial REITs Index, which is intended to track the overall performance of U.S. office and commercial real estate investment trusts.

Vaneck ETF Trust Vaneck Office And Commercial REIT ETF trades on the ARCA stock market under the symbol DESK.

As of February 28, 2025, DESK stock price climbed to $41.77 with 251 million shares trading.

DESK has a market cap of $2.51 million. This is considered a Sub-Micro Cap stock.

DESK has outperformed the market in the last year with a price return of +22.0% while the SPY ETF gained +18.8%. However, in the short term, DESK had mixed performance relative to the market. It has underperformed in the last 3 months, returning -8.4% vs -0.4% return in SPY. But in the last 2 weeks, DESK shares have fared better than the market returning +1.5% compared to SPY -2.5%.

DESK support price is $40.76 and resistance is $41.99 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that DESK shares will trade within this expected range on the day.