MORT Stock Summary and Trading Ideas (Vaneck Mortgage REIT Income ETF | ARCA:MORT)

The VanEck Mortgage REIT Income ETF seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Market Global Mortgage REITs Index. The Index is a rules-based index intended to track the overall performance of publicly traded mortgage REITs.

Vaneck Mortgage REIT Income ETF trades on the ARCA stock market under the symbol MORT.

As of November 12, 2024, MORT stock price declined to $11.10 with 315,809 million shares trading.

MORT has a beta of 0.75, meaning it tends to be less sensitive to market movements. MORT has a correlation of 0.26 to the broad based SPY ETF.

MORT has a market cap of $293.04 million. This is considered a Small Cap stock.

In the last 3 years, MORT traded as high as $19.61 and as low as $9.40.

MORT has underperformed the market in the last year with a price return of +16.9% while the SPY ETF gained +37.1%. MORT has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +0.2% and -1.4%, respectively, while the SPY returned +12.4% and +2.8%, respectively.

MORT support price is $11.24 and resistance is $11.50 (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 MORT shares will trade within this expected range on the day.