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 September 18, 2024, MORT stock price climbed to $12.19 with 405,957 million shares trading.

MORT has a beta of 1.09, meaning it tends to be more sensitive to market movements. MORT has a correlation of 0.38 to the broad based SPY ETF.

MORT has a market cap of $313.89 million. This is considered a Small Cap stock.

In the last 3 years, MORT stock traded as high as $19.81 and as low as $9.40.

MORT stock has underperformed the market in the last year with a return of +10.6%, while SPY returned +27.8%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in MORT shares. However, MORT has outperformed the market in the last 3 month and 2 week periods, returning +10.4% and +3.3%, while SPY returned +2.9% and +1.7%, respectively. This indicates MORT has been having a stronger performance recently.

MORT support price is $12.03 and resistance is $12.23 (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 stock will trade within this expected range on the day.