VanEck Green Bond ETF (NYSEARCA:GRNB) Sees Significant Decrease in Short Interest

VanEck Green Bond ETF (NYSEARCA:GRNB) saw a significant drop in short interest during the month of December. As of December 15th, there was short interest totaling 9,015 shares, a drop of 65.8% from the November 30th total of 26,360 shares. Based on an average daily trading volume, of 21,883 shares, the short-interest ratio is presently 0.4 days. Approximately 0.1% of the shares of the company are sold short. Approximately 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 21,883 shares, the short-interest ratio is presently 0.4 days.

VanEck Green Bond ETF Trading Up 0.0%

NYSEARCA:GRNB traded up $0.01 during mid-day trading on Friday, reaching $24.44. The company’s stock had a trading volume of 10,612 shares, compared to its average volume of 22,169. The stock has a market cap of $153.97 million, a P/E ratio of -35.94 and a beta of 0.24. The firm’s fifty day moving average price is $24.42 and its two-hundred day moving average price is $24.33. VanEck Green Bond ETF has a 12-month low of $23.48 and a 12-month high of $24.67.

Institutional Trading of VanEck Green Bond ETF

A number of hedge funds have recently bought and sold shares of the company. rebel Financial LLC bought a new position in VanEck Green Bond ETF in the second quarter valued at about $5,208,000. Rossby Financial LCC increased its position in shares of VanEck Green Bond ETF by 15.7% during the 3rd quarter. Rossby Financial LCC now owns 280,710 shares of the financial services provider’s stock valued at $6,851,000 after purchasing an additional 38,079 shares during the last quarter. PFG Investments LLC increased its position in shares of VanEck Green Bond ETF by 4.4% during the 2nd quarter. PFG Investments LLC now owns 535,380 shares of the financial services provider’s stock valued at $12,978,000 after purchasing an additional 22,638 shares during the last quarter. Jane Street Group LLC lifted its stake in shares of VanEck Green Bond ETF by 58.2% in the 1st quarter. Jane Street Group LLC now owns 43,732 shares of the financial services provider’s stock worth $1,052,000 after purchasing an additional 16,089 shares during the period. Finally, Impact Investors Inc purchased a new position in shares of VanEck Green Bond ETF in the third quarter worth approximately $387,000. Hedge funds and other institutional investors own 1.77% of the company’s stock.

VanEck Green Bond ETF Company Profile

Green Bankshares, Inc (Green Bankshares) is a bank holding company. Prior to September 7, 2011, Green Bankshares conducted its business primarily through its wholly owned subsidiary, GreenBank (the Bank). On September 7, 2011, the Bank merged with and into Capital Bank, National Association (Capital Bank, NA), a subsidiary of Capital Bank Financial Corp. (CBF). CBF owns approximately 90% interest of the Company. As of December 31, 2011, the Company’s net investment of $315.3 million in Capital Bank, NA.