VanEck Green Bond ETF (NYSEARCA:GRNB) Short Interest Update

VanEck Green Bond ETF (NYSEARCA:GRNB) was the target of a large increase in short interest in December. As of December 31st, there was short interest totaling 14,332 shares, an increase of 59.0% from the December 15th total of 9,015 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average trading volume of 24,122 shares, the short-interest ratio is presently 0.6 days. Based on an average trading volume of 24,122 shares, the short-interest ratio is presently 0.6 days. Approximately 0.2% of the shares of the company are short sold.

VanEck Green Bond ETF Price Performance

Shares of NYSEARCA GRNB traded down $0.02 during mid-day trading on Friday, hitting $24.38. The company had a trading volume of 17,694 shares, compared to its average volume of 31,109. VanEck Green Bond ETF has a 12 month low of $23.48 and a 12 month high of $24.67. The stock has a market cap of $162.13 million, a price-to-earnings ratio of -35.85 and a beta of 0.24. The firm’s 50 day simple moving average is $24.39 and its two-hundred day simple moving average is $24.36.

Institutional Trading of VanEck Green Bond ETF

Several large investors have recently added to or reduced their stakes in the company. Neumann Capital Management LLC increased its stake in shares of VanEck Green Bond ETF by 8.6% in the 4th quarter. Neumann Capital Management LLC now owns 36,550 shares of the financial services provider’s stock valued at $889,000 after acquiring an additional 2,900 shares during the last quarter. Dynamic Advisor Solutions LLC acquired a new position in VanEck Green Bond ETF during the fourth quarter worth $520,000. Advisory Services Network LLC bought a new stake in shares of VanEck Green Bond ETF in the 3rd quarter valued at about $137,000. Financial Engines Advisors L.L.C. lifted its holdings in VanEck Green Bond ETF by 6.2% during the 3rd quarter. Financial Engines Advisors L.L.C. now owns 129,904 shares of the financial services provider’s stock valued at $3,174,000 after purchasing an additional 7,583 shares during the last quarter. Finally, Mariner LLC boosted its holdings in shares of VanEck Green Bond ETF by 2.3% during the 3rd quarter. Mariner LLC now owns 47,171 shares of the financial services provider’s stock worth $1,152,000 after buying an additional 1,075 shares during the period. 1.77% of the stock is owned by institutional investors and hedge funds.

About VanEck Green Bond ETF

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.