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

VanEck Green Bond ETF (NYSEARCA:GRNB) saw a significant increase in short interest during the month of June. As of June 15th, there was short interest totaling 68,576 shares, an increase of 221.6% from the May 31st total of 21,324 shares. Based on an average daily volume of 28,905 shares, the days-to-cover ratio is currently 2.4 days. Approximately 0.9% of the shares of the company are short sold.

VanEck Green Bond ETF Stock Performance

Shares of NYSEARCA GRNB remained flat at $24.15 during trading on Friday. The company’s stock had a trading volume of 20,746 shares, compared to its average volume of 28,866. The company has a 50-day moving average price of $24.07 and a two-hundred day moving average price of $24.20. The firm has a market cap of $177.50 million, a PE ratio of -35.51 and a beta of 0.24. VanEck Green Bond ETF has a twelve month low of $23.78 and a twelve month high of $24.67.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the stock. PFG Investments LLC lifted its holdings in VanEck Green Bond ETF by 36.8% in the fourth quarter. PFG Investments LLC now owns 737,234 shares of the financial services provider’s stock valued at $17,941,000 after acquiring an additional 198,444 shares during the period. LPL Financial LLC grew its stake in shares of VanEck Green Bond ETF by 12.7% during the 4th quarter. LPL Financial LLC now owns 854,869 shares of the financial services provider’s stock worth $20,803,000 after purchasing an additional 96,614 shares during the period. Natural Investments LLC purchased a new position in shares of VanEck Green Bond ETF during the 4th quarter valued at approximately $1,556,000. Rossby Financial LCC increased its holdings in shares of VanEck Green Bond ETF by 11.8% during the 4th quarter. Rossby Financial LCC now owns 313,807 shares of the financial services provider’s stock valued at $7,636,000 after purchasing an additional 33,097 shares in the last quarter. Finally, TrueWealth Financial Partners acquired a new position in shares of VanEck Green Bond ETF in the 4th quarter valued at $795,000. 1.77% of the stock is currently owned by hedge funds and other institutional investors.

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.