VanEck Long/Flat Trend ETF (NYSEARCA:LFEQ) Short Interest Update

VanEck Long/Flat Trend ETF (NYSEARCA:LFEQ) saw a significant increase in short interest in the month of June. As of June 30th, there was short interest totaling 155 shares, an increase of ∞ from the June 15th total of 0 shares. Based on an average daily trading volume, of 2,062 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the company’s shares are sold short.

Hedge Funds Weigh In On VanEck Long/Flat Trend ETF

A hedge fund recently raised its stake in VanEck Long/Flat Trend ETF stock. J2 Capital Management Inc raised its stake in VanEck Long/Flat Trend ETF (NYSEARCA:LFEQ) by 11.6% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 5,024 shares of the company’s stock after purchasing an additional 521 shares during the period. J2 Capital Management Inc owned 1.00% of VanEck Long/Flat Trend ETF worth $272,000 as of its most recent SEC filing.

VanEck Long/Flat Trend ETF Price Performance

Shares of NYSEARCA LFEQ opened at $60.10 on Thursday. VanEck Long/Flat Trend ETF has a 1-year low of $49.61 and a 1-year high of $60.38. The company has a market capitalization of $28.25 million, a price-to-earnings ratio of 25.47 and a beta of 0.75. The business has a 50-day moving average of $59.19 and a 200-day moving average of $56.05.

About VanEck Long/Flat Trend ETF

The VanEck Long\u002FFlatTrend ETF (LFEQ) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index that uses technical signals to determine an allocation between the S&P 500 and US Treasury bills. The fund may use ETFs for equity exposure. LFEQ was launched on Oct 4, 2017 and is managed by VanEck.