Short Interest in VanEck Long/Flat Trend ETF (NYSEARCA:LFEQ) Grows By 127.4%

VanEck Long/Flat Trend ETF (NYSEARCA:LFEQ) was the target of a large growth in short interest during the month of July. As of July 31st, there was short interest totaling 191 shares, a growth of 127.4% from the July 15th total of 84 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 1,002 shares, the short-interest ratio is currently 0.2 days.

Institutional Trading of VanEck Long/Flat Trend ETF

An institutional investor recently raised its stake in VanEck Long/Flat Trend ETF stock. Financial Enhancement Group LLC increased its stake in VanEck Long/Flat Trend ETF (NYSEARCA:LFEQ) by 0.4% in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 114,116 shares of the company’s stock after acquiring an additional 430 shares during the quarter. Financial Enhancement Group LLC owned approximately 22.82% of VanEck Long/Flat Trend ETF worth $6,441,000 at the end of the most recent reporting period.

VanEck Long/Flat Trend ETF Trading Down 0.2%

Shares of LFEQ stock opened at $61.72 on Friday. The stock has a market cap of $29.01 million, a P/E ratio of 25.47 and a beta of 0.75. The stock has a 50 day moving average of $59.58 and a 200 day moving average of $56.87. VanEck Long/Flat Trend ETF has a twelve month low of $50.27 and a twelve month high of $61.84.

VanEck Long/Flat Trend ETF Company Profile

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.