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

VanEck Green Bond ETF (NYSEARCA:GRNB) was the recipient of a large drop in short interest in the month of June. As of June 30th, there was short interest totaling 20,148 shares, a drop of 70.6% from the June 15th total of 68,576 shares. Based on an average trading volume of 19,430 shares, the days-to-cover ratio is presently 1.0 days. Currently, 0.3% of the shares of the stock are sold short.

VanEck Green Bond ETF Price Performance

NYSEARCA GRNB traded down $0.05 on Monday, hitting $23.88. The company had a trading volume of 16,487 shares, compared to its average volume of 28,374. The company has a market capitalization of $182.68 million, a PE ratio of -35.12 and a beta of 0.24. The company’s fifty day moving average price is $24.04 and its 200-day moving average price is $24.17. VanEck Green Bond ETF has a 12-month low of $23.78 and a 12-month high of $24.67.

Institutional Trading of VanEck Green Bond ETF

Institutional investors have recently modified their holdings of the stock. Canandaigua National Bank & Trust Co. purchased a new stake in shares of VanEck Green Bond ETF during the second quarter worth about $919,000. Verus Capital Partners LLC lifted its stake in VanEck Green Bond ETF by 7.7% in the 1st quarter. Verus Capital Partners LLC now owns 11,375 shares of the financial services provider’s stock valued at $273,000 after buying an additional 811 shares in the last quarter. Western Wealth Management LLC acquired a new stake in VanEck Green Bond ETF in the 1st quarter worth about $58,000. Cetera Investment Advisers boosted its holdings in VanEck Green Bond ETF by 13.0% in the 1st quarter. Cetera Investment Advisers now owns 16,104 shares of the financial services provider’s stock worth $386,000 after buying an additional 1,853 shares during the last quarter. Finally, Ascentis Independent Advisors purchased a new stake in VanEck Green Bond ETF during the 1st quarter worth approximately $498,000. Institutional investors and hedge funds own 1.77% of the company’s stock.

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.