VanEck Green Bond ETF (NYSEARCA:GRNB) Sees Large Decline in Short Interest

by · The Markets Daily

VanEck Green Bond ETF (NYSEARCA:GRNB – Get Free Report) saw a large decrease in short interest in December. As of December 15th, there was short interest totaling 9,015 shares, a decrease of 65.8% from the November 30th total of 26,360 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average trading volume of 21,883 shares, the days-to-cover ratio is currently 0.4 days. Based on an average trading volume of 21,883 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.1% of the company’s stock are sold short.

VanEck Green Bond ETF Stock Up 0.0%

Shares of NYSEARCA:GRNB traded up $0.01 during trading on Friday, reaching $24.44. The stock had a trading volume of 10,612 shares, compared to its average volume of 22,169. VanEck Green Bond ETF has a 52 week low of $23.48 and a 52 week high of $24.67. The firm has a market capitalization of $153.97 million, a price-to-earnings ratio of -35.94 and a beta of 0.24. The stock has a fifty day simple moving average of $24.42 and a two-hundred day simple moving average of $24.33.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Founders Financial Alliance LLC acquired a new position in shares of VanEck Green Bond ETF during the third quarter worth approximately $33,000. MAI Capital Management raised its stake in VanEck Green Bond ETF by 9.1% during the 3rd quarter. MAI Capital Management now owns 5,040 shares of the financial services provider’s stock valued at $123,000 after purchasing an additional 421 shares during the last quarter. Advisory Services Network LLC acquired a new position in VanEck Green Bond ETF during the 3rd quarter valued at $137,000. SK Wealth Management LLC bought a new stake in VanEck Green Bond ETF in the 2nd quarter valued at $204,000. Finally, Thrivent Financial for Lutherans bought a new stake in VanEck Green Bond ETF in the 2nd quarter valued at $208,000. 1.77% of the stock is owned by institutional investors.

VanEck Green Bond ETF Company Profile

(Get Free Report)

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.

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