VanEck Long/Flat Trend ETF (NYSEARCA:LFEQ) Short Interest Down 62.5% in December

by · The Markets Daily

VanEck Long/Flat Trend ETF (NYSEARCA:LFEQ – Get Free Report) was the recipient of a large decline in short interest in the month of December. As of December 31st, there was short interest totaling 9 shares, a decline of 62.5% from the December 15th total of 24 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 659 shares, the short-interest ratio is presently 0.0 days. Based on an average daily trading volume, of 659 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company’s shares are sold short.

Institutional Trading of VanEck Long/Flat Trend ETF

Several large investors have recently added to or reduced their stakes in the company. Financial Enhancement Group LLC lifted its holdings in shares of VanEck Long/Flat Trend ETF by 26.3% in the second quarter. Financial Enhancement Group LLC now owns 108,882 shares of the company’s stock valued at $5,421,000 after purchasing an additional 22,679 shares in the last quarter. J2 Capital Management Inc purchased a new position in shares of VanEck Long/Flat Trend ETF during the third quarter valued at $240,000. Finally, Magnolia Capital Advisors LLC raised its position in VanEck Long/Flat Trend ETF by 5.8% during the third quarter. Magnolia Capital Advisors LLC now owns 28,700 shares of the company’s stock valued at $1,527,000 after buying an additional 1,568 shares during the period.

VanEck Long/Flat Trend ETF Trading Down 0.5%

Shares of LFEQ traded down $0.28 during midday trading on Wednesday, hitting $54.76. The stock had a trading volume of 1,391 shares, compared to its average volume of 1,477. The business has a 50-day simple moving average of $54.32 and a two-hundred day simple moving average of $52.71. The firm has a market cap of $27.38 million, a P/E ratio of 25.47 and a beta of 0.76. VanEck Long/Flat Trend ETF has a fifty-two week low of $41.58 and a fifty-two week high of $55.29.

VanEck Long/Flat Trend ETF Company Profile

(Get Free Report)

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.

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