VanEck Green Bond ETF (NYSEARCA:GRNB) Short Interest Down 65.8% in December
by Jessica Moore · The Cerbat GemVanEck Green Bond ETF (NYSEARCA:GRNB – Get Free Report) was the target of a significant decline in short interest in December. As of December 15th, there was short interest totaling 9,015 shares, a decline of 65.8% from the November 30th total of 26,360 shares. Based on an average trading volume of 21,883 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.1% of the company’s stock are short sold. Currently, 0.1% of the company’s stock are short sold. Based on an average trading volume of 21,883 shares, the days-to-cover ratio is presently 0.4 days.
VanEck Green Bond ETF Price Performance
VanEck Green Bond ETF stock traded up $0.01 during mid-day 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 one year low of $23.48 and a one year high of $24.67. The company has a 50-day moving average price of $24.42 and a two-hundred day moving average price of $24.33. The company has a market capitalization of $153.97 million, a price-to-earnings ratio of -35.94 and a beta of 0.24.
Institutional Investors Weigh In On VanEck Green Bond ETF
Institutional investors have recently made changes to their positions in the company. Founders Financial Alliance LLC purchased a new position in VanEck Green Bond ETF in the 3rd quarter worth approximately $33,000. MAI Capital Management boosted 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 bought a new stake in shares of VanEck Green Bond ETF in the 3rd quarter worth $137,000. SK Wealth Management LLC bought a new stake in shares of VanEck Green Bond ETF in the 2nd quarter worth $204,000. Finally, Thrivent Financial for Lutherans purchased a new position in shares of VanEck Green Bond ETF in the second quarter worth $208,000. Hedge funds and other institutional investors own 1.77% of the company’s stock.
VanEck Green Bond ETF Company Profile
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.