VanEck Long/Flat Trend ETF (NYSEARCA:LFEQ – Get Free Report) was the target of a large decrease in short interest in December. As of December 15th, there was short interest totaling 24 shares, a decrease of 73.9% from the November 30th total of 92 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 971 shares, the short-interest ratio is presently 0.0 days. Based on an average trading volume of 971 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company’s shares are short sold.
Institutional Trading of VanEck Long/Flat Trend ETF
Several institutional investors and hedge funds have recently made changes to their positions in the company. Financial Enhancement Group LLC lifted its stake in 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 buying an additional 22,679 shares during the last quarter. J2 Capital Management Inc acquired a new position in shares of VanEck Long/Flat Trend ETF in the 3rd quarter valued at $240,000. Finally, Magnolia Capital Advisors LLC raised its position in VanEck Long/Flat Trend ETF by 5.8% in the 3rd quarter. Magnolia Capital Advisors LLC now owns 28,700 shares of the company’s stock valued at $1,527,000 after purchasing an additional 1,568 shares during the last quarter.
VanEck Long/Flat Trend ETF Trading Down 0.0%
Shares of NYSEARCA LFEQ traded down $0.01 during trading hours on Friday, reaching $55.28. The stock had a trading volume of 543 shares, compared to its average volume of 1,835. VanEck Long/Flat Trend ETF has a 52-week low of $41.58 and a 52-week high of $55.29. The firm has a market cap of $28.75 million, a price-to-earnings ratio of 25.47 and a beta of 0.76. The business’s fifty day moving average price is $54.20 and its two-hundred day moving average price is $52.07.
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.
Further Reading
- Five stocks we like better than VanEck Long/Flat Trend ETF
- Do not delete, read immediately
- INVESTOR ALERT: Tiny “$3 AI Wonder Stock” on the Verge of Blasting Off
- Can Any Expenses Be Deducted From Capital Gains Tax?
- Do you know what Amazon is planning for January 1?
- Buffett, Gates and Bezos Quietly Dumping Stocks—Here’s Why
Receive News & Ratings for VanEck Long/Flat Trend ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VanEck Long/Flat Trend ETF and related companies with MarketBeat.com's FREE daily email newsletter.
