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

VanEck Green Bond ETF (NYSEARCA:GRNB) saw a significant decrease in short interest during the month of 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. Based on an average daily trading volume, of 21,883 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.1% of the company’s shares are sold short. Currently, 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 21,883 shares, the days-to-cover ratio is presently 0.4 days.

VanEck Green Bond ETF Price Performance

Shares of GRNB stock opened at $24.44 on Friday. VanEck Green Bond ETF has a 1-year low of $23.48 and a 1-year high of $24.67. The company has a 50-day moving average of $24.42 and a two-hundred day moving average of $24.33. The firm has a market cap of $153.97 million, a PE ratio of -35.94 and a beta of 0.24.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the company. Founders Financial Alliance LLC purchased a new position in shares of VanEck Green Bond ETF in the 3rd quarter worth about $33,000. MAI Capital Management increased its position 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 worth $123,000 after purchasing an additional 421 shares in the last quarter. Advisory Services Network LLC purchased a new position in VanEck Green Bond ETF in the third quarter valued at approximately $137,000. SK Wealth Management LLC acquired a new position in VanEck Green Bond ETF during the second quarter valued at approximately $204,000. Finally, Thrivent Financial for Lutherans acquired a new position in VanEck Green Bond ETF during the second quarter valued at approximately $208,000. 1.77% of the stock is owned by hedge funds and other institutional investors.

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.