VanEck Green Bond ETF (NYSEARCA:GRNB) Short Interest Down 65.1% in February

VanEck Green Bond ETF (NYSEARCA:GRNB) was the target of a significant drop in short interest during the month of February. As of February 27th, there was short interest totaling 14,810 shares, a drop of 65.1% from the February 12th total of 42,463 shares. Based on an average trading volume of 39,311 shares, the short-interest ratio is currently 0.4 days. Approximately 0.2% of the shares of the stock are short sold. Approximately 0.2% of the shares of the stock are short sold. Based on an average trading volume of 39,311 shares, the short-interest ratio is currently 0.4 days.

VanEck Green Bond ETF Stock Performance

Shares of GRNB opened at $24.20 on Wednesday. VanEck Green Bond ETF has a fifty-two week low of $23.48 and a fifty-two week high of $24.67. The firm has a market cap of $166.98 million, a price-to-earnings ratio of -35.59 and a beta of 0.24. The firm has a 50 day moving average price of $24.37 and a 200-day moving average price of $24.41.

VanEck Green Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were given a dividend of $0.0784 per share. This represents a c) annualized dividend and a yield of 3.9%. The ex-dividend date was Monday, March 2nd. VanEck Green Bond ETF’s dividend payout ratio is presently -150.00%.

Institutional Investors Weigh In On VanEck Green Bond ETF

A number of hedge funds and other institutional investors have recently modified their holdings of GRNB. Rossby Financial LCC increased its stake in shares of VanEck Green Bond ETF by 15.7% in the third quarter. Rossby Financial LCC now owns 280,710 shares of the financial services provider’s stock worth $6,851,000 after buying an additional 38,079 shares during the period. Saxon Interests Inc. purchased a new position in shares of VanEck Green Bond ETF in the third quarter valued at about $278,000. PFG Investments LLC raised its stake in shares of VanEck Green Bond ETF by 0.6% during the third quarter. PFG Investments LLC now owns 538,790 shares of the financial services provider’s stock valued at $13,163,000 after acquiring an additional 3,410 shares during the last quarter. Smart Portfolios LLC boosted its holdings in shares of VanEck Green Bond ETF by 2.6% during the third quarter. Smart Portfolios LLC now owns 28,401 shares of the financial services provider’s stock worth $694,000 after purchasing an additional 722 shares during the period. Finally, Impact Investors Inc purchased a new stake in shares of VanEck Green Bond ETF during the third quarter worth about $387,000. 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.