U.S. Vegan Climate ETF (BATS:VEGN) Sees Large Drop in Short Interest

U.S. Vegan Climate ETF (BATS:VEGN) was the target of a significant decline in short interest during the month of July. As of July 15th, there was short interest totaling 7,698 shares, a decline of 74.3% from the June 30th total of 29,997 shares. Approximately 0.4% of the company’s shares are sold short. Based on an average daily volume of 9,150 shares, the short-interest ratio is currently 0.8 days.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in U.S. Vegan Climate ETF stock. Kingswood Wealth Advisors LLC lifted its position in U.S. Vegan Climate ETF (BATS:VEGN) by 1.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 23,389 shares of the company’s stock after buying an additional 285 shares during the period. Kingswood Wealth Advisors LLC owned about 1.04% of U.S. Vegan Climate ETF worth $1,422,000 as of its most recent SEC filing.

U.S. Vegan Climate ETF Trading Down 1.2%

U.S. Vegan Climate ETF stock opened at $75.29 on Friday. The firm has a 50-day moving average of $77.57 and a 200-day moving average of $67.21. The firm has a market cap of $161.87 million, a P/E ratio of 26.92 and a beta of 1.13. U.S. Vegan Climate ETF has a 1-year low of $54.62 and a 1-year high of $82.36.

U.S. Vegan Climate ETF Company Profile

The US Vegan Climate ETF (VEGN) is an exchange-traded fund that is based on the US Vegan Climate index. The fund seeks to track a principles-based index of U.S. equities weighted by market-cap. VEGN was launched on Sep 9, 2019 and is managed by Beyond.