VanEck Long/Flat Trend ETF (NYSEARCA:LFEQ) Short Interest Up 30.7% in February

VanEck Long/Flat Trend ETF (NYSEARCA:LFEQ) was the recipient of a significant increase in short interest during the month of February. As of February 27th, there was short interest totaling 2,822 shares, an increase of 30.7% from the February 12th total of 2,159 shares. Based on an average trading volume of 1,772 shares, the short-interest ratio is currently 1.6 days. Approximately 0.6% of the company’s stock are sold short. Approximately 0.6% of the company’s stock are sold short. Based on an average trading volume of 1,772 shares, the short-interest ratio is currently 1.6 days.

VanEck Long/Flat Trend ETF Stock Up 1.0%

Shares of NYSEARCA:LFEQ traded up $0.54 on Monday, hitting $53.07. 284 shares of the company traded hands, compared to its average volume of 1,092. The stock has a 50 day simple moving average of $54.45 and a 200-day simple moving average of $53.91. The company has a market cap of $26.54 million, a PE ratio of 25.47 and a beta of 0.76. VanEck Long/Flat Trend ETF has a 52 week low of $41.58 and a 52 week high of $55.29.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Financial Enhancement Group LLC grew its holdings in shares of VanEck Long/Flat Trend ETF by 5.7% during the third quarter. Financial Enhancement Group LLC now owns 115,086 shares of the company’s stock valued at $6,191,000 after buying an additional 6,204 shares during the last quarter. J2 Capital Management Inc raised its holdings in VanEck Long/Flat Trend ETF by 11.6% in the 4th quarter. J2 Capital Management Inc now owns 5,024 shares of the company’s stock worth $272,000 after acquiring an additional 521 shares during the last quarter. Finally, Magnolia Capital Advisors LLC lifted 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 acquiring an additional 1,568 shares in the last quarter.

About VanEck Long/Flat Trend ETF

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.