VanEck Green Bond ETF (NYSEARCA:GRNB) Short Interest Down 70.6% in June

VanEck Green Bond ETF (NYSEARCA:GRNB) was the recipient of a large decline in short interest in the month of June. As of June 30th, there was short interest totaling 20,148 shares, a decline of 70.6% from the June 15th total of 68,576 shares. Approximately 0.3% of the company’s shares are sold short. Based on an average daily trading volume, of 19,430 shares, the days-to-cover ratio is presently 1.0 days.

VanEck Green Bond ETF Trading Down 0.2%

VanEck Green Bond ETF stock traded down $0.04 during midday trading on Friday, reaching $23.93. 13,525 shares of the stock traded hands, compared to its average volume of 28,466. The firm has a market cap of $183.06 million, a PE ratio of -35.19 and a beta of 0.24. The company has a 50-day simple moving average of $24.04 and a two-hundred day simple moving average of $24.17. VanEck Green Bond ETF has a 12-month low of $23.78 and a 12-month high of $24.67.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of GRNB. LPL Financial LLC lifted its stake in VanEck Green Bond ETF by 12.7% in the fourth quarter. LPL Financial LLC now owns 854,869 shares of the financial services provider’s stock worth $20,803,000 after acquiring an additional 96,614 shares during the last quarter. PFG Investments LLC grew its stake in shares of VanEck Green Bond ETF by 36.8% during the fourth quarter. PFG Investments LLC now owns 737,234 shares of the financial services provider’s stock worth $17,941,000 after purchasing an additional 198,444 shares in the last quarter. Rossby Financial LCC grew its stake in shares of VanEck Green Bond ETF by 11.8% during the fourth quarter. Rossby Financial LCC now owns 313,807 shares of the financial services provider’s stock worth $7,636,000 after purchasing an additional 33,097 shares in the last quarter. rebel Financial LLC increased its holdings in VanEck Green Bond ETF by 4.3% in the first quarter. rebel Financial LLC now owns 242,879 shares of the financial services provider’s stock valued at $5,819,000 after buying an additional 9,950 shares during the last quarter. Finally, Financial Engines Advisors L.L.C. increased its holdings in VanEck Green Bond ETF by 19.6% in the fourth quarter. Financial Engines Advisors L.L.C. now owns 155,374 shares of the financial services provider’s stock valued at $3,781,000 after buying an additional 25,470 shares during the last quarter. 1.77% of the stock is currently 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.