VanEck Long/Flat Trend ETF (NYSEARCA:LFEQ) Short Interest Update

VanEck Long/Flat Trend ETF (NYSEARCA:LFEQ) was the target of a significant increase in short interest during the month of July. As of July 31st, there was short interest totaling 191 shares, an increase of 127.4% from the July 15th total of 84 shares. Based on an average daily volume of 1,002 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.0% of the company’s stock are short sold.

VanEck Long/Flat Trend ETF Stock Down 0.2%

LFEQ stock traded down $0.12 during trading on Friday, reaching $61.72. The stock had a trading volume of 204 shares, compared to its average volume of 1,173. The company has a market capitalization of $29.01 million, a price-to-earnings ratio of 25.47 and a beta of 0.75. VanEck Long/Flat Trend ETF has a one year low of $50.27 and a one year high of $61.84. The company’s 50 day moving average is $59.58 and its two-hundred day moving average is $56.87.

Hedge Funds Weigh In On VanEck Long/Flat Trend ETF

An institutional investor recently raised its stake in VanEck Long/Flat Trend ETF stock. Financial Enhancement Group LLC increased its holdings in shares of VanEck Long/Flat Trend ETF (NYSEARCA:LFEQ) by 0.4% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 114,116 shares of the company’s stock after acquiring an additional 430 shares during the quarter. Financial Enhancement Group LLC owned approximately 22.82% of VanEck Long/Flat Trend ETF worth $6,441,000 as of its most recent SEC filing.

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.