VanEck Onchain Economy ETF (BATS:NODE) Short Interest Down 64.2% in August

VanEck Onchain Economy ETF (BATS:NODE) was the target of a large drop in short interest in August. As of August 14th, there was short interest totaling 2,256 shares, a drop of 64.2% from the July 30th total of 6,293 shares. Based on an average daily trading volume, of 8,417 shares, the short-interest ratio is presently 0.3 days. Currently, 0.8% of the company’s stock are sold short.

VanEck Onchain Economy ETF Stock Up 2.8%

Shares of VanEck Onchain Economy ETF stock opened at $40.23 on Friday. The firm’s 50 day moving average price is $39.93 and its 200-day moving average price is $39.41. VanEck Onchain Economy ETF has a 52-week low of $30.36 and a 52-week high of $54.32.

Institutional Investors Weigh In On VanEck Onchain Economy ETF

Institutional investors have recently bought and sold shares of the company. Thrivent Financial for Lutherans purchased a new position in VanEck Onchain Economy ETF in the fourth quarter worth $6,093,000. SBE LLC DBA Cedar Cove Wealth Partners acquired a new stake in shares of VanEck Onchain Economy ETF in the 4th quarter worth $4,984,000. Commonwealth Equity Services LLC boosted its position in shares of VanEck Onchain Economy ETF by 469.0% in the 4th quarter. Commonwealth Equity Services LLC now owns 73,150 shares of the company’s stock worth $2,543,000 after purchasing an additional 60,295 shares in the last quarter. Echo45 Advisors LLC purchased a new position in VanEck Onchain Economy ETF during the 4th quarter worth $1,572,000. Finally, Jane Street Group LLC purchased a new position in VanEck Onchain Economy ETF during the 2nd quarter worth $542,000.

About VanEck Onchain Economy ETF

The Vaneck Funds – Onchain Economy ETF (NODE) is an exchange-traded fund that trades on the BATS exchange in the United States.