VanEck IG Floating Rate ETF (NYSEARCA:FLTR) Short Interest Update

VanEck IG Floating Rate ETF (NYSEARCA:FLTR) was the target of a large growth in short interest in December. As of December 15th, there was short interest totaling 112,980 shares, a growth of 86.0% from the November 30th total of 60,741 shares. Based on an average daily trading volume, of 690,737 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the shares of the stock are sold short. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 690,737 shares, the short-interest ratio is presently 0.2 days.

VanEck IG Floating Rate ETF Stock Performance

Shares of VanEck IG Floating Rate ETF stock opened at $25.54 on Friday. VanEck IG Floating Rate ETF has a 52 week low of $24.59 and a 52 week high of $25.59. The stock’s 50-day simple moving average is $25.50 and its 200-day simple moving average is $25.50.

Institutional Trading of VanEck IG Floating Rate ETF

Hedge funds and other institutional investors have recently modified their holdings of the business. Spire Wealth Management lifted its stake in VanEck IG Floating Rate ETF by 1,058.0% in the second quarter. Spire Wealth Management now owns 1,297 shares of the company’s stock worth $33,000 after acquiring an additional 1,185 shares during the last quarter. Ameritas Advisory Services LLC purchased a new position in VanEck IG Floating Rate ETF during the 3rd quarter worth approximately $38,000. Tsfg LLC purchased a new position in shares of VanEck IG Floating Rate ETF during the third quarter worth approximately $39,000. Bogart Wealth LLC increased its stake in VanEck IG Floating Rate ETF by 48.3% in the second quarter. Bogart Wealth LLC now owns 1,749 shares of the company’s stock valued at $45,000 after purchasing an additional 570 shares during the period. Finally, Family Management Corp acquired a new position in VanEck IG Floating Rate ETF in the 3rd quarter valued at about $45,000.

VanEck IG Floating Rate ETF Company Profile

The VanEck Investment Grade Floating Rate ETF (FLTR) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of US dollar-denominated, investment-grade floating-rate notes issued by corporate entities. FLTR was launched on Apr 25, 2011 and is managed by VanEck.