VanEck Green Bond ETF (NYSEARCA:GRNB) Short Interest Update

VanEck Green Bond ETF (NYSEARCA:GRNB) was the target of a large growth in short interest in the month of December. As of December 31st, there was short interest totaling 14,332 shares, a growth of 59.0% from the December 15th total of 9,015 shares. Based on an average trading volume of 24,122 shares, the short-interest ratio is presently 0.6 days. Approximately 0.2% of the shares of the company are short sold. Approximately 0.2% of the shares of the company are short sold. Based on an average trading volume of 24,122 shares, the short-interest ratio is presently 0.6 days.

VanEck Green Bond ETF Stock Down 0.1%

Shares of NYSEARCA:GRNB opened at $24.38 on Friday. The firm has a market capitalization of $168.22 million, a PE ratio of -35.85 and a beta of 0.24. VanEck Green Bond ETF has a twelve month low of $23.48 and a twelve month high of $24.67. The company has a 50-day moving average price of $24.39 and a two-hundred day moving average price of $24.36.

Institutional Trading of VanEck Green Bond ETF

Hedge funds have recently modified their holdings of the company. Founders Financial Alliance LLC purchased a new position in shares of VanEck Green Bond ETF in the 3rd quarter worth approximately $33,000. MAI Capital Management boosted its stake in VanEck Green Bond ETF by 9.1% in the third quarter. MAI Capital Management now owns 5,040 shares of the financial services provider’s stock valued at $123,000 after acquiring an additional 421 shares in the last quarter. Advisory Services Network LLC purchased a new position in VanEck Green Bond ETF in the third quarter worth $137,000. SK Wealth Management LLC purchased a new position in VanEck Green Bond ETF in the second quarter worth $204,000. Finally, Thrivent Financial for Lutherans acquired a new position in shares of VanEck Green Bond ETF during the second quarter worth $208,000. 1.77% of the stock is owned by hedge funds and other institutional investors.

About VanEck Green Bond ETF

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.