VanEck Green Bond ETF (NYSEARCA:GRNB) Sees Large Growth in Short Interest

VanEck Green Bond ETF (NYSEARCA:GRNB) was the target of a large growth in short interest in February. As of February 13th, there was short interest totaling 42,463 shares, a growth of 170.5% from the January 29th total of 15,699 shares. Based on an average daily volume of 35,495 shares, the days-to-cover ratio is currently 1.2 days. Approximately 0.6% of the shares of the company are sold short. Approximately 0.6% of the shares of the company are sold short. Based on an average daily volume of 35,495 shares, the days-to-cover ratio is currently 1.2 days.

VanEck Green Bond ETF Stock Up 0.1%

Shares of NYSEARCA:GRNB opened at $24.49 on Friday. VanEck Green Bond ETF has a 12-month low of $23.48 and a 12-month high of $24.67. The company’s 50 day moving average price is $24.39 and its two-hundred day moving average price is $24.41. The firm has a market cap of $168.98 million, a PE ratio of -36.01 and a beta of 0.24.

VanEck Green Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were paid a $0.089 dividend. The ex-dividend date was Monday, February 2nd. This represents a c) annualized dividend and a dividend yield of 4.4%. VanEck Green Bond ETF’s dividend payout ratio (DPR) is presently -150.00%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the business. Integrated Wealth Concepts LLC bought a new stake in VanEck Green Bond ETF during the 1st quarter valued at $234,000. Jane Street Group LLC grew its position in shares of VanEck Green Bond ETF by 58.2% in the first quarter. Jane Street Group LLC now owns 43,732 shares of the financial services provider’s stock valued at $1,052,000 after purchasing an additional 16,089 shares in the last quarter. Focus Partners Advisor Solutions LLC bought a new stake in shares of VanEck Green Bond ETF during the 2nd quarter valued at $242,000. Envestnet Asset Management Inc. raised its stake in shares of VanEck Green Bond ETF by 6.8% during the 2nd quarter. Envestnet Asset Management Inc. now owns 15,295 shares of the financial services provider’s stock valued at $371,000 after purchasing an additional 976 shares during the period. Finally, Creative Planning lifted its holdings in VanEck Green Bond ETF by 56.3% during the 2nd quarter. Creative Planning now owns 21,344 shares of the financial services provider’s stock worth $517,000 after purchasing an additional 7,688 shares in the last quarter. 1.77% of the stock is owned by 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.