VanEck Long/Flat Trend ETF (NYSEARCA:LFEQ) Sees Large Increase in Short Interest

VanEck Long/Flat Trend ETF (NYSEARCA:LFEQ) saw a large increase in short interest during the month of June. As of June 30th, there was short interest totaling 155 shares, an increase of ∞ from the June 15th total of 0 shares. Based on an average trading volume of 2,062 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are sold short.

Institutional Inflows and Outflows

An institutional investor recently raised its stake in VanEck Long/Flat Trend ETF stock. Financial Enhancement Group LLC lifted its holdings in shares of VanEck Long/Flat Trend ETF (NYSEARCA:LFEQ) by 0.4% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 114,116 shares of the company’s stock after buying an additional 430 shares during the period. Financial Enhancement Group LLC owned approximately 22.82% of VanEck Long/Flat Trend ETF worth $6,441,000 at the end of the most recent reporting period.

VanEck Long/Flat Trend ETF Trading Down 0.8%

LFEQ stock opened at $59.20 on Friday. The stock has a market capitalization of $27.82 million, a PE ratio of 25.47 and a beta of 0.75. VanEck Long/Flat Trend ETF has a 12-month low of $49.61 and a 12-month high of $60.38. The stock’s 50 day simple moving average is $59.24 and its 200 day simple moving average is $56.10.

VanEck Long/Flat Trend ETF Company Profile

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.