Short Interest in VanEck Green Bond ETF (NYSEARCA:GRNB) Grows By 170.5%

VanEck Green Bond ETF (NYSEARCA:GRNB) was the target of a large growth in short interest during the month of 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 short-interest ratio is currently 1.2 days. Currently, 0.6% of the shares of the company are short sold. Currently, 0.6% of the shares of the company are short sold. Based on an average daily volume of 35,495 shares, the short-interest ratio is currently 1.2 days.

Institutional Investors Weigh In On VanEck Green Bond ETF

Several hedge funds have recently added to or reduced their stakes in the business. PFG Investments LLC boosted its position in VanEck Green Bond ETF by 36.8% during the fourth quarter. PFG Investments LLC now owns 737,234 shares of the financial services provider’s stock worth $17,941,000 after purchasing an additional 198,444 shares during the period. LPL Financial LLC lifted its stake in shares of VanEck Green Bond ETF by 12.7% during the 4th quarter. LPL Financial LLC now owns 854,869 shares of the financial services provider’s stock worth $20,803,000 after buying an additional 96,614 shares during the last quarter. Natural Investments LLC bought a new stake in shares of VanEck Green Bond ETF during the 4th quarter worth about $1,556,000. Rossby Financial LCC boosted its holdings in shares of VanEck Green Bond ETF by 15.7% during the 3rd quarter. Rossby Financial LCC now owns 280,710 shares of the financial services provider’s stock worth $6,851,000 after buying an additional 38,079 shares during the period. Finally, TrueWealth Financial Partners acquired a new position in VanEck Green Bond ETF in the 4th quarter valued at about $795,000. Institutional investors and hedge funds own 1.77% of the company’s stock.

VanEck Green Bond ETF Stock Down 0.0%

Shares of NYSEARCA GRNB opened at $24.46 on Friday. The business’s 50 day moving average price is $24.39 and its two-hundred day moving average price is $24.41. The company has a market cap of $168.77 million, a PE ratio of -35.97 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.

VanEck Green Bond ETF Cuts Dividend

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

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.