VanEck Environmental Services ETF (NYSEARCA:EVX) Short Interest Update

VanEck Environmental Services ETF (NYSEARCA:EVX) was the target of a large growth in short interest in June. As of June 30th, there was short interest totaling 6,817 shares, a growth of 181.0% from the June 15th total of 2,426 shares. Approximately 0.3% of the shares of the stock are short sold. Based on an average trading volume of 12,425 shares, the days-to-cover ratio is presently 0.5 days.

Institutional Trading of VanEck Environmental Services ETF

Several large investors have recently made changes to their positions in EVX. CIBC Private Wealth Group LLC bought a new position in shares of VanEck Environmental Services ETF in the fourth quarter valued at about $26,000. Sound Income Strategies LLC acquired a new stake in VanEck Environmental Services ETF in the 4th quarter valued at about $34,000. Brown Brothers Harriman & Co. acquired a new stake in VanEck Environmental Services ETF in the 4th quarter valued at about $44,000. Geneos Wealth Management Inc. raised its stake in shares of VanEck Environmental Services ETF by 400.0% in the first quarter. Geneos Wealth Management Inc. now owns 1,440 shares of the company’s stock worth $51,000 after acquiring an additional 1,152 shares during the last quarter. Finally, Osaic Holdings Inc. raised its stake in shares of VanEck Environmental Services ETF by 89.5% in the second quarter. Osaic Holdings Inc. now owns 4,550 shares of the company’s stock worth $174,000 after acquiring an additional 2,149 shares during the last quarter.

VanEck Environmental Services ETF Stock Down 0.1%

EVX stock traded down $0.04 during midday trading on Tuesday, reaching $41.30. 4,362 shares of the company’s stock traded hands, compared to its average volume of 8,338. The company has a 50-day simple moving average of $39.93 and a two-hundred day simple moving average of $40.03. VanEck Environmental Services ETF has a 1-year low of $36.44 and a 1-year high of $42.44. The company has a market cap of $101.19 million, a price-to-earnings ratio of 32.83 and a beta of 0.90.

VanEck Environmental Services ETF Company Profile

Market Vectors Environmental Services ETF (the Fund) seeks to replicate the price and yield performance of the NYSE Arca Environmental Services Index (the Index). The Index is a modified equal dollar-weighted index consisting of publicly traded companies that are involved in the management, removal and storage of consumer waste and industrial by-products and related environmental services. The Fund is passively managed and may not hold each Index component in the same weighting as the Index. The Fund thus may not exactly replicate the performance of the Index.