VanEck Green Bond ETF (NYSEARCA:GRNB) Shares Shorted: Short Interest Down 91.8% in October

VanEck Green Bond ETF (NYSEARCA:GRNB) saw a large drop in short interest in the month of October. As of October 30th, there was short interest totaling 4,086 shares, a drop of 91.8% from the October 15th total of 49,721 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 43,251 shares, the days-to-cover ratio is presently 0.1 days.

Hedge Funds Weigh In On VanEck Green Bond ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Western Wealth Management LLC purchased a new stake in shares of VanEck Green Bond ETF in the 1st quarter worth about $58,000. Farther Finance Advisors LLC lifted its position in VanEck Green Bond ETF by 10,335.6% during the 3rd quarter. Farther Finance Advisors LLC now owns 4,696 shares of the financial services provider’s stock valued at $109,000 after acquiring an additional 4,651 shares during the period. IFG Advisory LLC lifted its position in VanEck Green Bond ETF by 14.9% during the 3rd quarter. IFG Advisory LLC now owns 5,777 shares of the financial services provider’s stock valued at $134,000 after acquiring an additional 749 shares during the period. Nottingham Advisors Inc. bought a new stake in VanEck Green Bond ETF during the third quarter worth about $256,000. Finally, Private Advisor Group LLC bought a new stake in VanEck Green Bond ETF during the third quarter worth about $259,000. Hedge funds and other institutional investors own 1.77% of the company’s stock.

VanEck Green Bond ETF Stock Down 0.1%

NYSEARCA GRNB opened at $23.21 on Friday. VanEck Green Bond ETF has a twelve month low of $23.10 and a twelve month high of $24.57. The firm has a market capitalization of $193.78 million, a PE ratio of -34.18 and a beta of 0.26. The stock’s 50 day moving average is $23.41 and its 200 day moving average is $23.89.

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.