VanEck Green Bond ETF (NYSEARCA:GRNB) Short Interest Up 113.3% in July

VanEck Green Bond ETF (NYSEARCA:GRNB) was the recipient of a large growth in short interest during the month of July. As of July 15th, there was short interest totaling 42,971 shares, a growth of 113.3% from the June 30th total of 20,148 shares. Currently, 0.6% of the shares of the stock are short sold. Based on an average daily trading volume, of 27,785 shares, the short-interest ratio is presently 1.5 days.

Institutional Investors Weigh In On VanEck Green Bond ETF

A number of large investors have recently added to or reduced their stakes in GRNB. Western Wealth Management LLC purchased a new position in shares of VanEck Green Bond ETF in the 1st quarter worth about $58,000. Flagship Harbor Advisors LLC bought a new stake in VanEck Green Bond ETF in the 4th quarter worth approximately $101,000. Advisory Services Network LLC bought a new stake in VanEck Green Bond ETF in the 3rd quarter worth approximately $137,000. Apollon Wealth Management LLC bought a new stake in VanEck Green Bond ETF in the 1st quarter worth approximately $208,000. Finally, Thrivent Financial for Lutherans purchased a new stake in VanEck Green Bond ETF in the second quarter worth approximately $208,000. Hedge funds and other institutional investors own 1.77% of the company’s stock.

VanEck Green Bond ETF Stock Up 0.2%

Shares of NYSEARCA GRNB traded up $0.05 during mid-day trading on Thursday, reaching $23.82. 17,625 shares of the company were exchanged, compared to its average volume of 29,738. VanEck Green Bond ETF has a 52 week low of $23.72 and a 52 week high of $24.67. The stock has a market capitalization of $184.60 million, a PE ratio of -35.03 and a beta of 0.24. The company’s 50 day moving average price is $23.99 and its 200 day moving average price is $24.12.

VanEck Green Bond ETF Company Profile

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.