VanEck Green Bond ETF (NYSEARCA:GRNB) Sees Large Growth in Short Interest

VanEck Green Bond ETF (NYSEARCA:GRNB) saw a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 10,100 shares, a growth of 94.2% from the September 15th total of 5,200 shares. Based on an average daily volume of 20,400 shares, the days-to-cover ratio is presently 0.5 days. Based on an average daily volume of 20,400 shares, the days-to-cover ratio is presently 0.5 days.

VanEck Green Bond ETF Trading Down 0.2%

NYSEARCA:GRNB opened at $24.53 on Thursday. The firm has a market capitalization of $150.86 million, a PE ratio of -36.07 and a beta of 0.17. The stock has a 50 day moving average of $24.42 and a 200-day moving average of $24.13. VanEck Green Bond ETF has a 52 week low of $23.48 and a 52 week high of $24.67.

Hedge Funds Weigh In On VanEck Green Bond ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in GRNB. SK Wealth Management LLC bought a new position in VanEck Green Bond ETF in the 2nd quarter worth approximately $204,000. Thrivent Financial for Lutherans acquired a new stake in shares of VanEck Green Bond ETF during the 2nd quarter valued at $208,000. Perigon Wealth Management LLC acquired a new stake in VanEck Green Bond ETF during the 3rd quarter valued at $210,000. First Pacific Financial increased its stake in shares of VanEck Green Bond ETF by 21.2% in the third quarter. First Pacific Financial now owns 8,894 shares of the financial services provider’s stock worth $217,000 after acquiring an additional 1,557 shares during the last quarter. Finally, Genus Capital Management Inc. boosted its stake in shares of VanEck Green Bond ETF by 200.0% during the 1st quarter. Genus Capital Management Inc. now owns 9,235 shares of the financial services provider’s stock worth $222,000 after acquiring an additional 18,470 shares in the last quarter. 1.77% of the stock is owned by institutional investors.

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.