Short Interest in VanEck Green Bond ETF (NYSEARCA:GRNB) Grows By 275.8%

VanEck Green Bond ETF (NYSEARCA:GRNB) saw a large increase in short interest in May. As of May 15th, there was short interest totaling 15,226 shares, an increase of 275.8% from the April 30th total of 4,052 shares. Based on an average daily volume of 29,157 shares, the short-interest ratio is presently 0.5 days. Currently, 0.2% of the company’s stock are short sold.

VanEck Green Bond ETF Trading Up 0.2%

Shares of VanEck Green Bond ETF stock traded up $0.04 on Friday, reaching $24.14. 10,827 shares of the company were exchanged, compared to its average volume of 29,134. VanEck Green Bond ETF has a one year low of $23.78 and a one year high of $24.67. The company has a market capitalization of $177.43 million, a price-to-earnings ratio of -35.50 and a beta of 0.25. The company has a 50-day moving average of $24.03 and a 200 day moving average of $24.25.

Institutional Investors Weigh In On VanEck Green Bond ETF

A number of institutional investors and hedge funds have recently modified their holdings of the company. LPL Financial LLC raised its holdings in shares of VanEck Green Bond ETF by 12.7% in the 4th quarter. LPL Financial LLC now owns 854,869 shares of the financial services provider’s stock valued at $20,803,000 after purchasing an additional 96,614 shares during the period. PFG Investments LLC raised its stake in VanEck Green Bond ETF by 36.8% in the 4th quarter. PFG Investments LLC now owns 737,234 shares of the financial services provider’s stock valued at $17,941,000 after acquiring an additional 198,444 shares during the period. Rossby Financial LCC raised its stake in VanEck Green Bond ETF by 11.8% in the 4th quarter. Rossby Financial LCC now owns 313,807 shares of the financial services provider’s stock valued at $7,636,000 after acquiring an additional 33,097 shares during the period. rebel Financial LLC raised its stake in VanEck Green Bond ETF by 4.3% in the 1st quarter. rebel Financial LLC now owns 242,879 shares of the financial services provider’s stock valued at $5,819,000 after acquiring an additional 9,950 shares during the period. Finally, Financial Engines Advisors L.L.C. raised its stake in VanEck Green Bond ETF by 19.6% in the 4th quarter. Financial Engines Advisors L.L.C. now owns 155,374 shares of the financial services provider’s stock valued at $3,781,000 after acquiring an additional 25,470 shares during the period. 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. (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.