VanEck Onchain Economy ETF (BATS:NODE) Sees Large Decline in Short Interest

VanEck Onchain Economy ETF (BATS:NODE) was the recipient of a significant decrease in short interest in August. As of August 14th, there was short interest totaling 2,256 shares, a decrease of 64.2% from the July 30th total of 6,293 shares. Based on an average trading volume of 8,417 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.8% of the company’s stock are short sold.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Jane Street Group LLC purchased a new position in shares of VanEck Onchain Economy ETF in the second quarter worth $542,000. Citadel Advisors LLC purchased a new stake in shares of VanEck Onchain Economy ETF during the third quarter valued at $459,000. Plan Group Financial LLC acquired a new position in shares of VanEck Onchain Economy ETF in the 4th quarter valued at $348,000. Thrivent Financial for Lutherans acquired a new position in shares of VanEck Onchain Economy ETF in the 4th quarter valued at $6,093,000. Finally, HighTower Advisors LLC purchased a new position in VanEck Onchain Economy ETF in the 4th quarter worth $375,000.

VanEck Onchain Economy ETF Stock Up 2.8%

Shares of VanEck Onchain Economy ETF stock opened at $40.23 on Friday. The company has a 50 day moving average price of $39.93 and a 200 day moving average price of $39.41. VanEck Onchain Economy ETF has a 52 week low of $30.36 and a 52 week high of $54.32.

VanEck Onchain Economy ETF Company Profile

The Vaneck Funds – Onchain Economy ETF (NODE) is an exchange-traded fund that trades on the BATS exchange in the United States.