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

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

VanEck Green Bond ETF Price Performance

Shares of VanEck Green Bond ETF stock traded down $0.01 during trading hours on Wednesday, hitting $23.36. 7,743 shares of the company’s stock traded hands, compared to its average volume of 31,174. The stock has a market capitalization of $195.04 million, a price-to-earnings ratio of -34.35 and a beta of 0.26. VanEck Green Bond ETF has a 12-month low of $23.10 and a 12-month high of $24.57. The company has a fifty day simple moving average of $23.43 and a 200-day simple moving average of $23.90.

Hedge Funds Weigh In On VanEck Green Bond ETF

Several institutional investors have recently added to or reduced their stakes in the stock. Natural Investments LLC grew its position in shares of VanEck Green Bond ETF by 20.0% during the 2nd quarter. Natural Investments LLC now owns 355,772 shares of the financial services provider’s stock valued at $8,586,000 after acquiring an additional 59,207 shares during the period. rebel Financial LLC raised its stake in shares of VanEck Green Bond ETF by 18.5% in the third quarter. rebel Financial LLC now owns 286,782 shares of the financial services provider’s stock valued at $6,659,000 after buying an additional 44,785 shares during the period. Neumann Capital Management LLC bought a new stake in shares of VanEck Green Bond ETF in the third quarter valued at $973,000. Vontobel Holding Ltd. bought a new position in shares of VanEck Green Bond ETF during the 3rd quarter worth $956,000. Finally, Canandaigua National Bank & Trust Co. bought a new position in shares of VanEck Green Bond ETF during the 3rd quarter worth $922,000. Institutional investors own 1.77% of the company’s stock.

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.