VanEck Long/Flat Trend ETF (NYSEARCA:LFEQ) Short Interest Update

VanEck Long/Flat Trend ETF (NYSEARCA:LFEQ) saw a significant decrease in short interest in the month of December. As of December 15th, there was short interest totaling 24 shares, a decrease of 73.9% from the November 30th total of 92 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 971 shares, the short-interest ratio is currently 0.0 days. Based on an average daily volume of 971 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are sold short.

Hedge Funds Weigh In On VanEck Long/Flat Trend ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Magnolia Capital Advisors LLC grew its position in VanEck Long/Flat Trend ETF by 5.8% during the third quarter. Magnolia Capital Advisors LLC now owns 28,700 shares of the company’s stock valued at $1,527,000 after buying an additional 1,568 shares during the period. J2 Capital Management Inc purchased a new stake in shares of VanEck Long/Flat Trend ETF in the 3rd quarter worth $240,000. Finally, Financial Enhancement Group LLC raised its holdings in VanEck Long/Flat Trend ETF by 5.7% in the 3rd quarter. Financial Enhancement Group LLC now owns 115,086 shares of the company’s stock worth $6,191,000 after purchasing an additional 6,204 shares during the period.

VanEck Long/Flat Trend ETF Trading Up 0.3%

VanEck Long/Flat Trend ETF stock traded up $0.18 on Thursday, hitting $55.29. 193 shares of the stock traded hands, compared to its average volume of 1,841. VanEck Long/Flat Trend ETF has a 1 year low of $41.58 and a 1 year high of $55.29. The firm has a market cap of $28.75 million, a P/E ratio of 25.47 and a beta of 0.76. The business’s fifty day simple moving average is $54.11 and its 200 day simple moving average is $52.00.

VanEck Long/Flat Trend ETF Company Profile

The VanEck Long\u002FFlatTrend ETF (LFEQ) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index that uses technical signals to determine an allocation between the S&P 500 and US Treasury bills. The fund may use ETFs for equity exposure. LFEQ was launched on Oct 4, 2017 and is managed by VanEck.