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

VanEck Long/Flat Trend ETF (NYSEARCA:LFEQ) was the recipient of a large decrease in short interest in March. As of March 13th, there was short interest totaling 592 shares, a decrease of 79.0% from the February 26th total of 2,822 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 1,223 shares, the days-to-cover ratio is presently 0.5 days.

Institutional Investors Weigh In On VanEck Long/Flat Trend ETF

Several institutional investors have recently modified their holdings of the stock. J2 Capital Management Inc boosted its holdings in shares of VanEck Long/Flat Trend ETF by 11.6% in the 4th quarter. J2 Capital Management Inc now owns 5,024 shares of the company’s stock worth $272,000 after purchasing an additional 521 shares during the period. Magnolia Capital Advisors LLC raised its holdings in VanEck Long/Flat Trend ETF by 5.8% during the 3rd 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. Finally, Financial Enhancement Group LLC lifted its position in VanEck Long/Flat Trend ETF by 5.7% in the third quarter. Financial Enhancement Group LLC now owns 115,086 shares of the company’s stock worth $6,191,000 after buying an additional 6,204 shares during the last quarter.

VanEck Long/Flat Trend ETF Trading Down 1.6%

Shares of NYSEARCA:LFEQ traded down $0.84 during trading on Friday, reaching $50.47. The company’s stock had a trading volume of 169 shares, compared to its average volume of 969. The stock has a market capitalization of $25.24 million, a PE ratio of 25.47 and a beta of 0.76. VanEck Long/Flat Trend ETF has a 12 month low of $41.58 and a 12 month high of $55.29. The firm’s 50 day simple moving average is $53.92 and its two-hundred day simple moving average is $53.90.

About VanEck Long/Flat Trend ETF

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.