VanEck Onchain Economy ETF (BATS:NODE) Short Interest Down 90.9% in May

VanEck Onchain Economy ETF (BATS:NODE) saw a significant decrease in short interest in the month of May. As of May 15th, there was short interest totaling 2,488 shares, a decrease of 90.9% from the April 30th total of 27,436 shares. Based on an average daily volume of 16,297 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.9% of the company’s stock are short sold.

VanEck Onchain Economy ETF Stock Performance

BATS NODE traded down $0.15 during mid-day trading on Friday, hitting $47.07. The company’s stock had a trading volume of 10,211 shares, compared to its average volume of 19,290. The company’s 50 day simple moving average is $39.76 and its 200 day simple moving average is $37.98. VanEck Onchain Economy ETF has a twelve month low of $26.17 and a twelve month high of $48.88.

Institutional Investors Weigh In On VanEck Onchain Economy ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the business. BXM Wealth LLC acquired a new stake in shares of VanEck Onchain Economy ETF in the 4th quarter worth about $2,915,000. Thrivent Financial for Lutherans bought a new stake in VanEck Onchain Economy ETF during the 4th quarter worth approximately $6,093,000. Stonegate Investment Group LLC bought a new stake in VanEck Onchain Economy ETF during the 3rd quarter worth approximately $1,515,000. Steel Grove Capital Advisors LLC purchased a new stake in shares of VanEck Onchain Economy ETF in the fourth quarter worth approximately $488,000. Finally, Echo45 Advisors LLC bought a new position in shares of VanEck Onchain Economy ETF in the fourth quarter valued at approximately $1,572,000.

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.