VanEck Onchain Economy ETF (BATS:NODE) Sees Significant Increase in Short Interest

VanEck Onchain Economy ETF (BATS:NODE) saw a large increase in short interest in May. As of May 29th, there was short interest totaling 4,330 shares, an increase of 74.0% from the May 14th total of 2,488 shares. Currently, 1.6% of the company’s shares are sold short. Based on an average daily trading volume, of 11,691 shares, the days-to-cover ratio is currently 0.4 days.

Institutional Trading of VanEck Onchain Economy ETF

Large investors have recently added to or reduced their stakes in the stock. IFP Advisors Inc purchased a new stake in VanEck Onchain Economy ETF in the 3rd quarter valued at $113,000. Private Wealth Asset Management LLC acquired a new position in shares of VanEck Onchain Economy ETF in the 4th quarter valued at $191,000. Plan Group Financial LLC acquired a new position in shares of VanEck Onchain Economy ETF in the 4th quarter valued at $348,000. HighTower Advisors LLC acquired a new position in shares of VanEck Onchain Economy ETF in the 4th quarter valued at $375,000. Finally, Citadel Advisors LLC acquired a new position in shares of VanEck Onchain Economy ETF in the 3rd quarter valued at $459,000.

VanEck Onchain Economy ETF Stock Performance

Shares of BATS:NODE opened at $44.16 on Monday. The business has a fifty day moving average of $41.97 and a two-hundred day moving average of $38.43. VanEck Onchain Economy ETF has a 52-week low of $27.45 and a 52-week high of $54.32.

About VanEck Onchain Economy ETF

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