VanEck Long/Flat Trend ETF (NYSEARCA:LFEQ) Stock Short Interest Report for September

VanEck Long/Flat Trend ETF (NYSEARCA:LFEQ) was the target of a significant decrease in short interest in the month of September. As of September 30th, there was short interest totaling 33 shares, a decrease of 95.9% from the September 15th total of 796 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 474 shares, the short-interest ratio is currently 0.1 days.

Institutional Investors Weigh In On VanEck Long/Flat Trend ETF

An institutional investor recently bought a new position in VanEck Long/Flat Trend ETF stock. Financial Enhancement Group LLC bought a new stake in VanEck Long/Flat Trend ETF (NYSEARCA:LFEQ) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 90,140 shares of the company’s stock, valued at approximately $5,584,000. Financial Enhancement Group LLC owned about 20.03% of VanEck Long/Flat Trend ETF at the end of the most recent reporting period.

VanEck Long/Flat Trend ETF Trading Up 0.6%

NYSEARCA:LFEQ traded up $0.39 during trading hours on Friday, hitting $62.03. 340 shares of the company were exchanged, compared to its average volume of 1,031. The stock has a market capitalization of $27.91 million, a price-to-earnings ratio of 25.47 and a beta of 0.75. VanEck Long/Flat Trend ETF has a one year low of $50.27 and a one year high of $62.15. The company has a fifty day simple moving average of $61.12 and a 200 day simple moving average of $58.81.

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.