Short Interest in VanEck Green Bond ETF (NYSEARCA:GRNB) Increases By 68.9%

VanEck Green Bond ETF (NYSEARCA:GRNB) was the recipient of a large growth in short interest in the month of January. As of January 30th, there was short interest totaling 15,699 shares, a growth of 68.9% from the January 15th total of 9,296 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average trading volume of 31,036 shares, the short-interest ratio is currently 0.5 days. Based on an average trading volume of 31,036 shares, the short-interest ratio is currently 0.5 days. Approximately 0.2% of the shares of the company are sold short.

VanEck Green Bond ETF Trading Up 0.2%

NYSEARCA:GRNB opened at $24.44 on Monday. VanEck Green Bond ETF has a 12-month low of $23.48 and a 12-month high of $24.67. The stock’s 50 day simple moving average is $24.37 and its 200-day simple moving average is $24.40. The firm has a market cap of $168.64 million, a P/E ratio of -35.94 and a beta of 0.24.

VanEck Green Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were paid a $0.089 dividend. This represents a c) annualized dividend and a yield of 4.4%. The ex-dividend date of this dividend was Monday, February 2nd. VanEck Green Bond ETF’s payout ratio is currently -150.00%.

Institutional Trading of VanEck Green Bond ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the company. LPL Financial LLC raised its holdings in VanEck Green Bond ETF by 12.7% during the fourth quarter. LPL Financial LLC now owns 854,869 shares of the financial services provider’s stock worth $20,803,000 after purchasing an additional 96,614 shares in the last quarter. PFG Investments LLC boosted its holdings in VanEck Green Bond ETF by 36.8% in the 4th quarter. PFG Investments LLC now owns 737,234 shares of the financial services provider’s stock valued at $17,941,000 after purchasing an additional 198,444 shares in the last quarter. Rossby Financial LCC increased its position in VanEck Green Bond ETF by 11.8% during the 4th quarter. Rossby Financial LCC now owns 313,807 shares of the financial services provider’s stock worth $7,636,000 after purchasing an additional 33,097 shares during the period. Financial Engines Advisors L.L.C. raised its stake in shares of VanEck Green Bond ETF by 19.6% during the 4th quarter. Financial Engines Advisors L.L.C. now owns 155,374 shares of the financial services provider’s stock worth $3,781,000 after buying an additional 25,470 shares in the last quarter. Finally, UBS Group AG raised its stake in shares of VanEck Green Bond ETF by 3.1% during the 3rd quarter. UBS Group AG now owns 77,308 shares of the financial services provider’s stock worth $1,889,000 after buying an additional 2,348 shares in the last quarter. Hedge funds and other institutional investors own 1.77% of the company’s stock.

About VanEck Green Bond ETF

Green Bankshares, Inc (Green Bankshares) is a bank holding company. Prior to September 7, 2011, Green Bankshares conducted its business primarily through its wholly owned subsidiary, GreenBank (the Bank). On September 7, 2011, the Bank merged with and into Capital Bank, National Association (Capital Bank, NA), a subsidiary of Capital Bank Financial Corp. (CBF). CBF owns approximately 90% interest of the Company. As of December 31, 2011, the Company’s net investment of $315.3 million in Capital Bank, NA.