VanEck Long/Flat Trend ETF (NYSEARCA:LFEQ – Get Free Report) saw a significant growth in short interest in the month of August. As of August 31st, there was short interest totaling 822 shares, a growth of 67.4% from the August 15th total of 491 shares. Based on an average daily volume of 326 shares, the short-interest ratio is presently 2.5 days. Currently, 0.2% of the company’s shares are sold short.
Institutional Trading of VanEck Long/Flat Trend ETF
An institutional investor recently raised its stake in VanEck Long/Flat Trend ETF stock. Financial Enhancement Group LLC boosted its holdings in VanEck Long/Flat Trend ETF (NYSEARCA:LFEQ – Free Report) by 0.4% during the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 114,116 shares of the company’s stock after acquiring an additional 430 shares during the period. Financial Enhancement Group LLC owned 22.82% of VanEck Long/Flat Trend ETF worth $6,441,000 at the end of the most recent reporting period.
VanEck Long/Flat Trend ETF Price Performance
NYSEARCA:LFEQ opened at $60.66 on Friday. The firm has a market capitalization of $3.64 million, a price-to-earnings ratio of 25.47 and a beta of 0.75. The company’s 50-day moving average is $60.44 and its two-hundred day moving average is $57.93. VanEck Long/Flat Trend ETF has a 1-year low of $50.27 and a 1-year high of $61.84.
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.
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