VanEck Green Bond ETF (NYSEARCA:GRNB) Sees Large Drop in Short Interest

VanEck Green Bond ETF (NYSEARCA:GRNB) was the recipient of a large decline in short interest in the month of October. As of October 30th, there was short interest totaling 4,086 shares, a decline of 91.8% from the October 15th total of 49,721 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 43,251 shares, the days-to-cover ratio is currently 0.1 days.

VanEck Green Bond ETF Trading Down 0.5%

NYSEARCA:GRNB traded down $0.11 during mid-day trading on Thursday, hitting $23.24. The company’s stock had a trading volume of 31,838 shares, compared to its average volume of 31,201. VanEck Green Bond ETF has a fifty-two week low of $23.10 and a fifty-two week high of $24.57. The stock has a fifty day moving average of $23.41 and a 200-day moving average of $23.89. The company has a market capitalization of $194.05 million, a price-to-earnings ratio of -34.18 and a beta of 0.26.

Institutional Investors Weigh In On VanEck Green Bond ETF

Hedge funds have recently made changes to their positions in the company. Natural Investments LLC grew its holdings in VanEck Green Bond ETF by 20.0% during the 2nd quarter. Natural Investments LLC now owns 355,772 shares of the financial services provider’s stock worth $8,586,000 after acquiring an additional 59,207 shares during the period. rebel Financial LLC lifted its stake in shares of VanEck Green Bond ETF by 18.5% in the 3rd quarter. rebel Financial LLC now owns 286,782 shares of the financial services provider’s stock valued at $6,659,000 after purchasing an additional 44,785 shares during the period. Neumann Capital Management LLC acquired a new position in shares of VanEck Green Bond ETF in the 3rd quarter valued at $973,000. Vontobel Holding Ltd. acquired a new position in shares of VanEck Green Bond ETF in the 3rd quarter valued at $956,000. Finally, Canandaigua National Bank & Trust Co. bought a new position in shares of VanEck Green Bond ETF in the 3rd quarter worth $922,000. Institutional investors and hedge funds own 1.77% of the company’s stock.

VanEck Green Bond ETF Company Profile

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.