VanEck Long/Flat Trend ETF (NYSEARCA:LFEQ) Short Interest Update

VanEck Long/Flat Trend ETF (NYSEARCA:LFEQGet Free Report) was the target of a significant decline in short interest during the month of February. As of February 13th, there was short interest totaling 2,159 shares, a decline of 19.7% from the January 29th total of 2,687 shares. Based on an average daily volume of 665 shares, the short-interest ratio is currently 3.2 days. Approximately 0.4% of the shares of the company are sold short. Approximately 0.4% of the shares of the company are sold short. Based on an average daily volume of 665 shares, the short-interest ratio is currently 3.2 days.

Institutional Investors Weigh In On VanEck Long/Flat Trend ETF

Several institutional investors have recently added to or reduced their stakes in the business. Magnolia Capital Advisors LLC boosted its position in VanEck Long/Flat Trend ETF by 5.8% during the third quarter. Magnolia Capital Advisors LLC now owns 28,700 shares of the company’s stock worth $1,527,000 after purchasing an additional 1,568 shares during the period. J2 Capital Management Inc bought a new position in VanEck Long/Flat Trend ETF in the 3rd quarter worth approximately $240,000. Finally, Financial Enhancement Group LLC boosted its holdings in VanEck Long/Flat Trend ETF by 5.7% in the 3rd quarter. Financial Enhancement Group LLC now owns 115,086 shares of the company’s stock worth $6,191,000 after buying an additional 6,204 shares during the period.

VanEck Long/Flat Trend ETF Stock Performance

Shares of NYSEARCA:LFEQ remained flat at $54.41 during midday trading on Thursday. 179 shares of the company were exchanged, compared to its average volume of 1,073. The stock has a market capitalization of $27.21 million, a PE ratio of 25.47 and a beta of 0.76. VanEck Long/Flat Trend ETF has a 52 week low of $41.58 and a 52 week high of $55.29. The stock has a 50-day simple moving average of $54.65 and a 200 day simple moving average of $53.77.

About VanEck Long/Flat Trend ETF

(Get Free Report)

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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