VanEck Green Bond ETF (NYSEARCA:GRNB) Short Interest Up 221.6% in June

VanEck Green Bond ETF (NYSEARCA:GRNB) saw a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 68,576 shares, an increase of 221.6% from the May 31st total of 21,324 shares. Based on an average trading volume of 28,905 shares, the short-interest ratio is currently 2.4 days. Currently, 0.9% of the shares of the company are short sold.

VanEck Green Bond ETF Stock Performance

Shares of GRNB stock opened at $24.17 on Tuesday. The firm’s 50-day moving average is $24.07 and its 200-day moving average is $24.20. The stock has a market cap of $177.65 million, a price-to-earnings ratio of -35.54 and a beta of 0.24. VanEck Green Bond ETF has a 52-week low of $23.78 and a 52-week high of $24.67.

Institutional Trading of VanEck Green Bond ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. Dynamic Advisor Solutions LLC acquired a new stake in shares of VanEck Green Bond ETF in the fourth quarter valued at approximately $520,000. PFG Investments LLC increased its holdings in shares of VanEck Green Bond ETF by 36.8% during the 4th quarter. PFG Investments LLC now owns 737,234 shares of the financial services provider’s stock worth $17,941,000 after acquiring an additional 198,444 shares during the last quarter. Natural Investments LLC acquired a new position in shares of VanEck Green Bond ETF during the 4th quarter worth approximately $1,556,000. TrueWealth Financial Partners acquired a new position in shares of VanEck Green Bond ETF during the 4th quarter worth approximately $795,000. Finally, Focus Partners Advisor Solutions LLC raised its stake in VanEck Green Bond ETF by 132.2% in the 3rd quarter. Focus Partners Advisor Solutions LLC now owns 23,140 shares of the financial services provider’s stock valued at $564,000 after acquiring an additional 13,176 shares during the period. 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.