VanEck Onchain Economy ETF (BATS:NODE) Sees Significant Growth in Short Interest

VanEck Onchain Economy ETF (BATS:NODE) was the recipient of a large growth in short interest in July. As of July 31st, there was short interest totaling 6,293 shares, a growth of 293.3% from the July 15th total of 1,600 shares. Currently, 2.3% of the shares of the stock are short sold. Based on an average daily volume of 7,371 shares, the short-interest ratio is currently 0.9 days.

Hedge Funds Weigh In On VanEck Onchain Economy ETF

Institutional investors have recently added to or reduced their stakes in the business. IFP Advisors Inc raised its holdings in shares of VanEck Onchain Economy ETF by 39.7% in the 4th quarter. IFP Advisors Inc now owns 3,872 shares of the company’s stock valued at $135,000 after acquiring an additional 1,100 shares in the last quarter. Private Wealth Asset Management LLC purchased a new position in shares of VanEck Onchain Economy ETF during the fourth quarter worth about $191,000. Plan Group Financial LLC purchased a new position in shares of VanEck Onchain Economy ETF during the fourth quarter worth about $348,000. HighTower Advisors LLC bought a new position in shares of VanEck Onchain Economy ETF in the fourth quarter worth approximately $375,000. Finally, Citadel Advisors LLC bought a new position in shares of VanEck Onchain Economy ETF in the third quarter worth approximately $459,000.

VanEck Onchain Economy ETF Stock Up 1.2%

VanEck Onchain Economy ETF stock opened at $37.97 on Friday. VanEck Onchain Economy ETF has a fifty-two week low of $30.36 and a fifty-two week high of $54.32. The firm’s fifty day moving average price is $40.97 and its 200-day moving average price is $39.33.

VanEck Onchain Economy ETF Company Profile

The Vaneck Funds – Onchain Economy ETF (NODE) is an exchange-traded fund that trades on the BATS exchange in the United States.