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

VanEck Long/Flat Trend ETF (NYSEARCA:LFEQ) was the recipient of a large drop in short interest during the month of July. As of July 15th, there was short interest totaling 84 shares, a drop of 45.8% from the June 30th total of 155 shares. Based on an average trading volume of 2,195 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the company’s shares are short sold.

VanEck Long/Flat Trend ETF Price Performance

Shares of NYSEARCA:LFEQ traded up $0.93 during trading on Thursday, hitting $58.99. The company had a trading volume of 1,843 shares, compared to its average volume of 1,160. The stock has a market cap of $27.73 million, a price-to-earnings ratio of 25.47 and a beta of 0.75. VanEck Long/Flat Trend ETF has a one year low of $49.61 and a one year high of $60.38. The company has a fifty day simple moving average of $59.26 and a two-hundred day simple moving average of $56.39.

Institutional Investors Weigh In On VanEck Long/Flat Trend ETF

An institutional investor recently raised its stake in VanEck Long/Flat Trend ETF stock. J2 Capital Management Inc raised its position in VanEck Long/Flat Trend ETF (NYSEARCA:LFEQ) by 11.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,024 shares of the company’s stock after purchasing an additional 521 shares during the quarter. J2 Capital Management Inc owned 1.00% of VanEck Long/Flat Trend ETF worth $272,000 as of its most recent SEC filing.

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.