Short Interest in VanEck Long/Flat Trend ETF (NYSEARCA:LFEQ) Increases By ?

VanEck Long/Flat Trend ETF (NYSEARCA:LFEQ) saw a large growth in short interest in the month of June. As of June 30th, there was short interest totaling 155 shares, a growth of ? from the June 15th total of 0 shares. Based on an average daily trading volume, of 2,062 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the company’s stock are sold short.

Institutional Investors Weigh In On VanEck Long/Flat Trend ETF

An institutional investor recently raised its stake in VanEck Long/Flat Trend ETF stock. Financial Enhancement Group LLC grew its stake in VanEck Long/Flat Trend ETF (NYSEARCA:LFEQ) by 0.4% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 114,116 shares of the company’s stock after buying an additional 430 shares during the quarter. Financial Enhancement Group LLC owned 22.82% of VanEck Long/Flat Trend ETF worth $6,441,000 as of its most recent filing with the SEC.

VanEck Long/Flat Trend ETF Stock Performance

Shares of NYSEARCA:LFEQ traded down $0.50 during trading on Friday, hitting $59.20. The company’s stock had a trading volume of 2,493 shares, compared to its average volume of 1,179. The business has a 50 day moving average price of $59.23 and a two-hundred day moving average price of $56.08. The company has a market capitalization of $27.82 million, a PE ratio of 25.47 and a beta of 0.75. VanEck Long/Flat Trend ETF has a fifty-two week low of $49.61 and a fifty-two week high of $60.38.

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.