VanEck Green Bond ETF (NYSEARCA:GRNB) Sees Large Increase in Short Interest

VanEck Green Bond ETF (NYSEARCA:GRNB) was the recipient of a large growth in short interest in April. As of April 15th, there was short interest totaling 4,811 shares, a growth of 908.6% from the March 31st total of 477 shares. Based on an average daily trading volume, of 25,656 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the company’s stock are sold short.

VanEck Green Bond ETF Trading Up 0.1%

GRNB stock traded up $0.03 during trading on Friday, reaching $24.16. The stock had a trading volume of 34,183 shares, compared to its average volume of 30,084. VanEck Green Bond ETF has a 1-year low of $23.70 and a 1-year high of $24.67. The company has a market capitalization of $177.58 million, a P/E ratio of -35.53 and a beta of 0.26. The firm has a fifty day moving average price of $24.16 and a 200 day moving average price of $24.32.

Hedge Funds Weigh In On VanEck Green Bond ETF

A number of institutional investors have recently added to or reduced their stakes in the company. Apollon Wealth Management LLC acquired a new position in VanEck Green Bond ETF in the 1st quarter worth $208,000. Discipline Wealth Solutions LLC acquired a new position in VanEck Green Bond ETF in the 1st quarter worth $454,000. Osaic Holdings Inc. lifted its holdings in VanEck Green Bond ETF by 4.4% in the 4th quarter. Osaic Holdings Inc. now owns 23,765 shares of the financial services provider’s stock worth $578,000 after buying an additional 1,006 shares in the last quarter. Golden State Wealth Management LLC lifted its holdings in VanEck Green Bond ETF by 3.1% in the 4th quarter. Golden State Wealth Management LLC now owns 17,372 shares of the financial services provider’s stock worth $423,000 after buying an additional 518 shares in the last quarter. Finally, Vontobel Holding Ltd. lifted its holdings in VanEck Green Bond ETF by 98.3% in the 4th quarter. Vontobel Holding Ltd. now owns 45,469 shares of the financial services provider’s stock worth $1,106,000 after buying an additional 22,539 shares in the last quarter. Institutional investors and hedge funds own 1.77% of the company’s stock.

VanEck Green Bond ETF Company Profile

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.