VanEck Green Bond ETF (NYSEARCA:GRNB) Sees Significant Growth in Short Interest

VanEck Green Bond ETF (NYSEARCA:GRNB) was the target of a significant growth in short interest in the month of August. As of August 31st, there was short interest totaling 54,308 shares, a growth of 56.3% from the August 15th total of 34,743 shares. Currently, 0.7% of the shares of the company are short sold. Based on an average daily volume of 22,035 shares, the short-interest ratio is currently 2.5 days.

VanEck Green Bond ETF Stock Up 0.3%

Shares of GRNB stock traded up $0.07 during trading hours on Thursday, reaching $23.59. 7,089 shares of the company’s stock were exchanged, compared to its average volume of 29,389. VanEck Green Bond ETF has a fifty-two week low of $23.48 and a fifty-two week high of $24.67. The business has a fifty day moving average price of $23.79 and a 200-day moving average price of $23.97. The stock has a market capitalization of $188.96 million, a P/E ratio of -34.69 and a beta of 0.24.

Institutional Investors Weigh In On VanEck Green Bond ETF

A number of institutional investors have recently bought and sold shares of GRNB. Western Wealth Management LLC acquired a new stake in shares of VanEck Green Bond ETF during the 1st quarter valued at about $58,000. Apollon Wealth Management LLC acquired a new position in VanEck Green Bond ETF in the first quarter worth $208,000. Goepper Burkhardt LLC grew its holdings in VanEck Green Bond ETF by 9.6% during the 4th quarter. Goepper Burkhardt LLC now owns 9,100 shares of the financial services provider’s stock worth $221,000 after acquiring an additional 800 shares during the last quarter. Verus Capital Partners LLC raised its position in VanEck Green Bond ETF by 9.1% in the 4th quarter. Verus Capital Partners LLC now owns 10,564 shares of the financial services provider’s stock worth $257,000 after purchasing an additional 885 shares during the last quarter. Finally, Rehmann Capital Advisory Group raised its position in shares of VanEck Green Bond ETF by 4.8% during the second quarter. Rehmann Capital Advisory Group now owns 12,545 shares of the financial services provider’s stock worth $303,000 after acquiring an additional 575 shares during the last quarter. Institutional investors and hedge funds 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.