VanEck Green Bond ETF (NYSEARCA:GRNB) Short Interest Down 35.1% in January

VanEck Green Bond ETF (NYSEARCA:GRNB) was the recipient of a large decrease in short interest during the month of January. As of January 15th, there was short interest totaling 9,296 shares, a decrease of 35.1% from the December 31st total of 14,332 shares. Based on an average daily volume of 32,502 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.1% of the shares of the stock are short sold. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily volume of 32,502 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Founders Financial Alliance LLC acquired a new position in shares of VanEck Green Bond ETF during the 3rd quarter worth approximately $33,000. Flagship Harbor Advisors LLC acquired a new position in VanEck Green Bond ETF during the fourth quarter worth $101,000. MAI Capital Management boosted its stake in VanEck Green Bond ETF by 9.1% during the third quarter. MAI Capital Management now owns 5,040 shares of the financial services provider’s stock worth $123,000 after buying an additional 421 shares during the last quarter. Advisory Services Network LLC purchased a new stake in VanEck Green Bond ETF in the 3rd quarter valued at $137,000. Finally, Thrivent Financial for Lutherans acquired a new stake in shares of VanEck Green Bond ETF in the 2nd quarter worth $208,000. 1.77% of the stock is owned by hedge funds and other institutional investors.

VanEck Green Bond ETF Trading Down 0.4%

GRNB traded down $0.09 on Monday, hitting $24.32. 55,549 shares of the company’s stock were exchanged, compared to its average volume of 32,850. VanEck Green Bond ETF has a fifty-two week low of $23.48 and a fifty-two week high of $24.67. The stock has a market cap of $167.81 million, a price-to-earnings ratio of -35.76 and a beta of 0.24. The firm has a 50-day moving average price of $24.39 and a 200-day moving average price of $24.39.

VanEck Green Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which will be paid on Thursday, February 5th. Investors of record on Monday, February 2nd will be given a dividend of $0.089 per share. The ex-dividend date is Monday, February 2nd. This represents a c) dividend on an annualized basis and a yield of 4.4%. VanEck Green Bond ETF’s payout ratio is presently -148.53%.

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.