VanEck Long/Flat Trend ETF (NYSEARCA:LFEQ) Short Interest Down 62.5% in December

VanEck Long/Flat Trend ETF (NYSEARCA:LFEQ) was the recipient of a significant decrease in short interest during the month of December. As of December 31st, there was short interest totaling 9 shares, a decrease of 62.5% from the December 15th total of 24 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 659 shares, the days-to-cover ratio is currently 0.0 days. Based on an average daily trading volume, of 659 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company’s stock are sold short.

Institutional Investors Weigh In On VanEck Long/Flat Trend ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. Financial Enhancement Group LLC raised its stake in VanEck Long/Flat Trend ETF by 5.7% during the third quarter. Financial Enhancement Group LLC now owns 115,086 shares of the company’s stock worth $6,191,000 after acquiring an additional 6,204 shares in the last quarter. Magnolia Capital Advisors LLC raised its position in VanEck Long/Flat Trend ETF by 5.8% in the 3rd quarter. Magnolia Capital Advisors LLC now owns 28,700 shares of the company’s stock valued at $1,527,000 after purchasing an additional 1,568 shares during the last quarter. Finally, J2 Capital Management Inc bought a new stake in VanEck Long/Flat Trend ETF during the 3rd quarter worth about $240,000.

VanEck Long/Flat Trend ETF Trading Down 0.5%

LFEQ traded down $0.28 during trading on Wednesday, hitting $54.76. The stock had a trading volume of 1,391 shares, compared to its average volume of 1,477. The company has a 50 day simple moving average of $54.32 and a 200-day simple moving average of $52.71. The firm has a market cap of $27.38 million, a PE ratio of 25.47 and a beta of 0.76. VanEck Long/Flat Trend ETF has a 12 month low of $41.58 and a 12 month high of $55.29.

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.