VanEck Long/Flat Trend ETF (NYSEARCA:LFEQ – Get Free Report) was the recipient of a significant decrease in short interest during the month of September. As of September 30th, there was short interest totaling 33 shares, a decrease of 95.9% from the September 15th total of 796 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average trading volume of 474 shares, the days-to-cover ratio is presently 0.1 days.
Institutional Trading of VanEck Long/Flat Trend ETF
An institutional investor recently raised its position in VanEck Long/Flat Trend ETF stock. Financial Enhancement Group LLC grew its stake in shares of VanEck Long/Flat Trend ETF (NYSEARCA:LFEQ – Free Report) by 0.4% during the first quarter, according to the company in its most recent disclosure with the SEC. The fund owned 114,116 shares of the company’s stock after buying an additional 430 shares during the quarter. Financial Enhancement Group LLC owned approximately 22.82% of VanEck Long/Flat Trend ETF worth $6,441,000 as of its most recent SEC filing.
VanEck Long/Flat Trend ETF Stock Performance
Shares of LFEQ traded up $0.39 during mid-day trading on Friday, reaching $62.03. The company had a trading volume of 340 shares, compared to its average volume of 1,031. The company has a market capitalization of $27.91 million, a price-to-earnings ratio of 25.47 and a beta of 0.75. The company’s 50 day simple moving average is $61.12 and its 200 day simple moving average is $58.81. VanEck Long/Flat Trend ETF has a 1-year low of $50.27 and a 1-year high of $62.15.
VanEck Long/Flat Trend ETF Company Profile
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.
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