VanEck Green Bond ETF (NYSEARCA:GRNB) Short Interest Up 170.5% in February

VanEck Green Bond ETF (NYSEARCA:GRNB) saw a significant growth in short interest in February. As of February 13th, there was short interest totaling 42,463 shares, a growth of 170.5% from the January 29th total of 15,699 shares. Based on an average daily trading volume, of 35,495 shares, the days-to-cover ratio is currently 1.2 days. Currently, 0.6% of the company’s shares are sold short. Currently, 0.6% of the company’s shares are sold short. Based on an average daily trading volume, of 35,495 shares, the days-to-cover ratio is currently 1.2 days.

Institutional Trading of VanEck Green Bond ETF

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

VanEck Green Bond ETF Stock Up 0.1%

Shares of VanEck Green Bond ETF stock traded up $0.03 during trading on Friday, hitting $24.49. The stock had a trading volume of 33,211 shares, compared to its average volume of 34,411. VanEck Green Bond ETF has a 1 year low of $23.48 and a 1 year high of $24.67. The stock has a 50 day simple moving average of $24.39 and a 200 day simple moving average of $24.41. The company has a market capitalization of $168.98 million, a PE ratio of -36.01 and a beta of 0.24.

VanEck Green Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were given a dividend of $0.089 per share. This represents a c) annualized dividend and a yield of 4.4%. The ex-dividend date was Monday, February 2nd. VanEck Green Bond ETF’s payout ratio is presently -150.00%.

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.