VanEck Environmental Services ETF (NYSEARCA:EVX) Short Interest Down 87.2% in May

VanEck Environmental Services ETF (NYSEARCA:EVX) was the recipient of a large decline in short interest in the month of May. As of May 29th, there was short interest totaling 2,018 shares, a decline of 87.2% from the May 14th total of 15,710 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily volume of 4,985 shares, the short-interest ratio is presently 0.4 days.

VanEck Environmental Services ETF Trading Up 0.8%

NYSEARCA EVX traded up $0.33 during trading on Thursday, reaching $39.20. The company’s stock had a trading volume of 3,491 shares, compared to its average volume of 8,245. The firm has a market capitalization of $95.26 million, a price-to-earnings ratio of 32.83 and a beta of 0.91. VanEck Environmental Services ETF has a 12 month low of $36.44 and a 12 month high of $42.44. The firm has a 50 day moving average price of $39.54 and a 200 day moving average price of $39.68.

Institutional Trading of VanEck Environmental Services ETF

A number of institutional investors have recently bought and sold shares of the business. Harel Insurance Investments & Financial Services Ltd. lifted its position in VanEck Environmental Services ETF by 38.0% during the fourth quarter. Harel Insurance Investments & Financial Services Ltd. now owns 55,660 shares of the company’s stock worth $2,128,000 after purchasing an additional 15,341 shares during the period. Bank of America Corp DE lifted its position in VanEck Environmental Services ETF by 4.6% during the first quarter. Bank of America Corp DE now owns 52,265 shares of the company’s stock worth $2,024,000 after purchasing an additional 2,293 shares during the period. Capital Analysts LLC lifted its position in VanEck Environmental Services ETF by 8.4% during the fourth quarter. Capital Analysts LLC now owns 25,883 shares of the company’s stock worth $989,000 after purchasing an additional 2,008 shares during the period. Captrust Financial Advisors lifted its position in VanEck Environmental Services ETF by 22.6% during the fourth quarter. Captrust Financial Advisors now owns 14,700 shares of the company’s stock worth $562,000 after purchasing an additional 2,711 shares during the period. Finally, Raymond James Financial Inc. lifted its position in VanEck Environmental Services ETF by 12.1% during the third quarter. Raymond James Financial Inc. now owns 14,245 shares of the company’s stock worth $555,000 after purchasing an additional 1,541 shares during the period.

VanEck Environmental Services ETF Company Profile

Market Vectors Environmental Services ETF (the Fund) seeks to replicate the price and yield performance of the NYSE Arca Environmental Services Index (the Index). The Index is a modified equal dollar-weighted index consisting of publicly traded companies that are involved in the management, removal and storage of consumer waste and industrial by-products and related environmental services. The Fund is passively managed and may not hold each Index component in the same weighting as the Index. The Fund thus may not exactly replicate the performance of the Index.