VanEck Green Bond ETF (NYSEARCA:GRNB) Short Interest Up 113.3% in July

VanEck Green Bond ETF (NYSEARCA:GRNB) saw a significant growth in short interest during the month of July. As of July 15th, there was short interest totaling 42,971 shares, a growth of 113.3% from the June 30th total of 20,148 shares. Currently, 0.6% of the company’s shares are short sold. Based on an average daily trading volume, of 27,785 shares, the short-interest ratio is presently 1.5 days.

VanEck Green Bond ETF Stock Performance

Shares of NYSEARCA GRNB traded up $0.02 during trading on Tuesday, hitting $23.82. 17,736 shares of the company were exchanged, compared to its average volume of 29,866. The company has a fifty day moving average price of $23.99 and a 200-day moving average price of $24.13. The firm has a market capitalization of $184.60 million, a PE ratio of -35.03 and a beta of 0.24. VanEck Green Bond ETF has a 12-month low of $23.72 and a 12-month high of $24.67.

Institutional Trading of VanEck Green Bond ETF

Institutional investors have recently made changes to their positions in the company. Canandaigua National Bank & Trust Co. purchased a new position in VanEck Green Bond ETF in the second quarter worth approximately $919,000. Verus Capital Partners LLC grew its holdings in shares of VanEck Green Bond ETF by 7.7% during the 1st quarter. Verus Capital Partners LLC now owns 11,375 shares of the financial services provider’s stock worth $273,000 after purchasing an additional 811 shares during the period. Western Wealth Management LLC acquired a new stake in shares of VanEck Green Bond ETF during the 1st quarter worth about $58,000. Cetera Investment Advisers raised its holdings in VanEck Green Bond ETF by 13.0% in the 1st quarter. Cetera Investment Advisers now owns 16,104 shares of the financial services provider’s stock valued at $386,000 after buying an additional 1,853 shares during the period. Finally, Ascentis Independent Advisors acquired a new position in VanEck Green Bond ETF in the first quarter valued at about $498,000. Hedge funds and other institutional investors own 1.77% of the company’s stock.

VanEck Green Bond ETF Company Profile

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.