VanEck Social Sentiment ETF (NYSEARCA:BUZZ) Shares Shorted: Short Interest Down 35.6% in September

VanEck Social Sentiment ETF (NYSEARCA:BUZZ) saw a significant drop in short interest during the month of September. As of September 30th, there was short interest totaling 234,136 shares, a drop of 35.6% from the September 15th total of 363,489 shares. Approximately 8.8% of the shares of the company are short sold. Based on an average daily trading volume, of 46,795 shares, the days-to-cover ratio is presently 5.0 days.

VanEck Social Sentiment ETF Stock Performance

Shares of BUZZ opened at $36.67 on Friday. VanEck Social Sentiment ETF has a 1 year low of $26.93 and a 1 year high of $41.23. The company has a market cap of $97.91 million, a price-to-earnings ratio of 29.26 and a beta of 1.72. The firm has a fifty day moving average of $37.43 and a 200-day moving average of $35.98.

Institutional Trading of VanEck Social Sentiment ETF

An institutional investor recently bought a new stake in VanEck Social Sentiment ETF stock. Cetera Investment Advisers bought a new position in VanEck Social Sentiment ETF (NYSEARCA:BUZZ) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 14,590 shares of the company’s stock, valued at approximately $420,000. Cetera Investment Advisers owned about 0.49% of VanEck Social Sentiment ETF at the end of the most recent quarter.

About VanEck Social Sentiment ETF

The VanEck Social Sentiment ETF (BUZZ) is an exchange-traded fund that mostly invests in total market equity. The fund holds 75 US-listed firms with the most positive investor sentiment online. The fund uses a proprietary AI model to select and weight stocks. BUZZ was launched on Mar 2, 2021 and is managed by VanEck.