Short Interest in U.S. Vegan Climate ETF (BATS:VEGN) Drops By 74.3%

U.S. Vegan Climate ETF (BATS:VEGN) was the recipient of a large drop in short interest in the month of July. As of July 15th, there was short interest totaling 7,698 shares, a drop of 74.3% from the June 30th total of 29,997 shares. Based on an average daily volume of 9,150 shares, the short-interest ratio is presently 0.8 days. Approximately 0.4% of the company’s shares are sold short.

U.S. Vegan Climate ETF Stock Performance

Shares of BATS VEGN traded up $0.06 during midday trading on Monday, hitting $75.35. 1,848 shares of the company traded hands, compared to its average volume of 5,792. U.S. Vegan Climate ETF has a 12-month low of $54.62 and a 12-month high of $82.36. The stock has a 50-day moving average price of $77.57 and a 200 day moving average price of $67.25. The firm has a market cap of $162.00 million, a P/E ratio of 26.92 and a beta of 1.13.

Institutional Inflows and Outflows

A hedge fund recently raised its position in U.S. Vegan Climate ETF stock. Kingswood Wealth Advisors LLC increased its position in U.S. Vegan Climate ETF (BATS:VEGN) by 1.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 23,389 shares of the company’s stock after purchasing an additional 285 shares during the period. Kingswood Wealth Advisors LLC owned 1.04% of U.S. Vegan Climate ETF worth $1,422,000 at the end of the most recent reporting period.

About U.S. Vegan Climate ETF

The US Vegan Climate ETF (VEGN) is an exchange-traded fund that is based on the US Vegan Climate index. The fund seeks to track a principles-based index of U.S. equities weighted by market-cap. VEGN was launched on Sep 9, 2019 and is managed by Beyond.