VanEck Long/Flat Trend ETF (NYSEARCA:LFEQ) Short Interest Update

VanEck Long/Flat Trend ETF (NYSEARCA:LFEQ) saw a large increase in short interest in the month of August. As of August 14th, there was short interest totaling 491 shares, an increase of 157.1% from the July 30th total of 191 shares. Based on an average trading volume of 1,438 shares, the short-interest ratio is presently 0.3 days. Currently, 0.1% of the shares of the company are short sold.

Institutional Trading of VanEck Long/Flat Trend ETF

A hedge fund recently raised its position in VanEck Long/Flat Trend ETF stock. Financial Enhancement Group LLC boosted its stake in shares of VanEck Long/Flat Trend ETF (NYSEARCA:LFEQ) by 0.4% during the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 114,116 shares of the company’s stock after buying an additional 430 shares during the period. Financial Enhancement Group LLC owned approximately 22.82% of VanEck Long/Flat Trend ETF worth $6,441,000 at the end of the most recent quarter.

VanEck Long/Flat Trend ETF Stock Performance

Shares of LFEQ stock opened at $61.21 on Friday. The firm has a market capitalization of $28.77 million, a PE ratio of 25.47 and a beta of 0.75. The stock has a fifty day simple moving average of $59.99 and a two-hundred day simple moving average of $57.30. VanEck Long/Flat Trend ETF has a 52-week low of $50.27 and a 52-week high of $61.84.

VanEck Long/Flat Trend ETF Company Profile

The VanEck Long\u002FFlatTrend ETF (LFEQ) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index that uses technical signals to determine an allocation between the S&P 500 and US Treasury bills. The fund may use ETFs for equity exposure. LFEQ was launched on Oct 4, 2017 and is managed by VanEck.