VanEck Green Bond ETF (NYSEARCA:GRNB) Short Interest Up 68.9% in January

VanEck Green Bond ETF (NYSEARCA:GRNB) saw a large increase in short interest during the month of January. As of January 30th, there was short interest totaling 15,699 shares, an increase of 68.9% from the January 15th total of 9,296 shares. Based on an average daily volume of 31,036 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.2% of the company’s stock are sold short. Approximately 0.2% of the company’s stock are sold short. Based on an average daily volume of 31,036 shares, the days-to-cover ratio is currently 0.5 days.

Institutional Investors Weigh In On VanEck Green Bond ETF

Several large investors have recently made changes to their positions in GRNB. Founders Financial Alliance LLC acquired a new position in VanEck Green Bond ETF in the third quarter valued at about $33,000. Flagship Harbor Advisors LLC bought a new position in shares of VanEck Green Bond ETF in the fourth quarter valued at approximately $101,000. MAI Capital Management boosted its holdings in shares of VanEck Green Bond ETF by 9.1% in the 3rd quarter. MAI Capital Management now owns 5,040 shares of the financial services provider’s stock worth $123,000 after acquiring an additional 421 shares in the last quarter. Advisory Services Network LLC bought a new stake in VanEck Green Bond ETF during the 3rd quarter worth approximately $137,000. Finally, Thrivent Financial for Lutherans acquired a new position in VanEck Green Bond ETF in the second quarter worth $208,000. Institutional investors own 1.77% of the company’s stock.

VanEck Green Bond ETF Stock Performance

Shares of VanEck Green Bond ETF stock traded up $0.06 on Friday, reaching $24.44. The stock had a trading volume of 26,472 shares, compared to its average volume of 32,956. The stock has a market cap of $168.64 million, a P/E ratio of -35.94 and a beta of 0.24. The business’s 50-day moving average price is $24.37 and its two-hundred day moving average price is $24.40. VanEck Green Bond ETF has a fifty-two week low of $23.48 and a fifty-two week high of $24.67.

VanEck Green Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were given a $0.089 dividend. This represents a c) annualized dividend and a yield of 4.4%. The ex-dividend date of this dividend was Monday, February 2nd. VanEck Green Bond ETF’s dividend payout ratio is -150.00%.

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.