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

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

Institutional Inflows and Outflows

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

VanEck Social Sentiment ETF Price Performance

BUZZ opened at $36.67 on Friday. VanEck Social Sentiment ETF has a 12 month low of $26.93 and a 12 month high of $41.23. The stock has a market cap of $97.91 million, a P/E ratio of 29.26 and a beta of 1.72. The stock’s 50 day moving average price is $37.43 and its 200 day moving average price is $35.98.

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.