VanEck Green Metals ETF (NYSEARCA:GMET) Short Interest Update

VanEck Green Metals ETF (NYSEARCA:GMET) was the recipient of a large growth in short interest during the month of October. As of October 15th, there was short interest totaling 15,900 shares, a growth of 123.9% from the September 30th total of 7,100 shares. Approximately 2.1% of the company’s shares are sold short. Based on an average daily volume of 5,400 shares, the days-to-cover ratio is currently 2.9 days. Based on an average daily volume of 5,400 shares, the days-to-cover ratio is currently 2.9 days. Approximately 2.1% of the company’s shares are sold short.

VanEck Green Metals ETF Trading Down 0.6%

Shares of NYSEARCA:GMET opened at $32.83 on Friday. The business has a 50-day moving average price of $30.17 and a 200 day moving average price of $25.50. The company has a market capitalization of $24.62 million, a price-to-earnings ratio of 21.18 and a beta of 0.90. VanEck Green Metals ETF has a 12-month low of $16.78 and a 12-month high of $34.30.

Institutional Investors Weigh In On VanEck Green Metals ETF

An institutional investor recently raised its position in VanEck Green Metals ETF stock. Flow Traders U.S. LLC grew its position in VanEck Green Metals ETF (NYSEARCA:GMET) by 56.2% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 27,002 shares of the company’s stock after buying an additional 9,712 shares during the quarter. Flow Traders U.S. LLC owned 3.38% of VanEck Green Metals ETF worth $646,000 as of its most recent filing with the Securities and Exchange Commission.

VanEck Green Metals ETF Company Profile

The VanEck Green Metals ETF (GMET) is an exchange-traded fund that is based on the MVIS Global Clean-Tech Metals index, a market-cap-weighted index of global companies involved in mining, refining, and recycling of metals and rare earth elements that are used in technologies contributing to clean energy transition.